Let's not forget that these results are proximate to Ardea's KNP tenements. If the latter's Ni/Co laterite deposit ever gets developed (INCO/Vale spent ~US$ 50m on it last cycle before abandoning it when Ni prices fell 80%), this could be an attractive satellite deposit for it (same base metals/ore type); so capex considerations could be different than what they would be for a standalone asset. These are solid intercepts.
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- Ann: Cobalt Potential Confirmed by Drilling at Golden Ridge
Ann: Cobalt Potential Confirmed by Drilling at Golden Ridge, page-21
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