Ann: Highway Nickel Deposit - Mineral Resource Estimate, page-3

MORE: Nickel, Cobalt, Neutraliser, Scandium = EXCELLENT RESULTS & MORE TO COME!

Managing Director, Andrew Penkethman, said: “The Highway resource upgrade is an outstanding result, which when combined with the February 2021 Goongarrie resource update, has defined 67.5Mt of Measured and Indicated mineral resource at 1.0% Ni and 0.07% Co (681kt nickel and 49kt cobalt) which are available for conversion to reserve as part of Ardea’s KNP, Goongarrie Hub feasibility study. Ardea management have prescribed metallurgical circuit reliability as an essential design element; with the availability of this added resource an important step along that journey. More significantly, reflecting the detailed mineralogical material type work in the current study, we now have a well-defined source of mineralised neutraliser. This has a significant potential value upgrade for the KNP financial model, as it is expected to introduce additional nickel units to the project production profile. Based on the 2021 MRE, we have selected diamond drill core hole sites in proposed future Highway and Goongarrie pit locations to acquire drill core for our H2 2021 bench-scale metallurgical programs. A core drilling contract was let for midJuly 2021. The total KNP MRE is now 830Mt at 0.71% Ni and 0.046% Co (5.9Mt nickel, 380kt cobalt).

This is a world-significant asset located in an infrastructure rich location, within the best operating jurisdiction in the world.”

Shareholders will welcome all these extras .... now we just need a Partner!!!! (& reckon it's coming!)

GLTAH's