ADV 3.85% 12.5¢ ardiden ltd

Ann: Kasagiminnis Exploration Permit Awarded & Driller Engaged, page-3

  1. 1,492 Posts.
    lightbulb Created with Sketch. 228
    KASAGIMINNIS EXPLORATION PERMIT AWARDED
    & DRILL CONTRACTOR ENGAGED

    Gold explorer Ardiden Limited (‘Ardiden’ or ‘the Company’) (ASX: ADV) is pleased to provide an update in relation to
    its 100%-owned Kasagiminnis Exploration Permit renewal and Summer drill programme at its Pickle Lake Gold
    Project, Ontario, Canada.
    The Company has now been issued its Exploration Permit at Kasagiminnis and has met the required consultation with
    all neighbouring First Nation groups as stipulated under (COVID-19) modified Mines Department (MENDM) Permit
    conditions.
    This unusual (COVID-19) situation, and resultant short delay to the anticipated Summer drill programme at the
    Kasagiminnis Gold Deposit, was outlined in the announcement dated 3 August 2020. The Company anticipates having
    a drill rig in place at Kasagiminnis within two weeks, which will provide sufficient time to complete its planned
    Summer programme (ASX announcement 3 August 2020).
    Ardiden’s Exploration Manager, Dan Grabiec wishes to express his appreciation to the Ontario Mines Department
    for expediting Ardiden’s Permit and also to the First Nation Groups for their co-operation, understanding and ongoing
    support: “The Pickle Lake region has at least two other companies actively drilling gold prospects in the area, and this
    has placed unprecedented pressures on the small local FN communities and heightened concerns due to the COVID
    situation in Ontario. We, as a Company, have applied our values of respect towards the local communities and the
    safety and welfare of all stakeholders, above all else. Now that we have all the necessary permits, we are very much
    looking forward and moving quickly to commence our summer drilling campaign at our flagship Kasagiminnis Gold
    Deposit and thanks to our recent capital raising, preparing for a larger Winter programme. Ardiden is very confident
    of the drill contractor’s all-season drilling capacity and commitment to sample quality and safety standards.”

 
watchlist Created with Sketch. Add ADV (ASX) to my watchlist
(20min delay)
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

Buyers (Bids)

No. Vol. Price($)
3 178889 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 24370 3
View Market Depth
Last trade - 15.50pm 30/08/2024 (20 minute delay) ?
ADV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.