Presentation to the Australian Nickel Conference
Presentation to the Australian Nickel Conference
Perth, Oct 23, 2018 AEST (ABN Newswire) - Ardea Resources Ltd (ASX:ARL) (OTCMKTS:ARRRF) provides the Company's presentation to the Australian Nickel Conference.

Investment Summary

- Advanced Australian nickel and cobalt project at Goongarrie

o 141,912 m of RC drilling completed, plus diamond and sonic drilling for bulk metallurgy samples

o The Goongarrie Mineral Resource contains 1.5 million tonnes of nickel and 130,700 tonnes of cobalt

- Prefeasibility Study completed

o 1Mtpa and 1.5Mtpa case studies offer significant economic opportunity

o Scoping Study completed on 2.25Mtpa case shows excellent upside

- DFS Programs underway

- Positive metallurgical factors and test-work

- Leveraged to increasing nickel and cobalt demand from the rapidly growing EV and Static Storage Battery markets

To view the full presentation, please visit:
http://abnnewswire.net/lnk/33ML8U6G


About Ardea Resources Ltd

Ardea Resources Ltd ASX:ARLArdea Resources Ltd (ASX:ARL) (OTCMKTS:ARRRF) (FRA:A91) is an Australian resources company which owns 100% of the Kalgoorlie Nickel Project (KNP), a globally significant series of nickel-cobalt laterite deposits which host the largest cobalt resource in the developed world. Ardea is focused on the development of the Goongarrie Nickel Cobalt Project (GNCP) within the KNP, 80km north of Kalgoorlie WA. Ardea has completed a Prefeasibility Study for a 1Mpta and 1.5Mtpa case on the GNCP and also a scoping study for a 2.25Mtpa case. Ardea is currently working with KPMG Australia Corporate Finance to secure a Strategic Partner to jointly develop the GNCP. Ardea also owns an extensive portfolio of projects in Western Australia and New South Wales which are highly prospective for gold, nickel sulphide and zinc.

  


Contact

Ardea Resources Ltd
T: +61-8-6244-5136
E: ardea@ardearesources.com.au
WWW: www.ardearesources.com.au



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