ARL 2.50% 41.0¢ ardea resources limited

Ann: Nickel sulphide exploration commences at Perrinvale Project, page-26

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  1. 17 Posts.
    lightbulb Created with Sketch. 99
    From SGQ announcements regarding Fish Hook.
    https://hotcopper.com.au/data/attachments/1685/1685728-589602c45dcbb4ac0c99529b9cb5051f.jpg
    https://hotcopper.com.au/data/attachments/1685/1685729-9f1a4e476c04e1dd091e51c34404b838.jpg

    The best part about this is the 8 km eastern extension of Cathedrals Belt further east putting it just 2 km away from ARLs tenement. Then you add the interpreted greenstone right on the border of the ARL tenement.

    Further catalyst will be the following work SGQ are doing:
    1. initial 4 lines by 1km ground EM survey over Fish Hook commencing this week
    2. comprehensive soil sampling due to start in 2 weeks
    3. ground EM survey over the entire 8 km strike of the Fish Hook prospect

    Then when you add ARLs initial field investigations which are starting this month, followed by a ground EM survey bolds well for all holders. It will be interesting to see how much both companies are talking and if the same contractors are covering both SGQ and ARL tenements at the same time to save $$ on mobilisation costs.

    DYOR
 
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