Ardiden Encounters Visible Gold in First Kasagiminnis Hole

THE DRILL SERGEANT: Ardiden Limited has encountered visible gold logged in mineralised drill core from the first drillhole completed at the company’s 100 per cent-owned Kasagiminnis deposit, part of the company’s Pickle Lake gold project in Ontario, Canada.

Ardiden recently commenced its drilling campaign at Kasagiminnins and KAS20-001 was the first hole of the program, intersecting of a wide mineralised zone from 166.5 metres, including the presence of visible gold.

The drill core is yet to be geotechnically logged, cut, and sent off site for analysis.

“This intersection of a wide mineralised zone early in our program, almost exactly where we predicted it should be, confirms our modelling and drill strategy,” Ardiden exploration manager Dan Grabiec said in the company’s announcement to the Australian Securities Exchange.

“It is the first time that coarse, visible gold has been noted at Kasagiminnis.

“We have a highly experienced drill and support crew here and we are all really excited about this first hit and the potential for mineralisation to improve at depth, as seen elsewhere in other gold mines and deposits in the region.”