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Ardiden Ltd.
Summary
| Project: | Seymour Lake | |
|---|---|---|
| Deposit: | North Aubry | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 11/28/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-11-2018: Ardiden Ltd. announces an Exploration/Drilling Update report for its North Aubry deposit at the Seymour Lake project. Drilling results incl. 15.06m @ 1.11% Li2O from 112.94m. Canadian-focused lithium explorer and developer, Ardiden Limited (“A | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Robert Chataway (Independent) | |
| ABSTRACT: | Canadian-focused lithium explorer and developer, Ardiden Limited (“ADV” or “the Company”) (ASX: ADV), is pleased to announce the next set of assay results from the Company’s ongoing Resource expansion and exploration drill program at North Aubry. The latest diamond drilling results have delivered further high-grade lithium intersections, reflecting the quality of the North Aubry mineralisation. The North Aubry prospect is located within the Company’s 100% owned flagship Seymour Lake Lithium Project in Ontario, Canada. Commenting on the results Ardiden CEO and Executive Director, Brad Boyle said: “The Resource expansion and exploration drill program has been extremely successful thus far, and with the latest set of drill holes identifying results of up to 4.26% Li2O (ASD017), confirms the consistent quality and grades of mineralisation throughout the pegmatite lodes. “The further we advance the drill program, the more confidence we gain in the high-quality nature of North Aubry. More importantly, the recent results exceed the originally predicted boundaries of the mineralised zones and these results underpin North Aubry as an integral part of the upgraded Seymour Lake Mineral Resource.” Drilling results to date continue to validate the original exploration model. A number of these drill results have exceeded expectations, confirming that the North Aubry pegmatite extends further down-dip than was previously known, as displayed by Figure 1. The latest set of assay results (ASD012 to ASD019) confirm the presence of lithium mineralisation throughout the North Aubry prospect (outlined in Figure 1) with the majority of drill holes completed to date intersecting multiple spodumene-bearing pegmatites at various depths. These results are highlighted by | |
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