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Ardiden Ltd.

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Summary

Project:

Pickle Lake

Deposit:Kasagiminnis
Location:Canada
Commodities:Gold
Date:8/31/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:31-8-2018: Ardiden Ltd. announces an Exploration/Drilling Update report for its Kasagiminnis deposit at the Pickle Lake project. Drilling Results incl. 26.20m @ 3.19g/t Au from 89.3m. Minerals explorer Ardiden Limited (ASX: ADV) is pleased to announce ass
Resources:x
CP/QP:[Overall Report]: Robert Chataway (Independent)
ABSTRACT:Minerals explorer Ardiden Limited (ASX: ADV) is pleased to announce assay results from the remaining 11 drill holes of its recent due-diligence drilling program at the Kasagiminnis Gold Property located within the Pickle Lake Gold Properties (“Pickle Lake”) in the established mining jurisdiction of Ontario, Canada. The drilling program undertaken by Ardiden sought to verify historic drilling and sample results, to enable to Company to have better visibility of the Project’s gold mineralisation and to confirm the potential of Pickle Lake. Commenting on the latest round of assay results from Pickle Lake, Ardiden Managing Director Brad Boyle stated “The latest results obtained from the Kasagiminnis Lake Property continue to highlight Pickle Lake as a very encouraging exploration prospect. There appears to be a consistency of gold mineralisation within the gold zone, and the results reinforce the potential of the Kasagiminnis Gold Zone, to host a significant gold resource, with mineralisation open in all directions. “Pickle Lake was acquired by Ardiden as it offered a low-risk, low-cost exploration opportunity, which diversifies the Company’s current project portfolio. The Company will continue to develop Pickle Lake and work off the extremely positive results received thus far. However, the Company’s primary focus remains on Seymour Lake and advancing our flagship project across all areas.

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