Ardea Resources Gets KNP Goongarrie Hub DFS Underway
THE DRILL SERGEANT: Ardea Resources (ASX: ARL) has kicked off the Definitive Feasibility Study (DFS) for the company’s Kalgoorlie Nickel Project (KNP) – Goongarrie Hub.
The DFS is starting with an infill drill program designed to upgrade the nickel-cobalt laterite resources to Measured Mineral Resource category for the first five year open pits.
The planned program comprises 888 Reverse Circulation (RC) drill holes for a total of 51,745 metres on a 40x40m spacing.
The RC drilling has commenced at the Big Four nickel-cobalt deposit with some 16,215m planned.
One RC rig is starting proceedings, with additional rigs planned to be brought on to site in September 2024.
“The full Goongarrie Hub infill RC drill program is expected to be completed by end of CY2024,” Ardea Resources explained it its ASX announcement.
“The results from the drilling will then be used to provide an updated Mineral Resource Estimate (Measured category) for the first five year open pits.
“This will increase confidence in the existing nickel laterite resources, particularly during the payback period.
“As part of the DFS, additional drill programs are also planned for geotechnical testwork and hydrogeological testing.
“Additional diamond core drilling to provide bench-scale metallurgy material and validate historic RC results will also be completed.
“Commencement of these programs are pending granting of approvals (programs of work) from DEMIRS and final drill design.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE