Ann: Exploration Update - Pickle Lake Gold Project, page-4

NEW PATRICIA GOLD PROPERTY – DETAIL AEROMAGNETIC SURVEY TO BE FLOWN IN AUGUST
Ardiden has engaged geophysics specialist TerraQuest to conduct a detail High-Resolution Aeromagnetic survey
over the entire New Patricia Property at Pickle Lake, in August 2020.
The New Patricia Property represents an exciting brownfields gold discovery opportunity (Figure 1) directly along
strike of the Golden Patricia Gold Mine (Barrick) and Ardiden’s 100%-owned Dorothy-Dobie Gold Deposit.
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ASX Code: ADV
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 34 Colin St
West Perth WA 6005
Tel: +61 (0) 8 9322 7600
The gold mineralisation trend running through the New Patricia Property is a south-easterly extension of the same
structure that hosts the 99,600 oz Au @ 5.7g/t Au non-JORC Historical Estimate*1
at Ardiden’s Dorothy-Dobie
Deposit (ASX announcement 16 June 2020) and the 619,796 oz @ 15.2g/t Au that was mined*2
from the New Patricia
underground gold mine, before its closure in 1998.
The survey will include High-Resolution Aeromagnetic, Horizontal Gradiometer, Radiometrics and Matrix Digital VLFEM. The survey will commence in August 2020 and apply modern technology including advanced gridding techniques
and leading-edge proprietary digital VLF-EM Systems.
Over 3000 line-kilometres will be flown to provide detailed and complete coverage of the highly prospective, yet
largely under-explored gold property.
Figure 1 –Pickle Lake Gold Project: Location of the New Patricia Gold Property
The New Patricia property contains numerous large structural target settings for gold deposits in favourable
greenstones (Figure 2). The resultant data and products from this new detail survey, will provide a modern analysis
and allow follow-up ground testwork and drilling to be focussed on areas of the highest gold prospectivity.
Ardiden has researched and applied the most appropriate targeting techniques for mineralisation and structures
identified over this part of its Pickle Lake Gold Property and the detailed output products will be invaluable for followup drill targeting next year, on the ground.