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Strong cobalt price boosts Ardea's Goongarrie tonnes

IMPROVED metal prices have seen Ardea Resources add 40 million tonnes of resources at its Goongarrie project as part of a prefeasibility study previously flagged for completion this quarter.

Michael Quinn
Strong cobalt prices have boosted Ardea Resources' Goongarrie resource base

Strong cobalt prices have boosted Ardea Resources' Goongarrie resource base

Resources have increased from 64.4 million tonnes grading 0.13% cobalt and 0.77% nickel to 108.3Mt at 0.1% cobalt and 0.79% nickel. The resources are "captured within conceptual PFS pit shells", with...

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