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Ardiden Ltd.
Summary
| Project: | Seymour Lake | |
|---|---|---|
| Deposit: | Central Aubry | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 4/27/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-4-2018: Ardiden Ltd. announces an Exploration/Drilling Update report for its Central Aubry deposit at the Seymour Lake project. Drilling results incl. 40.7m @ 1.08% Li2O from 70.10m. Ardiden Limited (ASX: ADV) is pleased to advise that recent diamond d | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Robert Chataway (Independednt) | |
| ABSTRACT: | Ardiden Limited (ASX: ADV) is pleased to advise that recent diamond drilling has confirmed multiple high-grade zones of lithium mineralisation at the South Aubry prospect, part of its 100%-owned Seymour Lake Lithium Project in Ontario, Canada. The latest assay results include impressive high-grade intercepts grading up to 3.29% lithium oxide (Li2O) (SA-18- 07), and numerous other strong assays, continuing to support the expansion potential of the Seymour Lake project. Ardiden has received the assay results for the first seven diamond drill holes in the exploration expansion drilling program. Assay results from diamond drill holes SA-18-01, SA-18-02, SA-18-07 and SA-18-08 have been reported (refer Tables 1 and 2). The mineralisation remains open to the North, East and down-dip from both the Central and South Aubry prospects, and further drilling will allow the company to determine the size, grade and continuity of lithium mineralisation identified within these pegmatite units. Further, exploration will be undertaken during the next phase of the exploration expansion drilling program which will continue to focus on the Aubry and Pye pegmatite swarms. Results from this phase of the expansion drilling program will assist Ardiden to better understand how the Aubry pegmatite structures relate to each other, which will then lead to an advanced understanding of the overall pegmatite swarm and the expansion potential of the project. The 2018 expansion drilling program was designed to test the continuity of the pegmatites exposed at surface at the Central and South Aubry prospects and to obtain a better understanding of their potential relationship to the surrounding pegmatite structures | |
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