ARL 2.27% 43.0¢ ardea resources limited

Ann: High-Grade Cobalt & Nickel Results Underpin DFS Advancement, page-3

  1. 3,326 Posts.
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    Fantastic result with more to be revealed shortly.

    Announcements are pending for drilling results at the Elsie Tynan and Elsie North orebodies as well as Pamela West orebody at Goongarrie South, and the Canegrass deposits further south in the Big Four area (see Appendix 1 for locations). Results are showing continuity of high-grade mineralisation as expected, and will be released upon completion of quality assurance programs, data processing, analysis, interpretation and modelling.

    This first phase of RC drilling at Goongarrie (3,700m of drilling in 96 drill holes) is now complete. Data collected from this program will bring specific areas of the future open pit mine down to a 40mE x 80mN drilling density.

    Provide sample for production of cobalt sulphate and nickel sulphate marketing samples. Production of high-quality cobalt sulphate and nickel sulphate is required for appraisal for potential off-takers and strategic partners. There has been strong interest from several parties to receive such samples as soon as possible.

    Bring on the DFS
    Last edited by RED328: 08/06/18
 
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