Budding nickel and gold explorer Ardea Resources has made the call to focus on its Kalgoorlie Nickel Project in WA, farming out two projects in the North-Eastern Goldfields to Red 5, in a move expected to deliver twin benefits to both companies.
The strategy for Ardea, to concentrate its exploration efforts around Kalgoorlie, seems to be already paying dividends having lit up a swag of gold and nickel targets for ongoing testing. However, the localised strategy has also meant some of the company’s peripheral project positions have been left out in the cold. Gold miner, Red 5, looks set to step into the breach farming in to Ardea’s Mt Zephyr and Darlot East projects, which are located north of the gold mining town of Leonora.
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