HIGHLIGHTS: • 30-hole diamond drilling program at Manitouwadge...

HIGHLIGHTS:
• 30-hole diamond drilling program at Manitouwadge Graphite Project now complete.
• Further visible large flake graphite identified in numerous graphite domains.
• Graphite mineralisation remains open along strike to the west, north and at depth. Drill core samples submitted to Actlabs in Thunder Bay.
• Drill core assay results expected shortly.
• Maiden due diligence drilling program at Wisa Lake Lithium Project to commence shortly.
• Phase 2 drilling program at Seymour Lake Lithium Project to commence in March 2017.
Diversified minerals explorer and developer, Ardiden Limited (ASX: ADV) is pleased to provide an update on recently completed and upcoming diamond drilling programs across its portfolio of graphite and lithium projects in Ontario, Canada. Drilling has recently been completed at the 100%-owned Manitouwadge Graphite Project, with first assay results imminent, and preparations are well advanced for a maiden due diligence program at the recently optioned Wisa Lake Lithium Project and a Phase 2 drilling program at the Seymour Lake Lithium Project. Manitouwadge Graphite Project Drilling has now finished at the Manitouwadge Graphite Project and the drill rig has been de-mobilised from site, while the Company’s geological team finalises the preparation of drill core samples for assay. Visual results from the last 19 drill holes in the 30-hole diamond drilling program indicate that the holes continued to intersect multiple layers of large flake graphitic mineralisation over various widths. Visual logging and inspections of the diamond drill core by Ardiden’s geological team have identified multiple layers of thick graphitic mineralisation in zones up to 65.4m in true width, as seen in diamond drill hole MW-16-28 (Table 1). Whilst, diamond drill hole MW-16-12 also intersected thick layers of mineralisation with a total down-hole width of approximately of 59m of graphite mineralisation, which is an encouraging outcome. The mineralisation intersected in the current diamond drilling program has verified the interpreted extensions of the graphitic mineralisation zones, for a strike extension of over 700m,