Ardea Resources Claims Emu Lake Nickel Sulphide Discovery

THE DRILL SERGEANT: Ardea Resources (ASX: ARL) claimed confirmation of a massive nickel sulphide discovery at the company’s Kalpini project, northeast of Kalgoorlie in Western Australia.

Ardea Resources made the claim following receipt of assay results from drill core hole AELD0003 that included:

2.72 metres at 5.42 per cent nickel and 0.85 per cent copper from 391.04m, including 1.23m at 8.22 per cent nickel and 0.56 per cent copper from 391.04m.

Ardea explained the results from AELD0003 confirm a fertile nickel sulphide horizon, the Western Ultramafic with the hole showing increased massive nickel and copper sulphide grade and thickness on an intact, basal dacite contact.

“The focus of historic Emu Lake exploration has been the Binti Gossan prospect area, one kilometre north of Ardea’s Western Ultramafic channel discovery,” Ardea Resources managing director Andrew Penkethman said in the company’s ASX announcement.

“The Western Ultramafic is a separate and distict high-magnesium ultramafic flow that was not prioritised by past explorers, presumbaly due to an absence of surface gossans as seen at the Binti Gossan.

“With the recently received assay results from core hole AELD0003 confirming high-grade nickel sulphides located on an intact basal dacite contact with komatiite, we now have three adjoining drill holes with nickel sulphide mineralisation on the same contact which conclusively confirms that a discovery has been made.

“Importantly, the interpreted 3D geometry of the AELD0003 discovery suggests the mineralisation is open in all directions for further drill exploration.

“With Ardea holding 20 kilometres of fertile komatiite strike at Emu Lake, there is significant scope to extend this nickel sulphide discovery and make additional discoveries.

“I acknowledge the Ardea team and partners such as CSIRO and Newexco for their input which has assisted in developing the Emu Lake “Thermal Erosion” nickel sulphide model which is a major exploration breakthrough for the company, as it has opened up a new search space.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: ardea@ardearesources.com.au

 

Web: www.ardearesources.com.au