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Ardea Resources Advances Goongarrie Nickel Project
Company Announcements

Ardea Resources Advances Goongarrie Nickel Project

Ardea Resources Ltd. (AU:ARL) has released an update.

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Ardea Resources Ltd. has announced that their Goongarrie Nickel Project has moved from the Pre-Feasibility Study phase to the Definitive Feasibility Study stage, indicating positive economic potential for this multi-decade nickel-cobalt operation. The company’s updates cover a range of progress milestones including resource estimates, environmental accreditations and strategic partnerships, notably with a Japanese consortium. However, the company warns that forward-looking statements involve risks and uncertainties, and actual results may differ from current expectations.

For further insights into AU:ARL stock, check out TipRanks’ Stock Analysis page.

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