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Ardiden Ltd.
Summary
| Project: | Manitouwadge | |
|---|---|---|
| Deposit: | Silver Star North | |
| Location: | Canada | |
| Commodities: | Graphite | |
| Date: | 3/24/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-3-2017: Ardiden Ltd. announces an Exploration/Drilling Update report for its Silver Star North deposit at the Manitouwadge project. Drilling results incl. 77m @ 2.2% TGC from 34.0m. Diversified minerals explorer and developer, Ardiden Limited (ASX: ADV | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Nielsen (Not stated) | |
| ABSTRACT: | Diversified minerals explorer and developer, Ardiden Limited (ASX: ADV) is pleased to advise that it has received initial assay results from the first 14 drill holes from the completed diamond drilling program at the Silver Star North prospect, part of its 100%-owned Manitouwadge Graphite Project in Ontario, Canada. The results included several thick zones of strong graphite mineralisation, as well as several narrower higher grade zones within the overall mineralised envelope which featured an outstanding intercept grading 24.5% TGC (in drillhole MW-16-12). The results, from drill holes MW-16-01 – MW-16-06, MW-16-10 - MW-16-12, and MW-16-14, demonstrate the presence of consistent graphite mineralisation throughout the Silver Star North prospect, with average graphite grades from the various mineralised zones ranging from 1.4% to 3.9% TGC. Assays are awaited for the remaining 16 holes and will be reported as they come to hand. The Company will undertake a full assessment of the results once all the assays have been received, including on the potential to establish a maiden Mineral Resource estimate. | |
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