ADV 1.82% 13.5¢ ardiden ltd

Ann: Further High-Grade Lithium Results from North Aubry, page-53

  1. 1,218 Posts.
    lightbulb Created with Sketch. 1037

    I was looking over drilling results and wondering what areas we were going to target next, I went back to drill results on the 27 April. link below,


    http://www.investi.com.au/api/announcements/adv/5caa672f-a3a.pdf


    So on the south west side we intercepted 35.8m @ 1.17% Li2o from 73m to 108.8m, quite a juicy intercept. Then looking at the latest AGM presentation , slide 7 entitled Aubury Central Long Section you will see 3 number planned drilled holes. This looks really promising, it is open and looks like it is travelling in a north eastern direction similarly to the two other pegmatites  above it. We have only touched on the start of this chunkier pegmatite and if it continues along the same lines and holds or increases in thickness it could be a real game changer. It was shortly after the release of these drill results that we raised the $6m in May, so obviously the investors saw enough potential in these results to invest that amount of money.  


    All imo and DYOR 

 
watchlist Created with Sketch. Add ADV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.