Ardea Resources Limited provided an update on exploration activities within its Kalgoorlie Nickel Project (KNP), Perrinvale Project and Bedonia Project in the Eastern Goldfields of Western Australia. The Company tenement portfolio covers 4,200km2 and is one of the largest land holdings over nickel-hosting komatiite ultramafic stratigraphy in Australia. The significant land holding is also prospective for other economic mineralisation including Critical Minerals such as Lithium-Caesium-Tantalum (LCT) elements and Rare Earth Elements (REE).

These compelling magmatic nickel sulphide and Critical Mineral opportunities are being evaluated for their exploration potential. Of particular significance, exploration over the last 12 months has identified REE and LCT settings in association with nickel laterite occurrences. The ongoing KNP Goongarrie Hub feasibility work streams continue to be the Company priority.

The current focus being the plant site sterilisation drilling, open pit mine design, resource optimisation to define an updated Ore Reserve, detailed engineering design, plant layout, defining capital and operating costs and quantifying the development sequence for process water bore fields. However compelling Critical Mineral and nickel sulphide exploration opportunities will also continue to be evaluated.