QUARTERLY OPERATIONS REPORT
28 April 2017
Ardea admitted to ASX on 9 February 2017
•
- To date best performed IPO of 2017, issue price $0.20, trading range $0.17-0.92, current market capitalization $45.5 million
- Free 1 for 3 Loyalty Options to be issued to all shareholders on the Record Date of 9 May 2017 – a Prospectus containing the offer of the Loyalty Options will be dispatched shortly after the Record Date
KNP Cobalt Zone Feasibility Study
- Resource estimation is currently underway for Goongarrie South and Big 4 using a 0.1% cobalt cut-off grade, very good continuity of high grade cobalt mineralisation, resource uplift expected
- Initial 56 hole 3,467 m RC drilling completed at Kalpini and Black Range, results pending
Lewis Ponds Feasibility Study
•
Broad mineralised “Polymetallic Stringer” zones in drilling:
o ALD0001 51.37 m at 2.45 % Zn equiv1 or 1.48 g/t Au equiv2 (1.28 % Zn, 0.18 g/t Au, 22.0 g/t Ag, 0.51 % Pb, and 0.11 % Cu) from 41.60 m
o ALD0001 20.91 m at 2.74 % Zn equiv or 1.63 g/t Au equiv (1.39 % Zn, 0.17 g/t Au, 32.7 g/t Ag, 0.56 % Pb, and 0.10 % Cu) from 110.76 m
o ALD0002 16.40 m at 8.53 % Zn equiv or 5.07 g/t Au equiv (4.73 % Zn, 0.86 g/t Au, 75.9 g/t Ag, 1.44 % Pb, and 0.19 % Cu) from 43.60 m
Such intercepts are typical of the major deposits of the region, indicating the potential for a bulk-tonnage mining operation.
- Forums
- ASX - By Stock
- Ann: March 2017 Quarterly Activities and Cashflow Report
QUARTERLY OPERATIONS REPORT 28 April 2017 Ardea admitted to ASX...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
|
|||||
Last
47.0¢ |
Change
0.020(4.44%) |
Mkt cap ! $93.85M |
Open | High | Low | Value | Volume |
46.0¢ | 47.0¢ | 45.0¢ | $33.49K | 72.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 606 | 45.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 606 | 0.450 |
1 | 47552 | 0.445 |
2 | 6409 | 0.440 |
2 | 21150 | 0.435 |
1 | 1500 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 15000 | 1 |
0.520 | 10575 | 2 |
0.545 | 78038 | 1 |
0.560 | 15000 | 1 |
0.595 | 6009 | 1 |
Last trade - 15.53pm 16/08/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |