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Ardiden Preparing to Drill Western Hub Tier-1 Targets

THE DRILL SERGEANT: Ardiden (ASX: ADV) reported on recent and upcoming activities for the company’s Pickle Lake gold project in Canada.

For the benefit of those who came in late, the Pickle Lake gold project is a continuous District-Scale land tenure package of 870 square kilometres situated east of Red Lake in northwest Ontario.

The connected tenure is majority 100 per cent owned by Ardiden and currently contains 22 identified gold deposits and prospects that the company is systematically exploring.

The Pickle Lake project has been subdivided into three geographical ‘hubs’: the Southern, Eastern, and Western Hubs, the last of which encompasses 50km of under-explored prospective strike length that includes the Esker gold prospect.

An airborne VLF-EM detail Geophysical Survey and structural interpretation has identified additional Tier-1 Scale Gold Targets along the 50km strike at the Western Hub.

Ardiden is currently planning fieldwork at the Esker Gold Prospect as soon as First Nation Agreements are in place.

“The Western Hub evaluation has started to come together and is presenting strong similarities to other recent gold discoveries located along the same greenstone belt in the Red Lake area,” Ardiden MD and CEO Rob Longley said in the company’s ASX announcement.

“Implementation of an initial drill programme at the Esker gold prospect will be our key focus.

“Esker will be Ardiden’s first step onto the Western Hub.

“This highly prospective structure exhibits similarities to the geological setting at Great Bear Resources’ Dixie/LP Fault, which is located to our west at Red Lake.

“Drilling at Esker requires MoUs with First Nation stakeholders.

“The company is well advanced in its negotiations and can point to a responsible reputation in the area as Ardiden has delivered on all its commitments with the neighbouring Mishkeegogamang FN group at our fully permitted Kasagiminnis and South Limb gold prospects.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@ardiden.com.au

 

Web: www.ardiden.com.au

 

 

Ardiden Reports on Pickle Lake Progress

THE DRILL SERGEANT: Ardiden Limited (ASX: ADV) brought the market up to speed on progress of Winter exploration activities at the company’s Pickle Lake gold project in north-west Ontario, Canada.

Ardiden is currently drilling four holes into the Winter programme at South Limb, which is situated immediately along strike of the Dona Lake Gold mine of Newmont.

Preparation is also underway for drilling over the frozen lake section of the Kasagiminnis gold deposit, 17km south-west of South Limb.

“Ground exploration activities at Pickle Lake are running smoothly and some exciting sulphides have been intersected in our South Limb drilling next to the Dona Lake Mine,” Ardiden managing director and CEO Rob Longley said in the company’s ASX announcement.

“We are on schedule to complete the initial drilling at South Limb and then move across to drill at Kas.

“It is great to see processed imagery from the drone mag survey over the frozen lake at Kas, help map out the highly prospective Iron Formation.

“Our site geologists are unravelling the structural and lithological controls on gold mineralisation at South Limb and Kas, as we collect more oriented data from these previously untested areas.”

Elsewhere in Ontario, Ardiden holds 100 per cent-ownership of three high-grade, hard-rock (spodumene) lithium projects.

The company has drilled over 25,000m on its lithium projects where it continues to hold exploration credits.

Ardiden is now undertaking a review of its Lithium assets at a time of rapidly growing lithium demand in the context of increasing focus on electric vehicles, energy storage and renewable energy generation.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@ardiden.com.au

 

Web: www.ardiden.com.au

 

Ardiden Commences Canadian Winter Drilling Program

THE DRILL SERAGENT: Ardiden Limited (ASX: ADV) reported the commencement of its Winter drilling campaign at the company’s Pickle Lake gold project in northwest Ontario, Canada.

The Pickle Lake gold project is a continuous land tenure of 870 square kilometres that contains at least 22 identified gold deposits and prospects that the company will be systematically exploring.

The current program involves an initial 7-hole program designed at the South Limb prospect to test extensions of the same iron formation that hosts mineralisation at the Dona Lake gold mine.

Mined between 1987 and 1993, the underground Dona Lake gold mine produced more than 246,500 ounces of gold at 6.5g/t to depths of 450m below surface.

However, the surface footprint of the main lode was only 100m of strike length.

The strong concentration of Iron Formation on Ardiden’s ground, adjacent to the Dona Lake Mine, is largely untested, which the company has marked as a high-priority target for initial drill testing.

“Our Ontario-based geology team and Major Drilling have been working diligently to move the program forward while rigorously complying with the Ontario Government’s COVID-19 procedures and guidelines to ensure the safety of our team, contractors, and stakeholders,” Ardiden managing director and CEO Rob Longley explained in the company’s ASX announcement.

“South Limb, which sits alongside the Dona Creek gold mine, is the second gold prospect to be drilled at our Pickle Lake gold project.

“There are another 20 identified gold prospects, which have yet to be touched.

“We have budgeted and planned at least 5,000 metres of Winter drilling which will be split between our fully permitted South Limb prospect and Kasagiminnis gold deposit.

“The program will be adapted to the geology intersected and to optimise local logistics.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@ardiden.com.au

 

Web: www.ardiden.com.au

 

Rob Longley Ardiden Limited (ASX: ADV) December 2020

 

Ardiden Limited (ASX: ADV) has an exhaustive drilling program underway at the company’s Pickle Lake gold project in the province of Ontario in Canada. Recent results from the Kasagiminnis prospect have encouraged the company to expand its drilling horizons across the project in 2021. CEO & Managing Director Rob Longley ZOOMed into The Resources Roadhouse to advise of the progress being made.

Ardiden Goes Out on South Limb at Pickle Lake

THE DRILL SERGEANT: Ardiden Limited (ASX: ADV) is preparing for a string of work to be undertaken at the company’s 100 per cent-owned South Limb gold prospect at Pickle Lake, north-west Ontario in Canada.

Ardiden has just completed a drone-mounted geophysical magnetometer survey that targeted two high-priority drill target areas at the under-explored brownfield South Limb gold prospect, to help refine Ardiden’s gold exploration drill targeting in these areas.

While the company continues to drill at its main focus at Pickle Lake, the Kasagiminnis gold deposit, upcoming drilling at South Limb fits in to part of its plans to progressively advance exploration across the entire Pickle Lake ‘Gold Pipeline’.

As such, Ardiden is preparing to mobilise a second drill rig to the South Limb gold prospect to test high-priority gold targets, aimed to commence before the Christmas shutdown.

South Limb is situated 17 kilometre north-east of Kasagiminnis and approximately 10km south of TSX-listed First Mining Gold’s Pickle Crow gold mine where ASX-listed Auteco is currently drilling as part of a 5-year earn-in arrangement.

South Limb also directly adjoins Newmont’s Dona Lake Gold Mine, where TSX-listed Metals Creek is also working through a 3-year earn-in arrangement.

The Dona Lake underground Gold Mine produced 246,500 ounces of gold at 6.6 grams per tonne gold until its closure in 1993 due to the gold price not being quite a strong as it currently is.

Ardiden’s Resource definition drilling continues at the 100 per cent-owned Kasagiminnis deposit, from which the company anticipates being able to update the market at the end of November or early December as results are progressively received, checked, and interpreted.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@ardiden.com.au

 

Web: www.ardiden.com.au

 

Ardiden Eyes Gold Mineralisation at Depth at Kasagiminnis

THE DRILL SERGEANT: Ardiden (ASX: ADV) claimed confirmation of high-grade gold following results at the company’s 100 per cent-owned Kasagiminnis deposit, part of its Pickle Lake gold project in northwest Ontario, Canada.

Ardiden received lab assays for the first four holes of the program with another six holes so far completed and awaiting results later Q4 2020.

The company indicated it has drilling continuing, hopefully as longs as possible into November, but as the temperature drops, safety aspects will be carefully managed for this campaign.

Results demonstrated gold grade strengthening at depth, including:

KAS20-02
6 metres at 4.23 grams per tonne gold.

Other high-grade gold intercepts include:

KAS20-03
6.5m at 4.28g/t gold.

The company explained that drilling carried out to date has so far only tested a small portion of the first 250m below surface to provide better understanding of controls on mineralisation before targeting deeper drilling.

Ardiden’s ‘Summer Drill Program’ is continuing where mineralisation is open along strike to the west at Kasagiminnis that had not been previously tested.

The company’s ‘Winter Drill Program’, scheduled for Q1 2021, will explore the much larger untested strike length to the east at Kasagiminnis under the frozen shallow lake with drill rigs setup on the ice.

“Ardiden is hunting deep, high-grade gold deposits across its massive landholding, analogous to other well-known gold deposits in Ontario, such as Red Lake, Dixie, Musselwhite and Hemlo,” Ardiden managing director and CEO Rob Longley said in the company’s announcement to the Australian Securities Exchange.

“A steady and systematic Exploration approach is prudent in this terrain, applying good science and data capture at each stage.

“‘Kas’ is our first cab off the rank, but with another 18 prospects already in Ardiden’s Gold Pipeline, we are aiming to create value for investors by increasing our likelihood of making Tier 1 gold deposit discoveries”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@ardiden.com.au

 

Web: www.ardiden.com.au

 

 

Ardiden Eyeballs New Gold Deposit Targets at New Patricia

THE DRILL SERGEANT: Ardiden Limited (ASX: ADV) reported on completion of a recent Airborne Geophysical Survey carried out at the company’s Pickle Lake Gold Project in northwest Ontario.

Ardiden has conducted a preliminary review of raw data from the survey over the Patricia gold prospect that has shown multiple Tier-1 large-scale structural targets analogous to high-grade gold mine settings in the area.

Another structure revealed in detail by the survey is at the Esker gold prospect, located just 3km east along strike of the Golden Patricia underground mine workings.

This displayed a massive 8km-wide ‘Fold-Nose’ target at Esker, which Ardiden declared to be analogous in size and structure to Newmont’s 5 million ounces operating Musselwhite gold mine.

The company provided context of scale, saying the ‘Fold-Nose’ structure revealed at the Esker prospect is larger in dimension than the Super Pit in Kalgoorlie, Western Australia.

“The New Patricia Gold Property is a potential company-maker in its own right,” Ardiden exploration manager Dan Grabiec said in the company’s announcement to the Australian Securities Exchange.

“Numerous and exciting kilometre-scale geological features have now been delineated for the first time with this modern-day, high-tech Geophysical Survey.

“The New Patricia brownfields gold property is vastly unexplored with good winter access.

“We are seeing incredible structural detail over a regional scale thanks to Ardiden’s aggregation of adjoining gold properties.

“I’m genuinely excited for the time when we commence drilling and see what monsters are potentially hiding below the surface.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@ardiden.com.au

 

Web: www.ardiden.com.au

 

Ardiden Prepares to Drill at South Limb

THE DRILL SERGEANT: Ardiden Limited (ASX: ADV) has completed permitting requirements to enable exploration activities to advance the 100 per cent-owned South Limb gold prospect, within the company’s Pickle Lake gold project in Canada.

South Limb is one of 19 gold deposits and prospects Ardiden has identified to date at Pickle Lake with historical drill results from South Limb highlighting a number of areas with high-grade mineralisation and sulphides.

Ardiden is currently drilling at its advanced Kasagiminnis gold deposit, situated 20km south west of South Limb.

The company is systematically lining-up its 18 other gold prospects and deposits to ensure a steady pipeline of gold targets across its 664 square kilometres Pickle Lake project.

Ardiden plans to undertake an initial exploratory drill program at South Limb before the end of the calendar year.

Ardiden gained access to South Limb via an arrangement with the Mishkeegogamang First Nation.

The South Limb MoU is the company’s second such agreement in the Pickle Lake project area.

“This is further progression of our relationship with the Mishkeegogamang First Nation group based at New Osnaburgh,” Ardiden managing director and CEO Rob Longley said in the company’s announcement to the Australian Securities Exchange.

“I would like to thank the Mishkeegogamang leaders sincerely for placing further trust in our ability and desire to consider all stakeholder and traditional needs in this area.

“With drilling currently underway at Kasagiminnis, we hope to be drilling in a similarly responsible manner at the South Limb prospect in the very near future, and engaging Mishkeegogamang in employment and training opportunities.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@ardiden.com.au

 

Web: www.ardiden.com.au

 

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.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@ardiden.com.au

 

Web: www.ardiden.com.au

Ardiden Has Kasagiminnis Exploration Permit Renewed

THE DRILL SERGEANT: Ardiden (ASX: ADV) lifted a self-imposed trading halt by announcing it has been issued an Exploration Permit renewal in relation to the 100 per cent-owned Kasagiminnis deposit at the company’s Pickle Lake gold project, Ontario, Canada.

Ardiden was issued the permit having met the required consultation with all neighbouring First Nation groups as stipulated under (COVID-19) modified Mines Department (MENDM) Permit conditions.

The global COVID-19 situation had presented a short delay to the company’s anticipated Summer drill program at the Kasagiminnis gold deposit, however, Ardiden now anticipates having a drill rig in place at Kasagiminnis within two weeks, which will provide sufficient time to complete its planned (Canadian) Summer drilling program.

“The Pickle Lake region has at least two other companies actively drilling gold prospects in the area, and this has placed unprecedented pressures on the small local FN communities and heightened concerns due to the COVID situation in Ontario,” Ardiden exploration manager Dan Grabiec said in the company’s announcement to the Australian Securities Exchange.

“Now that we have all the necessary permits, we are very much looking forward and moving quickly to commence our summer drilling campaign at our flagship Kasagiminnis gold deposit and thanks to our recent capital raising, preparing for a larger Winter program.”

Ardiden will also continue exploration activity across all of its other gold deposits and prospects at the Pickle Lake gold project.

 

TO READ THE ANNOUNCEMENT IN FULL: CLICK HERE

 

Email: info@ardiden.com.au

 

Web: www.ardiden.com.au