Ardea Resources Ltd

Ardea Resources 100%-owned Kalgoorlie Nickel Project (KNP) is the largest Ni - Co resource in Australia and sits within the top 10 globally, making it of a scale that is rare and important in the Worlds journey to Net Zero. The KNP MRE contains a total of 854Mt @ 0.71% Ni and 0.045% Co for 6.1Mt nickel and 386kt cobalt contained metal (Mineral Resource Estimate, JORC Code (2012), see ASX announcement, 30 June 2023). The Goongarrie Hub within the KNP was the subject of the 2023 PFS which showed that the Goongarrie Hub will be a multi-decade operation with strong production and earnings (see ASX announcement, 5 July 2023). Scandium and other critical minerals will be assessed in future studies. The KNP Goongarrie Hub is located 70km north of Kalgoorlie, Western Australia - a world-class mining jurisdiction providing direct access to extensive existing infrastructure and a skilled work force. In April 2024, Ardea signed a binding Cooperation Agreement with a Consortium consisting o...