ARL 2.56% 40.0¢ ardea resources limited

Ann: Lewis Ponds met testwork produces high grade concentrates, page-5

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  1. 3,329 Posts.
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    Lewis ponds is a Zink, Gold, Silver, Lead, Copper deposit in NSW.
    Lewis Ponds is viewed as a bulk tonnage base and precious metal opportunity.
    Lewis Ponds is amenable to simple gravity and flotation processing.
    On an operating scale the separation and recovery processes are off the shelf and inexpensive to implement.

    To focus our attention and create additional value for shareholders, the NSW assets including Lewis Ponds will be spun out within the next 12 months.

    Well done Dr Matthew Painter, looking forward to further updates on your success.
    RED
 
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