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

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.”