Home / Metal News / Ardea resources: gold production resources within the Goongarrie nickel-cobalt project provide cash flow for the nickel-cobalt project

Ardea resources: gold production resources within the Goongarrie nickel-cobalt project provide cash flow for the nickel-cobalt project

iconMay 15, 2020 16:21

SMM5, March 15:, Ardea Resources recently mined gold resources in four major projects near Menzies, which are located within the boundaries of its huge Goongarrie nickel and cobalt project.

The project's first gold resource is currently 15300 ounces, or 2.7g per tonne of pure gold.

Ardea began mining gold resources in a large number of land holdings in its eastern Goldfields, which aims to generate some cash flow to support the launch of its large-scale Goongarrie nickel-cobalt project.

The "Big four" project is located at the infrastructure site of the proposed Goongarrie nickel-cobalt project, adding unexpected but potentially profitable new areas to the project, the company said.

2020 China Nickel Chromium stainless Steel Industry Market and Application Development Forum

Scan QR codes, apply to attend the meeting or join the SMM Metal AC Group

Nickel
nickel ore
price
mining

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All