ADV 3.85% 12.5¢ ardiden ltd

HIGHLIGHTS: • Phase 2 resource drilling program at the majority...

  1. 213 Posts.
    HIGHLIGHTS:
    • Phase 2 resource drilling program at the majority owned Seymour Lake Lithium Project in Ontario,
    Canada continues to make steady progress with a further four diamond drill-holes now completed.
    • Multiple spodumene-bearing pegmatites intersected in latest holes, including thick mineralised zones
    with a combined down-hole width of up to 19.6m (SL-17-43).
    • Drilling continues to confirm the interpreted mineralised extensions and the presence of multiple
    pegmatite zones extending north-eastwards at the North Aubry prospect – with the mineralisation
    remaining open to the north, east, west and down-dip.
    • Drilling is providing a greater level of geological understanding and confidence, while also steadily
    increasing the overall scale of the project and allowing the Company to continue to work towards
    meeting the conditions of the recently executed Yantai Term Sheet.
    • To meet Yantai Term Sheet requirements, phase 2 results to underpin an initial maiden JORC 2012
    Mineral Resource, which the Company is aiming to deliver during September 2017.
 
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Last
12.5¢
Change
-0.005(3.85%)
Mkt cap ! $7.814M
Open High Low Value Volume
12.0¢ 12.5¢ 12.0¢ $1.323K 10.81K

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