Ardea Resources (OTCMKTS:ARRRF) is an Australian-based mineral exploration and development company focused on advancing large-scale critical metal projects. The company’s flagship asset is the Kalgoorlie Nickel Project (KNP) in Western Australia, one of the largest undeveloped nickel–cobalt–platinum group element (PGE) deposits in the world. In addition to nickel and cobalt, Ardea Resources holds tenure covering significant gold and critical mineral opportunities, including vanadium, chromium, and rare earth elements, positioning itself to support battery and renewable energy supply chains.
Ardea’s primary activities include resource drilling, metallurgical test work and feasibility studies aimed at optimizing extraction and processing methods. The company applies advanced geotechnical and hydrometallurgical techniques to de-risk its projects and enhance the economics of extraction. Exploration programs leverage a combination of airborne geophysics, geochemical analysis and 3D geological modelling to identify new deposit extensions and satellite orebodies.
Headquartered in Perth, Western Australia, Ardea Resources operates primarily in the Eastern Goldfields region, with a focus on leveraging local infrastructure, skilled workforce and supportive regulatory frameworks. The company maintains partnerships with engineering and mining services firms to advance its scoping and pre-feasibility studies. By aligning its development strategy with global demand for critical metals, Ardea aims to establish a long-life, low-carbon production hub.
Since its inception in 2008, Ardea Resources has evolved through strategic acquisitions and project consolidations to build a pipeline of high-quality assets. Under the leadership of Managing Director and Chief Executive Officer Andrew Penkethman, the company emphasizes sustainable development, stakeholder engagement and environmental stewardship. Ardea’s board and management team bring extensive experience in mining, finance and project delivery, guiding the company toward its goal of becoming a prominent supplier of critical minerals in the battery metals sector.
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