Articles On Ardea Resources (ASX:ARL)

Ardea Resources will kick off field exploration programs at its prospective Perrinvale nickel sulphide project near Leonora, WA, next month.

Pacifico Minerals (ASX: PBX) jumped 22 per cent this morning after a market update which confirmed its confidence in its Sorby Hills base metals project. Pacifico declared the campaign a success, and announced it recovered “significant amou...

The sampling work will provide data that will aid subsequent exploration efforts to define more substantive mineralisation below the initial operations.

Ardea Resources’ rock chip sampling has returned up to 20.5g/t gold at the Windanya prospect near Kalgoorlie.

Ardea IPO spin out; Planning to launch Godolphin IPO Ardea Resources Ltd (ASX: ARL) notified the market on 25 June 2019 that it plans to spin out its Lachlan Fold Belt gold (LFB) and base metal tenements in New South Wales, into a new compa...

Ardea Resources plans to spin out its gold and base metal tenements in New South Wales into a subsidiary named Godolphin Resources. The dedicated subsidiary will focus on the development of the Lewis Ponds gold-zinc and Mount Aubrey gold pr...

Ardea Resources will spin-out its precious metals and base metals projects in New South Wales into a new company, Godolphin Resources.

Spinning off assets is a common tactic for companies, particularly miners. It often increases the share price and allows the companies to streamline operations. This morning the latest spin-off was announced. Ardea Resources (ASX: ARL) will...