Ardea Resources Ltd (ASX:ARL) (OTCMKTS:ARRRF) provides the Company's latest presentation.

Investment Summary

- Advanced Australian Nickel Cobalt project at Goongarrie

o Globally significant mineral resource in an infrastructure rich and stable jurisdiction

o Project Studies completed:

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

-- Scoping Study completed on 2.25Mtpa case shows excellent upside

o DFS Programs underway

o Leveraged to increasing nickel and cobalt demand from the rapidly growing EV and Static Storage Battery (SSB) markets

- Ardea has an extensive (3,500km2), highly prospective landholding in WA with active work programs for gold and nickel sulphides

- Strategic portfolio of NSW gold and base metal assets with active work programs underway leading into IPO

To view the full presentation, please visit:

About Ardea Resources Ltd

Ardea 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:
Andrew Penkethman
Chief Executive Officer, Ardea Resources Limited
Tel: +61-8-6244-5136

Link: RIU Sydney Resources Round-Up Presentation - May 2019

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Ardea Resources Ltd

Related Industry Topics:
Metals Materials General Mining Nickel Cobalt