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Ardiden Ltd.
Summary
| Project: | Seymour Lake | |
|---|---|---|
| Deposit: | North Aubry | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 11/1/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 1-11-2017: Ardiden Ltd. announces an Exploration/Drilling Update report for its North Aubry deposit at the Seymour Lake project. Drilling results incl. 25.26m @ 1.26% Li2O from 110.60m. Ardiden Limited (ASX: ADV) is pleased to advise that recent diamond d | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Karen Lloyd (Jorvik Resources Pty Ltd.) | |
| ABSTRACT: | Ardiden Limited (ASX: ADV) is pleased to advise that recent diamond drilling has confirmed high-grade extensions of the spodumene mineralisation down-plunge to the north of the recently announced Phase 1 Mineral Resource at the North Aubry Lithium Deposit, part of its 100%-owned Seymour Lake Lithium Project in Ontario, Canada. The latest assay results include an impressive high-grade intercept grading 4.38% lithium oxide (Li2O), as well as numerous strong assays which continue to support the potential future expansion of the North Aubry Lithium Deposit, confirming the presence of multiple pegmatite zones extending to the north-east. Ardiden confirms that latest assay results from diamond drill holes SL-17-59 to SL-17-69 (refer Tables 1 and 2) which were not including in the JORC Resource estimate of 1.23MT at 1.43% Li20 (announced on 4 October 2017), have continued to demonstrate extensions and solid continuity of the thick high-grade lithium mineralisation expanding northeast from the North Aubry Lithium deposit. | |
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