Ardea confirms high-grade WA battery metal hits

Ardea Resources has confirmed some solid nickel-cobalt intercepts with bonus previously undocumented scandium and rare earths after re-testing historic drill pulps at its Kalpini Nickel project in WA.  Noteworthy assay results included a 12 metre section grading 1.7 per cent nickel, 0.151 per cent cobalt and 28 grams per tonne scandium with 0.244 per cent total rare earth oxides and 1.32 per cent total rare metal oxides.

Other significant intercepts from the program include a 4m hit going 1.66 per cent nickel, 0.102 per cent cobalt and 40 g/t scandium from 29m downhole with 0.1297 per cent total rare earths and 0.7193 per cent total rare metal oxides.  Elements included in the calculation of total rare earths included neodymium, praseodymium, lanthanum and cerium with total rare metals composed of titanium, yttrium, zircon, niobium, hafnium, tantalum and tungsten.

Ardea hopes the rare earths and rare metals mineralisation will provide potential by-product credits in addition to the cobalt and scandium mineralisation whilst processing its nickel deposits. Bench-scale metallurgical test work is currently being conducted to test the viability of the scheme.

Although the rare earths mineralisation encountered to date is about a tenth of the grade required to run a standalone rare earths operation it is still a valuable discovery as its essentially a necessary by-product of the exisiting nickel refinement process.

CREDIT- Bulls N Bears

Torian Resources hits fresh Mt Stirling gold

Precious metals and rare earths explorer Torian Resources has continued its purple patch of form by tabling further high-grade gold results from recent resource and extensional drilling at its flagship Mt Stirling/Viserion project approximately 40km northwest of Leonora in WA.   The string of recent high-grade gold hits form part of a 17,500m drilling onslaught and add to a long list of solid results the company expects will give its current global mineral resource estimate a healthy boost.   Torian is looking to deliver a revised figure in the first quarter of this year.

Interestingly, the upcoming resource estimate will include a sequence of results that were not included in the previous announcement from May 2021. The new series of high-grade results will be included together with the plethora of results produced during the recent drilling bombardment at Mt Stirling.  The company has been providing a solid slew of news flow in recent months with four rigs on the go across the Mt Stirling, Viserion and Skywing gold targets along with auger vacuum drilling that is extending the footprint of the exciting Yttria rare earths discovery.

The project has an enviable address with several significant gold deposits sitting nearby to Mt Stirling, the most notable being Red 5 Limited’s King of the Hills mine, where a whopping 4.1-million-ounce gold resource has been defined.