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Ardea Resources Says Finalization of Definitive Feasibility Study to Extend Beyond June

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Ardea Resources (ASX:ARL) said completion of the definitive feasibility study final report for the Kalgoorlie project-Goongarrie Hub in Western Australia is expected to extend beyond June 30, according to a Wednesday filing with the Australian bourse.

Value engineering opportunities identified during the quarter may need further input for the study before finalization, the filing said.

The company initiated a scoping study to assess the potential recovery of scandium and other critical minerals, which is anticipated to be completed in September, per the filing.

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