ADV 0.00% 12.5¢ ardiden ltd

Ann: Exceptional Lithium Grades at Seymour Lake-ADV.AX, page-84

  1. 5,103 Posts.
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    Absolutely outstanding is what this is.

    All drill core samples from the recent diamond drilling program have now been analysed with outstanding grades of up to 5.4% lithium dioxide (Li2O) identified.  Numerous high-grade lithium zones identified close to surface.  Significant grades of Li2O returned in all 150 drill core samples with 30% returning results greater than 2.0% Li2O.  Dill hole SL-16-45 intersected an impressive 35.5 metre mineralised zone with a Weighted Average Grade of 1.8% Li2O  A total of 147.2m of Spodumene was identified from 281 drilled metres with a remarkable Weighted Average Grade of 1.46% Li2O. Significant intersections included:  13m at 2.3% Li2O from 20m down-hole (SL-16-42)  11.2m at 2.7% Li2O from 2.8m down-hole (SL-16-43)  14m at 1.8% Li2O from 1.5m down-hole and 12m at 2.6% Li2O from 18.5m down-hole (SL-16-45)  These assay results will assist Ardiden to finalise its due diligence assessment of the Seymour Lake Project.  Drill rig will now be mobilised to commence the maiden drilling program at the Root Lake lithium project in Ontario, Canada (under option). Ardiden Limited (ASX: ADV) is pleased to advise that it has received further outstanding assay results from the recently completed maiden drilling program at the Seymour Lake Lithium Project in Ontario, Canada (under option). These assay results relate to the four remaining diamond drill holes from the sixhole program which have once again confirmed the presence of significant highgrade lithium mineralisation at Seymour Lake, with assay results including several thick intercepts of spodumene-lithium mineralisation including individual zones grading up to an exceptional 5.4% Li2O. The results highlight the project’s great potential and will assist Ardiden to complete its due diligence assessment of the Seymour Lake Project.

    Go ADV we will catch peers very quickly with these grades. Awesome.
 
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