AGM Presentation
AGM Presentation
Perth, Nov 29, 2018 AEST (ABN Newswire) - Ardea Resources Ltd (ASX:ARL) (OTCMKTS:ARRRF) provides the Company's AGM Presentation.

Significant Progress in 2018

Building on the $50 Million spent by Vale and Heron on 2005-2009 PFS

Geology

- Resource upgrade at Goongarrie

- Maiden reserve announced for Goongarrie

- 47,239m of drilling to date by Ardea since listing

Metallurgy

- Variability and Rheology test work to date favourable

- Pilot Plant testing successfully produced nickel and cobalt sulphate crystals

- Crystals meet specifications of several battery industry off-takers

- Marketing samples to be evaluated by off-takers and battery end-users

Project Studies

- Pre-Feasibility Study completed for 1.0 and 1.5Mtpa processing options

- Scoping Study completed for 2.25Mtpa expansion case option

To view the full presentation, please visit:
http://abnnewswire.net/lnk/5SSF8V7O


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.

  


Contact

Ardea Resources Limited:
Katina Law
Executive Chair
Tel: +61-8-6244-5136

Media or Investor Inquiries:
Michael Weir, Citadel Magnus
Tel: +61-8-6160-4900



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