Ann: ARDIDEN 2015 AGM SHAREHOLDER ADDRESS, page-7

"Results from the drill program and further assay and metallurgical test work will be used to assess and prioritise key targets for further drilling in early 2016, with the aim of defining a maiden JORC compliant resource on the most prospective part or parts of the project."

The key objectives of the drill program include confirming the continuation of graphite at depth based on EM work undertaken to date, undertaking assaying/beneficiation analysis and obtaining samples for analysis by potential users and customers of the product.

The program is expected to be completed by early December (although subject to extensions as required). Core is being sent to the Actlabs laboratory in Thunder Bay, Ontario for assaying and beneficiation test work. Assays are pending. Further updates will be provided as they come to hand.

Previous Ann


In summary, they have covered off the series of events that have gotten Ardiden to this point in time.
This is followed with the following key points:

Looking to the future, Ardiden plans to maintain its current high level of activity throughout FY2016, with a focus on:
 Completing the current drilling program underway at the Manitouwadge Jumbo Flake Graphite Project;
 Completing additional beneficiation and test work on core samples; and
 Assessing further complimentary business development opportunities as they arise.

This is where they continue on from this point in time...