Ardea Resources Ltd. ( (AU:ARL) ) has provided an update.
Ardea Resources Limited has completed an infill drilling program at its Big Four and Scotia Dam nickel-cobalt deposits, part of the Kalgoorlie Nickel Project’s Goongarrie Hub. The results confirm the continuity and high grade of the mineralization, supporting potential upgrades to resource classifications and aiding in the development of a robust mining plan. This is crucial for the project’s first five years of production, with ongoing drilling and assays at other deposits continuing to bolster the project’s feasibility.
More about Ardea Resources Ltd.
Ardea Resources Limited is a company operating in the mining industry, focusing on nickel and cobalt deposits. Their primary operations are centered around the Kalgoorlie Nickel Project (KNP) – Goongarrie Hub, with a market focus on enhancing resource classification and optimizing mining plans.
YTD Price Performance: 3.18%
Average Trading Volume: 14,733
Technical Sentiment Signal: Strong Buy
Current Market Cap: $50.22M
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