AGM Presentation
Perth, Nov 29, 2018 AEST (ABN Newswire) - Ardea Resources Ltd (
ASX:ARL) (ARRRF:OTCMKTS) 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: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.
| ||
|
