Monday, March 10, 2025
9.2 C
London
HomeFinTechArdea Resources: Confirms DHEM conductor at Emu Lake

Ardea Resources: Confirms DHEM conductor at Emu Lake

Date:

Zocks Secures $138M in Funding to Enhance AI-Driven Financial Advisory Services

Transforming Client Intelligence for Financial Advisors with Innovative AI...

American Express Acquires Expense Management Software Provider Center

Revolutionizing Expense Tracking for Businesses with Innovative TechnologyHighlights: American...
  • Ardea Resources (ARL) has uncovered a strong offhole conductor 20 metres north of a recently drilled hole at the Emu Lake prospect in Western Australia
  • In December, Ardea drilled a single hole to target a downhole electromagnetic (DHEM) anomaly and also intersected a stringer zone of nickel sulphides
  • The off-hole conductor is 100 metres long and 50 metres wide with estimated conductance of 8000 siemens
  • Ardea plans to drill a 450-metre deep diamond hole to test the modelled DHEM plate
  • Additionally, it began an induced polarisation survey at the Highway Project to map potential zones of disseminated nickel sulphides
  • Company shares are down 0.88 per cent and are trading at 56 cents

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories