Ardea Resources Limited (ARL) commenced trading on the Australian Securities Exchange on 9 February 2017. Plans are advanced for drilling at flagship projects the KNP Cobalt Zone, WA, and Lewis Ponds, NSW. Drilling at each of these projects is due to commence shortly. KNP is one of the world’s largest cobalt resources, and certainly the largest in the developed world. The global resource for the KNP is 805.3Mt at 0.048% cobalt and 0.70% nickel which equates to over 386,000t of contained cobalt metal.
