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

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    PICKLE LAKE GOLD PROJECT EXPLORATION UPDATE
    HIGHLIGHTS
    • Winter drilling progressing well at the South Limb Gold Prospect with up to 7% pyrrhotite
    sulphides in quartz-veining, intersected within a wide zone of Iron Formation in drillhole
    SL21-04.
    • Kasagiminnis Gold Deposit drill programme will re-commence once South Limb’s drilling is
    complete, testing along strike to the east of the current 110,000oz @ 4.3g/t Au JORC Inferred
    Resource.
    • Drone Mag survey completed at Kasagiminnis to help target drill locations.
    • Ardiden’s 100%-owned Lithium assets under review at a time of rapidly growing lithium
    demand associated with increasing focus on electric vehicles, energy storage and renewable
    energy generation.
    • High grade Lithium results received from recent mapping at Ardiden’s Root Lake Lithium
    Project.
    • Engagement of US-based Investor Relations expert, Michelle Roth.
    Ardiden Limited (ASX: ADV) is pleased to provide an update on Winter exploration activities at its Pickle Lake
    Gold Project, and progress with its Lithium assets, all located in north-west Ontario, Canada. Drilling is
    currently 4 holes and about 950m into the Winter programme at South Limb, which is situated immediately
    along strike of the Dona Lake Gold mine (Newmont Corp). Preparation for drilling over the frozen lake section
    of the Kasagiminnis Gold Deposit, 17km south-west of South Limb, is also well advanced.
    Ardiden MD & CEO, Rob Longley said “Ground exploration activities at Pickle Lake are running smoothly and
    some exciting sulphides have been intersected in our South Limb drilling next to the Dona Lake Mine. We are
    on schedule to complete the initial drilling at South Limb and then move across to drill at Kas. It is great to see
    processed imagery from the drone mag survey over the frozen lake at Kas, help map out the highly prospective
    Iron Formation. Our site geologists are unravelling the structural and lithological controls on gold
    mineralisation at South Limb and Kas, as we collect more oriented data from these previously untested areas.”

 
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