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Ardea Resources Confirms High-Grade NiCoSc Mineralisation at Goongarrie South Deposit

Date/time : 2025-09-21 04:54 PM
Symbol :

ARL

Company : ARDEARES FPO [ARL]
Price : 0.55
Market cap : 108,400,000
O/S : 197,016,915
Exchange :

AU

Industry :

Industrial Metals

Full story

Ardea Resources discovered high-grade NiCoSc mineralisation at the Goongarrie South deposit through infill resource definition drilling. Assays show significant intercepts of >0.5% Ni over at least 2m, with premium goethite ore dominating the deposit. This discovery supports the development of a high-grade nickelcobalt resource with positive impacts on mining, processing, and project economics.