Announcement Date: 2022-09-26
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Ardiden Ltd.
Project name: Pickle Lake
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 26.51m at 2.1g/t Au from 77.8m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Ardiden Limited (ASX: ADV) (“Ardiden” or “the Company”) is pleased to announce 16 additional exploration drilling results that further illustrate the belt scale potential across the Western Hub of its Pickle Lake Gold Project (Figure 1-Table 1). Ardiden’s district-scale 1,088km2 gold landholding is located east of Red Lake in the well-endowed Uchi Geological sub-province of north-western Ontario, Canada. Recent intersections at the Dobie Prospect highlight a broad mineralisation envelope within the secondary structure that is evident within DB22-01 displaying 26.51m @ 2.1 g/t Au from 77.8m downhole, with a thick zone of 8.5m @ 4.05 g/t Au (Figure 2). Results from DB22-02 reported 0.5m @ 1.17 g/t Au, and 0.5m @ 0.79 g/t Au from 137.5m downhole. DB22-02A (66m) reported no significant assays above the cut-off grade of 0.5 g/t Au. These holes highlight the structural complexity and nature of gold mineralisation at the Pickle Lake Gold Project with high grade mineralisation evident in the two drill holes reported. Both holes represented mineralisation that is within a dilation zone, and potentially
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