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.
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