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Ardea Resources Ltd.
Summary
| Project: | KNP | |
|---|---|---|
| Deposit: | Black Range | |
| Location: | Australia | |
| Commodities: | Cobalt-Nickel-Scandium-PGM | |
| Date: | 10/31/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 31-10-2017: Ardea Resources Ltd. announces a Resource Estimation report for its Black Range deposit at the KNP project. Black Range cobalt, nickel, scandium and platinum/palladium resources. It is the Company’s philosophy that each and every deposit withi | |
| Resources: | (refer to full report) | |
| CP/QP: | [Resources]: Stephen Hyland (HGMC Consultants) | |
| ABSTRACT: | It is the Company’s philosophy that each and every deposit within the KNP Cobalt Zone must be economic for cobalt and nickel in its own right. However, some of the constituent deposits are known to contain significant accessory metals like manganese (Mn), scandium (Sc), platinum (Pt), palladium (Pd) and chromium (Cr), both within and above the defined cobalt (Co) and nickel (Ni) mineralisation. In such cases, these metals will be mined in any case to access the cobalt and nickel, so can either be stockpiled or, if appropriate, processed. Additionally, any associated metals that enter the cobaltnickel hydrometallurgical circuit are recoverable. With this in mind, Ardea is assessing these accessory metals for monetisation through the production of potentially valuable byproducts. It must be noted that these by-products will only add value to already economic deposits – no deposit will require the mining and processing of these accessory metals in order to be economically viable. | |
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