Ardea Resources has provided updates on the Goongarrie Nickel Cobalt Project (GNCP). The company has advanced the Strategic Partner, search and feasibility work streams which have demonstrated a strong interest from battery producers and end-user
An interest is motivated by wanting to secure long-term supplies of nickel and cobalt. Feasibility work streams include resource
“The Ardea team have undertaken extensive work as part of the Goongarrie Nickel Cobalt Project feasibility programs. It is pleasing to see the results being consolidated,” said Ardea Resources, CEO Andrew Penkethman.
As of the 31st March 2019, Ardea’s funds sit at nearly $11 million and Ardea Resources will utilise this by continuing to expand its quality project portfolio in both WA and NSW.