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Ardea Resources Ltd.
Summary
| Project: | KNP | |
|---|---|---|
| Deposit: | Goongarie | |
| Location: | Australia | |
| Commodities: | Cobalt-Nickel-Scandium | |
| Date: | 6/4/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 4-6-2019: Ardea Resources Ltd. announces an Exploration/Drilling Update report for its Goongarie deposit at the KNP project. Drilling results incl. 6.0m @ 2.0g/t Au from 0m. Commenting on the gold opportunity at Goongarrie, Ardea CEO Andrew Penkethman sai | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ian Buchhorn (Internal) | |
| ABSTRACT: | Commenting on the gold opportunity at Goongarrie, Ardea CEO Andrew Penkethman said: “The stacking of the nickel-cobalt-scandium laterite mineralisation upon the gold being located in the crustal-scale Bardoc Tectonic Zone appears to be globally and geologically unique. The extent and strength of gold anomalism as a conceptual target is exceptional. Though much work remains to define the full gold potential, the possibility of multiple revenue streams from nickel, cobalt, scandium and gold at Goongarrie is tantalising. Forthcoming integrated drilling programs to define gold resources will complement and potentially add significant value to the economics of our flagship Goongarrie Nickel Cobalt Project. | |
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