Ardea Resources Ltd: RIU Sydney Resources Round-Up Presentation - May 2019
Perth, Australia - Ardea Resources Ltd. (ASX:ARL) (OTCMKTS:ARRRF) provides the Company's latest presentation.Investment Summary
- Advanced Australian Nickel Cobalt project at Goongarrie
o Globally significant mineral resource in an infrastructure rich and stable jurisdiction
o Project Studies completed:
-- 1Mtpa and 1.5Mtpa case studies offer significant economic opportunity
-- Scoping Study completed on 2.25Mtpa case shows excellent upside
o DFS Programs underway
o Leveraged to increasing nickel and cobalt demand from the rapidly growing EV and Static Storage Battery (SSB) markets
- Ardea has an extensive (3,500km2), highly prospective landholding in WA with active work programs for gold and nickel sulphides
- Strategic portfolio of NSW gold and base metal assets with active work programs underway leading into IPO
To view the full presentation, please visit:
http://abnnewswire.net/lnk/6HV2NBU7
About Ardea Resources Ltd:
Ardea Resources Ltd. (ASX:ARL) (OTCMKTS:ARRRF) (FRA:A91) is an ASX-listed resources company, with 100%-controlled Australian-based projects, prioritising a three-pronged value creation strategy which is:
- development of the Goongarrie Nickel Cobalt Project, which is part of the Kalgoorlie Nickel Project, a globally significant series of nickel-cobalt-scandium deposits which host the largest cobalt resource in the developed world;
- advanced-stage exploration at WA gold and nickel sulphide targets; and
- the demerger of the NSW gold and base metal assets with planned in-specie share distribution.
Source:
Ardea Resources Ltd.
Contact:
Ardea Resources: Andrew Penkethman Chief Executive Officer, Ardea Resources Ltd. Tel: +61-8-6244-5136