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ARDEA RESOURCES LIMITED - Corporate Spotlight

Ardea Resources Limited (“Ardea”) is a Western Australia focused multi-commodity explorer... Ardea Resources Limited (“Ardea”) is a Western Australia focused multi-commodity explorer and developer advancing its flagship 100%-owned Goongarrie Nickel-Cobalt Project (“Goongarrie” or “GNCP”). The GNCP is part of the largest Nickel Cobalt Resource in the developed world, coincidentally located as a cover sequence overlying fertile orogenic gold targets. Ardea is actively exploring its large, strategic land holding within the Eastern Goldfields for nickel sulphides, gold and Critical MineralsMore

Corporate Spotlight

Ardea Resources Limited is a Western Australia focused multi-commodity explorer in the Goldfields Region and developer advancing its flagship 100%-owned Goongarrie Nickel-Cobalt Project. The GNCP is part of the largest Nickel Cobalt Resource in the developed world with gold targets.
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The Assay TV: Andrew Penkethman, Managing Director

VIDEOS & MEDIA

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The Assay TV: Andrew Penkethman, Managing Director and CEO, Ardea Resources (ASX:ARL)


Hidden Gems Webinar Presentation


Explorers 2020 Q&A: Andrew Penkethman, Ardea Resources - February 2020


New World Metals Q&A: Andrew Penkethman - December 2019

The Market Herald: Interview with Andrew Penkethman, Ardea Resources - December 2019


2020 QUARTERLY ACTIVITIES & CASHFLOW

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MARCH 2020 QUARTERLY ACTIVITIES & CASHFLOW REPORT

ASX Release 9th April 2020



View The Full Report Here

RIU EXPLORERS CONFERENCE FEBRUARY 2020

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RIU EXPLORERS CONFERENCE PRESENTATION

19th February 2020



View The Full Presentation Here




DRILLING DEFINES SHALLOW HIGH-GRADE GOLD

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DRILLING DEFINES SHALLOW, HIGH-GRADE GOLD AT BIG FOUR

ASX Release 26th February 2020


HIGHLIGHTS 

  • Drilling at Ardea’s Big Four gold prospect within the footprint of the Goongarrie Nickel Cobalt Project has defined strong, near-surface gold intercepts.
  • Drilling confirms historic results from adjacent drill holes, boosting confidence in historic drilling data.


Results include:

  • ABFR0270: 18 m at 3.38 g/t gold from 18 m
    • including 6 m at 6.03 g/t gold from 20 m o 
  • ABFR0272: 14 m at 2.40 g/t gold from 6 m
    • including 4 m at 5.73 g/t gold from 6 m o 
  • ABFR0274: 20 m at 2.91 g/t gold from 76 m
    • including 2 m at 13.60 g/t gold from 76 m 
    • and 2m at 5.29g/t gold from 82m 
    • and 2m at 5.01g/t gold from 92m

Ardea Resources Limited has completed an 11-hole RC drilling program at the historic Big Four gold mine, south of Goongarrie. Big Four Gold is located within the footprint of the Goongarrie Nickel-Cobalt Project (GNCP), Ardea’s flagship asset.


Importantly, each of the 11 drill holes completed contained significant gold intercepts.

Systematic gold exploration across the GNCP represents another opportunity to enhance overall project economics. Presently, strong, coherent, and extensive gold anomalism is associated with surface lateritic nickel-cobalt mineralisation and could be indicative of underlying primary bedrock orogenic gold mineralisation.


Ardea’s Managing Director, Andrew Penkethman, said:

“Ardea is highly encouraged by these first-pass drill results from Big Four. The fact that all planned holes intersected significant gold mineralisation confirms the geological model. Mineralisation is still open at depth and a possible fault off-set structural repetition has been modeled along strike to the north and will now be tested to define the extent of this mineralised system.


Ardea will continue to test the prospectivity of its large Eastern Goldfields land holding for gold and nickel sulphides, in parallel to de-risking the nickel-cobalt resources within the broader Kalgoorlie Nickel Project.”


BIG FOUR GOLD PROSPECT

The recent drill program at Big Four Gold has confirmed significant shallow gold mineralisation hosted predominantly within an alkaline, porphyritic intrusive and surrounding Siberia Komatiite that had previously been intercepted in historic drill programs. In doing so, some of the best gold mineralisation intercepts historically recorded at the deposit were encountered.


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Figure 1 – Panned gold from a small sample of ABFR0273, 38-42 m (4 m at 5.78 g/t gold). View is approximately 20 mm across.


Read The Full Announcement Here

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