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:

About Ardea Resources Ltd

Ardea Resources Ltd ASX:ARLArdea Resources Ltd (ASX:ARL) (OTCMKTS:ARRRF) (FRA:A91) is an ASX listed resources company, with 100% controlled Australian based projects, prioritising a three-pronged value creation strategy which is:

- development of the Goongarrie Nickel Cobalt Project, which is part of the Kalgoorlie Nickel Project, a globally significant series of nickel-cobalt deposits which host the largest nickel-cobalt resource in the developed world, coincidentally located as a cover sequence overlying fertile orogenic gold targets;

- advanced-stage exploration at WA gold and nickel sulphide targets within the Eastern Goldfields world-class nickel-gold province; and

- the demerger of the NSW gold and base metal assets with planned in-specie share distribution, with projects located within the Lachlan Fold Belt world-class gold-copper province.



Ardea Resources Ltd
T: +61-8-6244-5136

Related Companies

Ardea Resources Ltd

ABN Newswire This Page Viewed:  (Last 7 Days: 45) (Last 30 Days: 211) (Since Published: 2237) 

Ardea Resources Ltd NEWS: RECENT VISITS (7705)