ARL 1.09% 45.5¢ ardea resources limited

Ardea: Nickel Sulphide Ex.

  1. 17 Posts.
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    Current Exploration by Ardea:
    • Ground EM underway in Ardea Perrinvale tenement (ARL release: 3 Sep 2019)
    • Drilling at Emu Lake on an untested down hole EM anomaly at the Kalpini tenement (ARL release: 3 Sep 2019)
    https://hotcopper.com.au/data/attachments/1722/1722708-fde978a96cff57c551ec52af6f941ab5.jpg
    Emu lake looks like a good greenfield's opportunity with historic exploration including 2 m at 6.2% Ni, 1.78% Cu and 2.17g/t PGEs from hole ELD015 (HRR release 23 Nov 2013).

    Could be an interesting few weeks, looking forward to see what the EM surveys produce. The fig below from todays SGQ shows how strong a response they have been getting from the EM late times, in this case from a down hole survey at a target 50 m away.

    https://hotcopper.com.au/data/attachments/1722/1722764-9d3bc88da231311b08dcb838b557a545.jpg


 
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