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Ardea unearths new nickel-copper target near Kalgoorlie
ASX-listed battery metal developer Ardea Resources has discovered a massive sulphide channel flow deposit at its Emu Lake project near Kalgoorlie in WA. Assay results from its third diamond drill hole hit high grade massive nickel sulphides driving the company’s share price up more than 50 per cent by the close of trade. Interestingly, drilling also cored through the basal channel contact into an underlying felsic footwall zone. An intercept of 2.72 metres of sulphides running at a stunning 5.42 per cent nickel and 0.85 per cent copper from 391.04m included 1.23m at an astonishing 8.22 per cent nickel and 0.56 per ... (full story)