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ARDDF............GOLDEN WITH GOLD....Where will you guys be when she explodes up into the universe.....trading at a half a cent be real....joker
of 4892358
ARDDF.......................................JUNE 2022 QUARTERLY ACTIVITIES REPORT
HIGHLIGHTS
? Recent assay results of up to 148g/t gold from drilling at the Western Hub confirm significant high
grade gold potential at the Pickle Lake Gold Project.
? Results from another 40 holes yet to be received, with visual gold, sulphides and alteration noted in
5,939m of drilling completed across a 20km strike length of the Western Hub.
? Drill programme paused to allow laboratory results to be received and interpreted, ensuring
subsequent exploration work at the Western Hub is accurately targeted.
? Gold results received from the first 3 holes reported show visual gold and massive sulphide intervals
with assay results including:
o Esker Prospect : WP22-03 148.0 g/t Au and 57.0 g/t Ag (70.29-70.59m)
o Tonsil Prospect : DD22-04 33.6g/t Au (117.5-117.8m)
o Tonsil Prospect : DD22-03 9.45g/t Au (107.5-108.2m)
? Exploration spend on the New Patricia (Esker) Prospect considered sufficient to meet 100% earn-in
milestone with Exiro Minerals Corp.
? Lithium JORC resource at the Aubry Deposit increased to 9.9Mt @ 1.04% Li2O by JV partner Green
Technology Metals (ASX:GT1).
? Strong financial position with A$4.37m cash, A$7.63m current value1 of its 13,049,520 GT1 shares.
? Ardiden has a surplus of Exploration Assessment credits to ensure the Company’s overriding strategy
of planning its exploration programmes prudently and in tune with prevailing market conditions.
Ardiden Limited (‘Ardiden’ or ‘the Company’) (ASX: ADV) is pleased to report on June Quarterly Activities at its
highly prospective Gold and Lithium Projects in northwest Ontario, Canada (Figure 2).
During the period, Ardiden’s primary focus was drilling activities at its Pickle Lake Gold Project, where nearly
6,000m of diamond drilling has been completed so far at the Western Hub (Figure 6).
Assay results from just 3 holes of the 43-hole programme have been reported so far (refer announcement 14
June 2022). Another interim drill results update is planned in the coming weeks as assays are received from the
laboratory. The balance of drill results are expected during August and September.
Drilling has paused to allow for assay results to be received and interpreted which will allow a better
understanding of the gold mineralisation and to plan the next phase of very exciting exploration activities. The
delay in assay results also provides opportunity for prudent cash management.
On the Lithium projects, Ardiden’s lithium joint venture partner, Green Technology Metals (ASX:GT1), has
meanwhile funded all activities and doubled the JORC resource at Seymour, one of three joint-ventured
hardrock spodumene lithium projects (Figure 10).
1 GT1 shares escrowed until 10 Nov ’23. They are calculated at the closing price of $0.585 on 18 July 2022.
P a g e | 2
ASX Code: ADV
ABN: 82 110 884 252
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 675 Murray St
West Perth WA 6005
Tel: +61 (8) 6184 5938
Ardiden Managing Director and CEO Rob Longley remains in Canada and has been on site since May 2022. Rob
also attended the Toronto PDAC Conference in June with North American-based Ardiden representatives;
Michelle Roth and Mick Stares (Figure 1).
Figure 1 - Rob Longley, Michelle Roth & Haydn Daxter at the Drill site (left) & Rob with Mick Stares at the PDAC Conference (right)
GOLD EXPLORATION ACTIVITIES – Western Hub – Pickle Lake Gold Project
The Pickle Lake Gold Project is a continuous District-Scale 1,088km2 (108,800 hectare) gold landholding, located
east of Red Lake in the well-endowed Uchi Geological sub-province of north-western Ontario, Canada (Figure
2). The Uchi Province is host to numerous currently producing gold mines at Red Lake and at Musselwhite, and
is a highly active exploration area with Evolution, Newmont, Kinross, and numerous other exploration
companies all currently active with gold exploration work in the area.
Figure 2- Location of Ardiden’s Pickle Lake Gold project within the Uchi Belt of northwest Ontario.
P a g e | 3
ASX Code: ADV
ABN: 82 110 884 252
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 675 Murray St
West Perth WA 6005
Tel: +61 (8) 6184 5938
Drilling at the Western Hub so far has completed 43 holes for 5,939m of fully oriented diamond core to a
maximum depth of 252m, comprising:
1. Esker Prospect - 18 holes for 2,206m
2. Tonsil Prospect – 19 holes for 2,680m
3. Dorothy Prospect – 3 holes for 655m
4. Dobie Prospect – 3 holes for 398m
Ardiden’s drilling in the Western Hub is targeting the Golden Patricia geological sequence both to the northwest and to the south-east of the historical underground mine. The mine was developed to 750m vertical depth
over a 3km strike length and extracted 619,796oz Au @ 15.2g/t Au*and ceased operations in 1997 due to poor
gold prices.
Ardiden’s drill programme has been systematically testing four gold prospects along a 20km strike length and
will expand over time to the full 60km length of the entire Western Hub belt. Location of the Western Hub gold
prospects and drillholes with reported results are shown below in Error! Reference source not found..
Figure 3 - Location of Prospects and current Drilling along the Western Hub of the Pickle Lake Gold Project
Due to a large backlog of samples at the laboratory, drilling has paused to enable drill results to be received and
interpreted to enable better targeting of subsequent work programmes at the Western Hub.
There remains another 40 completed diamond drillholes in process through the logging, cutting and laboratory
pipeline that are yet to be reported. During the quarter, however, initial gold assay results from the first three
were reported (refer announcement 14 June 2022) and included:
o Esker Prospect: WP22-03 148.0 g/t Au and 57.0 g/t Ag (70.29-70.59m)
o Tonsil Prospect : DD22-04 33.6g/t Au (117.5-117.8m)
o Tonsil Prospect : DD22-03 9.45g/t Au (107.5-108.2m)
The Company targets to report results for the next 12 holes in the coming weeks as they are received from the
laboratory.
Final assay results will include a wider suite of elements and continue to stream through over
ARDDF.......................................JUNE 2022 QUARTERLY ACTIVITIES REPORT
HIGHLIGHTS
? Recent assay results of up to 148g/t gold from drilling at the Western Hub confirm significant high
grade gold potential at the Pickle Lake Gold Project.
? Results from another 40 holes yet to be received, with visual gold, sulphides and alteration noted in
5,939m of drilling completed across a 20km strike length of the Western Hub.
? Drill programme paused to allow laboratory results to be received and interpreted, ensuring
subsequent exploration work at the Western Hub is accurately targeted.
? Gold results received from the first 3 holes reported show visual gold and massive sulphide intervals
with assay results including:
o Esker Prospect : WP22-03 148.0 g/t Au and 57.0 g/t Ag (70.29-70.59m)
o Tonsil Prospect : DD22-04 33.6g/t Au (117.5-117.8m)
o Tonsil Prospect : DD22-03 9.45g/t Au (107.5-108.2m)
? Exploration spend on the New Patricia (Esker) Prospect considered sufficient to meet 100% earn-in
milestone with Exiro Minerals Corp.
? Lithium JORC resource at the Aubry Deposit increased to 9.9Mt @ 1.04% Li2O by JV partner Green
Technology Metals (ASX:GT1).
? Strong financial position with A$4.37m cash, A$7.63m current value1 of its 13,049,520 GT1 shares.
? Ardiden has a surplus of Exploration Assessment credits to ensure the Company’s overriding strategy
of planning its exploration programmes prudently and in tune with prevailing market conditions.
Ardiden Limited (‘Ardiden’ or ‘the Company’) (ASX: ADV) is pleased to report on June Quarterly Activities at its
highly prospective Gold and Lithium Projects in northwest Ontario, Canada (Figure 2).
During the period, Ardiden’s primary focus was drilling activities at its Pickle Lake Gold Project, where nearly
6,000m of diamond drilling has been completed so far at the Western Hub (Figure 6).
Assay results from just 3 holes of the 43-hole programme have been reported so far (refer announcement 14
June 2022). Another interim drill results update is planned in the coming weeks as assays are received from the
laboratory. The balance of drill results are expected during August and September.
Drilling has paused to allow for assay results to be received and interpreted which will allow a better
understanding of the gold mineralisation and to plan the next phase of very exciting exploration activities. The
delay in assay results also provides opportunity for prudent cash management.
On the Lithium projects, Ardiden’s lithium joint venture partner, Green Technology Metals (ASX:GT1), has
meanwhile funded all activities and doubled the JORC resource at Seymour, one of three joint-ventured
hardrock spodumene lithium projects (Figure 10).
1 GT1 shares escrowed until 10 Nov ’23. They are calculated at the closing price of $0.585 on 18 July 2022.
P a g e | 2
ASX Code: ADV
ABN: 82 110 884 252
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 675 Murray St
West Perth WA 6005
Tel: +61 (8) 6184 5938
Ardiden Managing Director and CEO Rob Longley remains in Canada and has been on site since May 2022. Rob
also attended the Toronto PDAC Conference in June with North American-based Ardiden representatives;
Michelle Roth and Mick Stares (Figure 1).
Figure 1 - Rob Longley, Michelle Roth & Haydn Daxter at the Drill site (left) & Rob with Mick Stares at the PDAC Conference (right)
GOLD EXPLORATION ACTIVITIES – Western Hub – Pickle Lake Gold Project
The Pickle Lake Gold Project is a continuous District-Scale 1,088km2 (108,800 hectare) gold landholding, located
east of Red Lake in the well-endowed Uchi Geological sub-province of north-western Ontario, Canada (Figure
2). The Uchi Province is host to numerous currently producing gold mines at Red Lake and at Musselwhite, and
is a highly active exploration area with Evolution, Newmont, Kinross, and numerous other exploration
companies all currently active with gold exploration work in the area.
Figure 2- Location of Ardiden’s Pickle Lake Gold project within the Uchi Belt of northwest Ontario.
P a g e | 3
ASX Code: ADV
ABN: 82 110 884 252
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 675 Murray St
West Perth WA 6005
Tel: +61 (8) 6184 5938
Drilling at the Western Hub so far has completed 43 holes for 5,939m of fully oriented diamond core to a
maximum depth of 252m, comprising:
1. Esker Prospect - 18 holes for 2,206m
2. Tonsil Prospect – 19 holes for 2,680m
3. Dorothy Prospect – 3 holes for 655m
4. Dobie Prospect – 3 holes for 398m
Ardiden’s drilling in the Western Hub is targeting the Golden Patricia geological sequence both to the northwest and to the south-east of the historical underground mine. The mine was developed to 750m vertical depth
over a 3km strike length and extracted 619,796oz Au @ 15.2g/t Au*and ceased operations in 1997 due to poor
gold prices.
Ardiden’s drill programme has been systematically testing four gold prospects along a 20km strike length and
will expand over time to the full 60km length of the entire Western Hub belt. Location of the Western Hub gold
prospects and drillholes with reported results are shown below in Error! Reference source not found..
Figure 3 - Location of Prospects and current Drilling along the Western Hub of the Pickle Lake Gold Project
Due to a large backlog of samples at the laboratory, drilling has paused to enable drill results to be received and
interpreted to enable better targeting of subsequent work programmes at the Western Hub.
There remains another 40 completed diamond drillholes in process through the logging, cutting and laboratory
pipeline that are yet to be reported. During the quarter, however, initial gold assay results from the first three
were reported (refer announcement 14 June 2022) and included:
o Esker Prospect: WP22-03 148.0 g/t Au and 57.0 g/t Ag (70.29-70.59m)
o Tonsil Prospect : DD22-04 33.6g/t Au (117.5-117.8m)
o Tonsil Prospect : DD22-03 9.45g/t Au (107.5-108.2m)
The Company targets to report results for the next 12 holes in the coming weeks as they are received from the
laboratory.
Final assay results will include a wider suite of elements and continue to stream through over
ARDDF.......................................JUNE 2022 QUARTERLY ACTIVITIES REPORT
HIGHLIGHTS
? Recent assay results of up to 148g/t gold from drilling at the Western Hub confirm significant high
grade gold potential at the Pickle Lake Gold Project.
? Results from another 40 holes yet to be received, with visual gold, sulphides and alteration noted in
5,939m of drilling completed across a 20km strike length of the Western Hub.
? Drill programme paused to allow laboratory results to be received and interpreted, ensuring
subsequent exploration work at the Western Hub is accurately targeted.
? Gold results received from the first 3 holes reported show visual gold and massive sulphide intervals
with assay results including:
o Esker Prospect : WP22-03 148.0 g/t Au and 57.0 g/t Ag (70.29-70.59m)
o Tonsil Prospect : DD22-04 33.6g/t Au (117.5-117.8m)
o Tonsil Prospect : DD22-03 9.45g/t Au (107.5-108.2m)
? Exploration spend on the New Patricia (Esker) Prospect considered sufficient to meet 100% earn-in
milestone with Exiro Minerals Corp.
? Lithium JORC resource at the Aubry Deposit increased to 9.9Mt @ 1.04% Li2O by JV partner Green
Technology Metals (ASX:GT1).
? Strong financial position with A$4.37m cash, A$7.63m current value1 of its 13,049,520 GT1 shares.
? Ardiden has a surplus of Exploration Assessment credits to ensure the Company’s overriding strategy
of planning its exploration programmes prudently and in tune with prevailing market conditions.
Ardiden Limited (‘Ardiden’ or ‘the Company’) (ASX: ADV) is pleased to report on June Quarterly Activities at its
highly prospective Gold and Lithium Projects in northwest Ontario, Canada (Figure 2).
During the period, Ardiden’s primary focus was drilling activities at its Pickle Lake Gold Project, where nearly
6,000m of diamond drilling has been completed so far at the Western Hub (Figure 6).
Assay results from just 3 holes of the 43-hole programme have been reported so far (refer announcement 14
June 2022). Another interim drill results update is planned in the coming weeks as assays are received from the
laboratory. The balance of drill results are expected during August and September.
Drilling has paused to allow for assay results to be received and interpreted which will allow a better
understanding of the gold mineralisation and to plan the next phase of very exciting exploration activities. The
delay in assay results also provides opportunity for prudent cash management.
On the Lithium projects, Ardiden’s lithium joint venture partner, Green Technology Metals (ASX:GT1), has
meanwhile funded all activities and doubled the JORC resource at Seymour, one of three joint-ventured
hardrock spodumene lithium projects (Figure 10).
1 GT1 shares escrowed until 10 Nov ’23. They are calculated at the closing price of $0.585 on 18 July 2022.
P a g e | 2
ASX Code: ADV
ABN: 82 110 884 252
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 675 Murray St
West Perth WA 6005
Tel: +61 (8) 6184 5938
Ardiden Managing Director and CEO Rob Longley remains in Canada and has been on site since May 2022. Rob
also attended the Toronto PDAC Conference in June with North American-based Ardiden representatives;
Michelle Roth and Mick Stares (Figure 1).
Figure 1 - Rob Longley, Michelle Roth & Haydn Daxter at the Drill site (left) & Rob with Mick Stares at the PDAC Conference (right)
GOLD EXPLORATION ACTIVITIES – Western Hub – Pickle Lake Gold Project
The Pickle Lake Gold Project is a continuous District-Scale 1,088km2 (108,800 hectare) gold landholding, located
east of Red Lake in the well-endowed Uchi Geological sub-province of north-western Ontario, Canada (Figure
2). The Uchi Province is host to numerous currently producing gold mines at Red Lake and at Musselwhite, and
is a highly active exploration area with Evolution, Newmont, Kinross, and numerous other exploration
companies all currently active with gold exploration work in the area.
Figure 2- Location of Ardiden’s Pickle Lake Gold project within the Uchi Belt of northwest Ontario.
P a g e | 3
ASX Code: ADV
ABN: 82 110 884 252
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 675 Murray St
West Perth WA 6005
Tel: +61 (8) 6184 5938
Drilling at the Western Hub so far has completed 43 holes for 5,939m of fully oriented diamond core to a
maximum depth of 252m, comprising:
1. Esker Prospect - 18 holes for 2,206m
2. Tonsil Prospect – 19 holes for 2,680m
3. Dorothy Prospect – 3 holes for 655m
4. Dobie Prospect – 3 holes for 398m
Ardiden’s drilling in the Western Hub is
ARDDF........................JUNE 2022 QUARTERLY ACTIVITIES REPORT
HIGHLIGHTS
? Recent assay results of up to 148g/t gold from drilling at the Western Hub confirm significant high
grade gold potential at the Pickle Lake Gold Project.
? Results from another 40 holes yet to be received, with visual gold, sulphides and alteration noted in
5,939m of drilling completed across a 20km strike length of the Western Hub.
? Drill programme paused to allow laboratory results to be received and interpreted, ensuring
subsequent exploration work at the Western Hub is accurately targeted.
? Gold results received from the first 3 holes reported show visual gold and massive sulphide intervals
with assay results including:
o Esker Prospect : WP22-03 148.0 g/t Au and 57.0 g/t Ag (70.29-70.59m)
o Tonsil Prospect : DD22-04 33.6g/t Au (117.5-117.8m)
o Tonsil Prospect : DD22-03 9.45g/t Au (107.5-108.2m)
? Exploration spend on the New Patricia (Esker) Prospect considered sufficient to meet 100% earn-in
milestone with Exiro Minerals Corp.
? Lithium JORC resource at the Aubry Deposit increased to 9.9Mt @ 1.04% Li2O by JV partner Green
Technology Metals (ASX:GT1).
? Strong financial position with A$4.37m cash, A$7.63m current value1 of its 13,049,520 GT1 shares.
? Ardiden has a surplus of Exploration Assessment credits to ensure the Company’s overriding strategy
of planning its exploration programmes prudently and in tune with prevailing market conditions.
Ardiden Limited (‘Ardiden’ or ‘the Company’) (ASX: ADV) is pleased to report on June Quarterly Activities at its
highly prospective Gold and Lithium Projects in northwest Ontario, Canada (Figure 2).
During the period, Ardiden’s primary focus was drilling activities at its Pickle Lake Gold Project, where nearly
6,000m of diamond drilling has been completed so far at the Western Hub (Figure 6).
Assay results from just 3 holes of the 43-hole programme have been reported so far (refer announcement 14
June 2022). Another interim drill results update is planned in the coming weeks as assays are received from the
laboratory. The balance of drill results are expected during August and September.
Drilling has paused to allow for assay results to be received and interpreted which will allow a better
understanding of the gold mineralisation and to plan the next phase of very exciting exploration activities. The
delay in assay results also provides opportunity for prudent cash management.
On the Lithium projects, Ardiden’s lithium joint venture partner, Green Technology Metals (ASX:GT1), has
meanwhile funded all activities and doubled the JORC resource at Seymour, one of three joint-ventured
hardrock spodumene lithium projects (Figure 10).
1 GT1 shares escrowed until 10 Nov ’23. They are calculated at the closing price of $0.585 on 18 July 2022.
P a g e | 2
ASX Code: ADV
ABN: 82 110 884 252
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 675 Murray St
West Perth WA 6005
Tel: +61 (8) 6184 5938
Ardiden Managing Director and CEO Rob Longley remains in Canada and has been on site since May 2022. Rob
also attended the Toronto PDAC Conference in June with North American-based Ardiden representatives;
Michelle Roth and Mick Stares (Figure 1).
Figure 1 - Rob Longley, Michelle Roth & Haydn Daxter at the Drill site (left) & Rob with Mick Stares at the PDAC Conference (right)
GOLD EXPLORATION ACTIVITIES – Western Hub – Pickle Lake Gold Project
The Pickle Lake Gold Project is a continuous District-Scale 1,088km2 (108,800 hectare) gold landholding, located
east of Red Lake in the well-endowed Uchi Geological sub-province of north-western Ontario, Canada (Figure
2). The Uchi Province is host to numerous currently producing gold mines at Red Lake and at Musselwhite, and
is a highly active exploration area with Evolution, Newmont, Kinross, and numerous other exploration
companies all currently active with gold exploration work in the area.
Figure 2- Location of Ardiden’s Pickle Lake Gold project within the Uchi Belt of northwest Ontario.
P a g e | 3
ASX Code: ADV
ABN: 82 110 884 252
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 675 Murray St
West Perth WA 6005
Tel: +61 (8) 6184 5938
Drilling at the Western Hub so far has completed 43 holes for 5,939m of fully oriented diamond core to a
maximum depth of 252m, comprising:
1. Esker Prospect - 18 holes for 2,206m
2. Tonsil Prospect – 19 holes for 2,680m
3. Dorothy Prospect – 3 holes for 655m
4. Dobie Prospect – 3 holes for 398m
Ardiden’s drilling in the Western Hub is targeting the Golden Patricia geological sequence both to the northwest and to the south-east of the historical underground mine. The mine was developed to 750m vertical depth
over a 3km strike length and extracted 619,796oz Au @ 15.2g/t Au*and ceased operations in 1997 due to poor
gold prices.
Ardiden’s drill programme has been systematically testing four gold prospects along a 20km strike length and
will expand over time to the full 60km length of the entire Western Hub belt. Location of the Western Hub gold
prospects and drillholes with reported results are shown below in Error! Reference source not found..
Figure 3 - Location of Prospects and current Drilling along the Western Hub of the Pickle Lake Gold Project
Due to a large backlog of samples at the laboratory, drilling has paused to enable drill results to be received and
interpreted to enable better targeting of subsequent work programmes at the Western Hub.
There remains another 40 completed diamond drillholes in process through the logging, cutting and laboratory
pipeline that are yet to be reported. During the quarter, however, initial gold assay results from the first three
were reported (refer announcement 14 June 2022) and included:
o Esker Prospect: WP22-03 148.0 g/t Au and 57.0 g/t Ag (70.29-70.59m)
o Tonsil Prospect : DD22-04 33.6g/t Au (117.5-117.8m)
o Tonsil Prospect : DD22-03 9.45g/t Au (107.5-108.2m)
The Company targets to report results for the next 12 holes in the coming weeks as they are received from the
laboratory.
Final assay results will include a wider suite of elements and continue to stream through over
JUNE 2022 QUARTERLY ACTIVITIES REPORT
HIGHLIGHTS
? Recent assay results of up to 148g/t gold from drilling at the Western Hub confirm significant high
grade gold potential at the Pickle Lake Gold Project.
? Results from another 40 holes yet to be received, with visual gold, sulphides and alteration noted in
5,939m of drilling completed across a 20km strike length of the Western Hub.
? Drill programme paused to allow laboratory results to be received and interpreted, ensuring
subsequent exploration work at the Western Hub is accurately targeted.
? Gold results received from the first 3 holes reported show visual gold and massive sulphide intervals
with assay results including:
o Esker Prospect : WP22-03 148.0 g/t Au and 57.0 g/t Ag (70.29-70.59m)
o Tonsil Prospect : DD22-04 33.6g/t Au (117.5-117.8m)
o Tonsil Prospect : DD22-03 9.45g/t Au (107.5-108.2m)
? Exploration spend on the New Patricia (Esker) Prospect considered sufficient to meet 100% earn-in
milestone with Exiro Minerals Corp.
? Lithium JORC resource at the Aubry Deposit increased to 9.9Mt @ 1.04% Li2O by JV partner Green
Technology Metals (ASX:GT1).
? Strong financial position with A$4.37m cash, A$7.63m current value1 of its 13,049,520 GT1 shares.
? Ardiden has a surplus of Exploration Assessment credits to ensure the Company’s overriding strategy
of planning its exploration programmes prudently and in tune with prevailing market conditions.
Ardiden Limited (‘Ardiden’ or ‘the Company’) (ASX: ADV) is pleased to report on June Quarterly Activities at its
highly prospective Gold and Lithium Projects in northwest Ontario, Canada (Figure 2).
During the period, Ardiden’s primary focus was drilling activities at its Pickle Lake Gold Project, where nearly
6,000m of diamond drilling has been completed so far at the Western Hub (Figure 6).
Assay results from just 3 holes of the 43-hole programme have been reported so far (refer announcement 14
June 2022). Another interim drill results update is planned in the coming weeks as assays are received from the
laboratory. The balance of drill results are expected during August and September.
Drilling has paused to allow for assay results to be received and interpreted which will allow a better
understanding of the gold mineralisation and to plan the next phase of very exciting exploration activities. The
delay in assay results also provides opportunity for prudent cash management.
On the Lithium projects, Ardiden’s lithium joint venture partner, Green Technology Metals (ASX:GT1), has
meanwhile funded all activities and doubled the JORC resource at Seymour, one of three joint-ventured
hardrock spodumene lithium projects (Figure 10).
1 GT1 shares escrowed until 10 Nov ’23. They are calculated at the closing price of $0.585 on 18 July 2022.
P a g e | 2
ASX Code: ADV
ABN: 82 110 884 252
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 675 Murray St
West Perth WA 6005
Tel: +61 (8) 6184 5938
Ardiden Managing Director and CEO Rob Longley remains in Canada and has been on site since May 2022. Rob
also attended the Toronto PDAC Conference in June with North American-based Ardiden representatives;
Michelle Roth and Mick Stares (Figure 1).
Figure 1 - Rob Longley, Michelle Roth & Haydn Daxter at the Drill site (left) & Rob with Mick Stares at the PDAC Conference (right)
GOLD EXPLORATION ACTIVITIES – Western Hub – Pickle Lake Gold Project
The Pickle Lake Gold Project is a continuous District-Scale 1,088km2 (108,800 hectare) gold landholding, located
east of Red Lake in the well-endowed Uchi Geological sub-province of north-western Ontario, Canada (Figure
2). The Uchi Province is host to numerous currently producing gold mines at Red Lake and at Musselwhite, and
is a highly active exploration area with Evolution, Newmont, Kinross, and numerous other exploration
companies all currently active with gold exploration work in the area.
Figure 2- Location of Ardiden’s Pickle Lake Gold project within the Uchi Belt of northwest Ontario.
P a g e | 3
ASX Code: ADV
ABN: 82 110 884 252
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 675 Murray St
West Perth WA 6005
Tel: +61 (8) 6184 5938
Drilling at the Western Hub so far has completed 43 holes for 5,939m of fully oriented diamond core to a
maximum depth of 252m, comprising:
1. Esker Prospect - 18 holes for 2,206m
2. Tonsil Prospect – 19 holes for 2,680m
3. Dorothy Prospect – 3 holes for 655m
4. Dobie Prospect – 3 holes for 398m
Ardiden’s drilling in the Western Hub is targeting the Golden Patricia geological sequence both to the northwest and to the south-east of the historical underground mine. The mine was developed to 750m vertical depth
over a 3km strike length and extracted 619,796oz Au @ 15.2g/t Au*and ceased operations in 1997 due to poor
gold prices.
Ardiden’s drill programme has been systematically testing four gold prospects along a 20km strike length and
will expand over time to the full 60km length of the entire Western Hub belt. Location of the Western Hub gold
prospects and drillholes with reported results are shown below in Error! Reference source not found..
Figure 3 - Location of Prospects and current Drilling along the Western Hub of the Pickle Lake Gold Project
Due to a large backlog of samples at the laboratory, drilling has paused to enable drill results to be received and
interpreted to enable better targeting of subsequent work programmes at the Western Hub.
There remains another 40 completed diamond drillholes in process through the logging, cutting and laboratory
pipeline that are yet to be reported. During the quarter, however, initial gold assay results from the first three
were reported (refer announcement 14 June 2022) and included:
o Esker Prospect: WP22-03 148.0 g/t Au and 57.0 g/t Ag (70.29-70.59m)
o Tonsil Prospect : DD22-04 33.6g/t Au (117.5-117.8m)
o Tonsil Prospect : DD22-03 9.45g/t Au (107.5-108.2m)
The Company targets to report results for the next 12 holes in the coming weeks as they are received from the
laboratory.
Final assay results will include a wider suite of elements and continue to stream through overARDDF.................................
ARDDF.......................................JUNE 2022 QUARTERLY ACTIVITIES REPORT
HIGHLIGHTS
? Recent assay results of up to 148g/t gold from drilling at the Western Hub confirm significant high
grade gold potential at the Pickle Lake Gold Project.
? Results from another 40 holes yet to be received, with visual gold, sulphides and alteration noted in
5,939m of drilling completed across a 20km strike length of the Western Hub.
? Drill programme paused to allow laboratory results to be received and interpreted, ensuring
subsequent exploration work at the Western Hub is accurately targeted.
? Gold results received from the first 3 holes reported show visual gold and massive sulphide intervals
with assay results including:
o Esker Prospect : WP22-03 148.0 g/t Au and 57.0 g/t Ag (70.29-70.59m)
o Tonsil Prospect : DD22-04 33.6g/t Au (117.5-117.8m)
o Tonsil Prospect : DD22-03 9.45g/t Au (107.5-108.2m)
? Exploration spend on the New Patricia (Esker) Prospect considered sufficient to meet 100% earn-in
milestone with Exiro Minerals Corp.
? Lithium JORC resource at the Aubry Deposit increased to 9.9Mt @ 1.04% Li2O by JV partner Green
Technology Metals (ASX:GT1).
? Strong financial position with A$4.37m cash, A$7.63m current value1 of its 13,049,520 GT1 shares.
? Ardiden has a surplus of Exploration Assessment credits to ensure the Company’s overriding strategy
of planning its exploration programmes prudently and in tune with prevailing market conditions.
Ardiden Limited (‘Ardiden’ or ‘the Company’) (ASX: ADV) is pleased to report on June Quarterly Activities at its
highly prospective Gold and Lithium Projects in northwest Ontario, Canada (Figure 2).
During the period, Ardiden’s primary focus was drilling activities at its Pickle Lake Gold Project, where nearly
6,000m of diamond drilling has been completed so far at the Western Hub (Figure 6).
Assay results from just 3 holes of the 43-hole programme have been reported so far (refer announcement 14
June 2022). Another interim drill results update is planned in the coming weeks as assays are received from the
laboratory. The balance of drill results are expected during August and September.
Drilling has paused to allow for assay results to be received and interpreted which will allow a better
understanding of the gold mineralisation and to plan the next phase of very exciting exploration activities. The
delay in assay results also provides opportunity for prudent cash management.
On the Lithium projects, Ardiden’s lithium joint venture partner, Green Technology Metals (ASX:GT1), has
meanwhile funded all activities and doubled the JORC resource at Seymour, one of three joint-ventured
hardrock spodumene lithium projects (Figure 10).
1 GT1 shares escrowed until 10 Nov ’23. They are calculated at the closing price of $0.585 on 18 July 2022.
P a g e | 2
ASX Code: ADV
ABN: 82 110 884 252
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 675 Murray St
West Perth WA 6005
Tel: +61 (8) 6184 5938
Ardiden Managing Director and CEO Rob Longley remains in Canada and has been on site since May 2022. Rob
also attended the Toronto PDAC Conference in June with North American-based Ardiden representatives;
Michelle Roth and Mick Stares (Figure 1).
Figure 1 - Rob Longley, Michelle Roth & Haydn Daxter at the Drill site (left) & Rob with Mick Stares at the PDAC Conference (right)
GOLD EXPLORATION ACTIVITIES – Western Hub – Pickle Lake Gold Project
The Pickle Lake Gold Project is a continuous District-Scale 1,088km2 (108,800 hectare) gold landholding, located
east of Red Lake in the well-endowed Uchi Geological sub-province of north-western Ontario, Canada (Figure
2). The Uchi Province is host to numerous currently producing gold mines at Red Lake and at Musselwhite, and
is a highly active exploration area with Evolution, Newmont, Kinross, and numerous other exploration
companies all currently active with gold exploration work in the area.
Figure 2- Location of Ardiden’s Pickle Lake Gold project within the Uchi Belt of northwest Ontario.
P a g e | 3
ASX Code: ADV
ABN: 82 110 884 252
www.ardiden.com.au
ARDIDEN LIMITED
Level 1, 675 Murray St
West Perth WA 6005
Tel: +61 (8) 6184 5938
Drilling at the Western Hub so far has completed 43 holes for 5,939m of fully oriented diamond core to a
maximum depth of 252m, comprising:
1. Esker Prospect - 18 holes for 2,206m
2. Tonsil Prospect – 19 holes for 2,680m
3. Dorothy Prospect – 3 holes for 655m
4. Dobie Prospect – 3 holes for 398m
Ardiden’s drilling in the Western Hub is targeting the Golden Patricia geological sequence both to the northwest and to the south-east of the historical underground mine. The mine was developed to 750m vertical depth
over a 3km strike length and extracted 619,796oz Au @ 15.2g/t Au*and ceased operations in 1997 due to poor
gold prices.
Ardiden’s drill programme has been systematically testing four gold prospects along a 20km strike length and
will expand over time to the full 60km length of the entire Western Hub belt. Location of the Western Hub gold
prospects and drillholes with reported results are shown below in Error! Reference source not found..
Figure 3 - Location of Prospects and current Drilling along the Western Hub of the Pickle Lake Gold Project
Due to a large backlog of samples at the laboratory, drilling has paused to enable drill results to be received and
interpreted to enable better targeting of subsequent work programmes at the Western Hub.
There remains another 40 completed diamond drillholes in process through the logging, cutting and laboratory
pipeline that are yet to be reported. During the quarter, however, initial gold assay results from the first three
were reported (refer announcement 14 June 2022) and included:
o Esker Prospect: WP22-03 148.0 g/t Au and 57.0 g/t Ag (70.29-70.59m)
o Tonsil Prospect : DD22-04 33.6g/t Au (117.5-117.8m)
o Tonsil Prospect : DD22-03 9.45g/t Au (107.5-108.2m)
The Company targets to report results for the next 12 holes in the coming weeks as they are received from the
laboratory.
Final assay results will include a wider suite of elements and continue to stream through over
Peace brother....NBRI to the moon...........Joker
i will sell tomorrow morning in between 09;30 and 10;30 when you guys do....but i wont be buying back in..hence...rinse and repeat.....joker
bought at .0008,and just figuired out this is a piece of feces
ARDDF......https://www.ardiden.com.au/
ARDDF...............https://www.ardiden.com.au/
ARDDF..........https://www.ardiden.com.au/
Yes,I'm yelling
ARDDF.....CHECK THEIR WEBSITE FOR ALL THE GREAT NEWS,THEY DONT PUT OUT NEWS,JUST POST LATEST HAPPENS ON WEBSITE,,SHOW ME ONE THING WRONG WITH THIS STOCK...watching NEXTW.............JOKER
ARDDF.....WILL TODAY BE THE DAY????????!!!!JOKER
ARDDF.....Man I'm looking for dollars here,,check out their news on their website,when they find what they looking for,,,boooooooom...Joker
ARDDF...is another great F stock..when it goes it's going big,,,check their news from Friday and previous
ARDDF..........NEWS................. ASX ADV: 0.007 0%
Ardiden Limited
CORPORATE
PROJECTS
INVESTORS
SUSTAINABILITY
CONTACT US
SUBSCRIBE TO NEWS
Ardiden Ltd
Ardiden Limited (ASX: ADV) is an ASX-listed exploration company focused on discovery and building a significant high-grade gold resource at its Pickle Lake Gold Project, located in north-west Ontario, one of Canada’s most prolific gold mining districts.
The District-Scale Pickle Lake Gold Project consists of 1,088 km2 of highly prospective and connected landholdings with three existing gold deposits (Kasagiminnis, Dorothy and Dobie) and 23 other identified brownfields and greenfields gold prospects. Ardiden has predominately 100% ownership of the Pickle Lake Gold Project with one earn-in at the New Patricia Property, which will also be 100% Ardiden at the end of 2022.
READ MORE
ASX Announcements
8/07/2022
GT1: Further Step-Out Success at Seymour
23/06/2022
GT1: Interim Seymour Mineral Resource Doubles
14/06/2022
INITIAL RESULTS CONFIRM UPSIDE GOLD POTENTIAL AT PICKLE LAKE
Financial Information
29/04/2022
GT1: Quarterly Activities Report – March 2022
28/04/2022
Quarterly Activities/Appendix 5B Cash Flow Report
3/03/2022
Half Year Accounts
Presentations & Reports
12/05/2022
Ardiden Share Cafe Presentation
3/05/2022
Presentation – Strategic Gold and Lithium Projects in Canada
7/04/2022
GT1: Presentation – Paydirt Battery Minerals Conference
READ MORE
Projects
Latest Video
Share Cafe Webinar - Micro/Small Cap "Hidden Gems" Webinar with Robin Longley
READ MORE
Subscribe to our mailing list
First Name
Last Name
Email
Level 1
675 Murray Street
West Perth WA 6005 Australia
+61 8 6184 5938
info@ardiden.com.au
© 2022 Ardiden Limited Limited. All Rights Reserved.
ARDDF,...........NEWS............................ ASX ADV: 0.007 0%
Ardiden Limited
CORPORATE
PROJECTS
INVESTORS
SUSTAINABILITY
CONTACT US
SUBSCRIBE TO NEWS
Ardiden Ltd
Ardiden Limited (ASX: ADV) is an ASX-listed exploration company focused on discovery and building a significant high-grade gold resource at its Pickle Lake Gold Project, located in north-west Ontario, one of Canada’s most prolific gold mining districts.
The District-Scale Pickle Lake Gold Project consists of 1,088 km2 of highly prospective and connected landholdings with three existing gold deposits (Kasagiminnis, Dorothy and Dobie) and 23 other identified brownfields and greenfields gold prospects. Ardiden has predominately 100% ownership of the Pickle Lake Gold Project with one earn-in at the New Patricia Property, which will also be 100% Ardiden at the end of 2022.
READ MORE
ASX Announcements
8/07/2022
GT1: Further Step-Out Success at Seymour
23/06/2022
GT1: Interim Seymour Mineral Resource Doubles
14/06/2022
INITIAL RESULTS CONFIRM UPSIDE GOLD POTENTIAL AT PICKLE LAKE
Financial Information
29/04/2022
GT1: Quarterly Activities Report – March 2022
28/04/2022
Quarterly Activities/Appendix 5B Cash Flow Report
3/03/2022
Half Year Accounts
Presentations & Reports
12/05/2022
Ardiden Share Cafe Presentation
3/05/2022
Presentation – Strategic Gold and Lithium Projects in Canada
7/04/2022
GT1: Presentation – Paydirt Battery Minerals Conference
READ MORE
Projects
Latest Video
Share Cafe Webinar - Micro/Small Cap "Hidden Gems" Webinar with Robin Longley
READ MORE
Subscribe to our mailing list
First Name
Last Name
Email
Level 1
675 Murray Street
West Perth WA 6005 Australia
+61 8 6184 5938
info@ardiden.com.au
© 2022 Ardiden Limited Limited. All Rights Reserved.
Bummer,I finally got in at.013.....fingers crossed .....Joker
The more you guys say going up ,the further it goes down,maybe you need to zip it,cause it starting to look like a POS
Trying to get in,,if they made all this money,,Why they dumping on the small guy,,,,?...joker
MASN ...ITS UP ,,DOWN ,,SIDEWAYS..ALL OVA D PLACE??????????????????????should I buy down here??????JOKER
All you great charters out there ,,,what type of trading is that going on with MASN.....seems different....thanks
HIGH A/S...DONT MEAN SQUAT.....THAT SMALL AMOUNT OF DILUTION DONT MEAN SQUAT OUT OF THE Number THAT TRADED,,POCKET CHANGE,,I JUST BOUGHT MORE,,..... joker
Was there a split
Sure would look good at .....0035......
All this shiz in here,has got to be a pony in here........ everyone under the same umbrella some just not getting wet,
ARDDF...........0055.........WHEN THEY REPORT WHAT MINERAL THEY FOUND AND HOW MUCH.....????????????????
ARDDF.....0053.............$$$$$$$$$$$$$$$$$$$$$$$$$$$$......JOKER
USPS........9 MILLION FLOAT AND .05 CENTS IS GONE ....06 CENTS IS UP
USPS....PUT THIS WITH MY OTHER POST..........................USPS SECURITY DETAILS
Share Structure
Market Cap Market Cap
386,505
06/21/2022
Authorized Shares
50,000,000
05/04/2022
Outstanding Shares
13,953,250
05/04/2022
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
9,823,600
05/04/2022
Par Value
USPS......PUT THIS WITH MY OTHER POST...................USPS SECURITY DETAILS
Share Structure
Market Cap Market Cap
386,505
06/21/2022
Authorized Shares
50,000,000
05/04/2022
Outstanding Shares
13,953,250
05/04/2022
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
9,823,600
05/04/2022
Par Value
USPS...............,Ultimate Sports, Inc. (OTC: USPS) Enters Negotiations to Acquire a Licensed Cannabis Producer in Colombia.
Press Release | 06/22/2022
The Company will enter into Agreements with Sannabis S.A.S. and Affiliate View Systems, Inc. (OTC: VSYM) to Acquire its Interest in Sannabis
Indiana-USA and Cali-Colombia, June 22, 2022 (GLOBE NEWSWIRE) -- Ultimate Sports, Inc. (OTC: USPS) (the ‘Company’), a Men’s Health services provider, announces negotiations to acquire Sannabis S.A.S., a Colombian cannabis company. Sannabis, and affiliated companies, hold all four cannabis licenses: Seed Use, THC-Cultivation, Non-THC (Hemp)-Cultivation, and Fabrication/Export. Copies of all 4 licenses available at https://www.sannabis.co/nuestras-licencias
Ultimate Sports, Inc. will acquire Sannabis S.A.S. and initiate a name change at closing. Colombia has become the premier supplier of cannabis around the World and continues to benefit from the international movement towards cannabis legalization. Sannabis has developed a product they believe may be prescribe by U.S. physicians in line with the Company’s current business model.
View Systems, Inc. (OTC: VSYM), developer of the ViewScan Concealed Weapons Detector, and Sannabis have an effective Memorandum of Understanding in place for VSYM to acquire Sannabis. View Systems has decided that its interest in Sannabis is better placed in a stake in USPS, which will acquire Sannabis. Final terms have not been decided and will be announced later. What should be clear is the stake is designed to give View Systems the means to manufacture new and improved ViewScans to install in schools across the country. View Systems, Inc. has seen an increase in inquiries with recent school shootings. View Systems has been securing High Schools for over 10 years, here’s an ABC News Clip of ViewScan detecting a student with 2 guns, https://www.wxyz.com/news/region/detroit/mumford-high-school-student-faces-charges-after-guards-find-gun-in-his-backpack
ViewScan is a walk-through portal that detects weapons without the need to empty pockets, for schools with thousands of students, this by far is the most effective solution. Some NYC schools use conventional metal detectors where students need to empty pockets causing long lines. As a student or visitor passes through the portal, a photograph is taken by the integrated camera system and stored. Threat objects are visually located on a computer screen and sends an audible alert to on-site or remote security personnel. To learn more about ViewScan, visit www.viewsystems.com
View Systems believes they can capitalize on their goodwill and track record when approaching new and existing school districts for new installations. The ViewScan praised in the 2019 newsclip was installed in 2011, along with 70 others in Detroit High Schools that are still in use today. View Systems believes they can approach these school districts to upgrade to wireless units. Fortunately, School Security is a top concern for most of the nation’s governors with increased budgets and grants available to localities.
View Systems, Inc. is in the process of finalizing their 2020 and 2021 audit reviews to become current with their SEC filings with more disclosures.
Sannabis is manufacturing products and hired a marketing company to begin an aggressive sales campaign in Colombia. While they get their cultivation and fabrication facilities built out, they purchase raw materials from a reputable licensed supplier and use third party laboratories.
Sannabis doctors are on call for telemedicine or in-office visits. The Sannabis Wellness Centers offer the only legal means to obtain raw cannabis in Colombia, where there are no dispensaries. They will be franchising out their business model in all cities in Colombia to give responsible medical cannabis users a safe place to learn to grow and store a traceable plant. The Sannabis Wellness Center offers a 4-session course that certifies the grower and issues
USPS.............Ultimate Sports, Inc. (OTC: USPS) Enters Negotiations to Acquire a Licensed Cannabis Producer in Colombia.
Press Release | 06/22/2022
The Company will enter into Agreements with Sannabis S.A.S. and Affiliate View Systems, Inc. (OTC: VSYM) to Acquire its Interest in Sannabis
Indiana-USA and Cali-Colombia, June 22, 2022 (GLOBE NEWSWIRE) -- Ultimate Sports, Inc. (OTC: USPS) (the ‘Company’), a Men’s Health services provider, announces negotiations to acquire Sannabis S.A.S., a Colombian cannabis company. Sannabis, and affiliated companies, hold all four cannabis licenses: Seed Use, THC-Cultivation, Non-THC (Hemp)-Cultivation, and Fabrication/Export. Copies of all 4 licenses available at https://www.sannabis.co/nuestras-licencias
Ultimate Sports, Inc. will acquire Sannabis S.A.S. and initiate a name change at closing. Colombia has become the premier supplier of cannabis around the World and continues to benefit from the international movement towards cannabis legalization. Sannabis has developed a product they believe may be prescribe by U.S. physicians in line with the Company’s current business model.
View Systems, Inc. (OTC: VSYM), developer of the ViewScan Concealed Weapons Detector, and Sannabis have an effective Memorandum of Understanding in place for VSYM to acquire Sannabis. View Systems has decided that its interest in Sannabis is better placed in a stake in USPS, which will acquire Sannabis. Final terms have not been decided and will be announced later. What should be clear is the stake is designed to give View Systems the means to manufacture new and improved ViewScans to install in schools across the country. View Systems, Inc. has seen an increase in inquiries with recent school shootings. View Systems has been securing High Schools for over 10 years, here’s an ABC News Clip of ViewScan detecting a student with 2 guns, https://www.wxyz.com/news/region/detroit/mumford-high-school-student-faces-charges-after-guards-find-gun-in-his-backpack
ViewScan is a walk-through portal that detects weapons without the need to empty pockets, for schools with thousands of students, this by far is the most effective solution. Some NYC schools use conventional metal detectors where students need to empty pockets causing long lines. As a student or visitor passes through the portal, a photograph is taken by the integrated camera system and stored. Threat objects are visually located on a computer screen and sends an audible alert to on-site or remote security personnel. To learn more about ViewScan, visit www.viewsystems.com
View Systems believes they can capitalize on their goodwill and track record when approaching new and existing school districts for new installations. The ViewScan praised in the 2019 newsclip was installed in 2011, along with 70 others in Detroit High Schools that are still in use today. View Systems believes they can approach these school districts to upgrade to wireless units. Fortunately, School Security is a top concern for most of the nation’s governors with increased budgets and grants available to localities.
View Systems, Inc. is in the process of finalizing their 2020 and 2021 audit reviews to become current with their SEC filings with more disclosures.
Sannabis is manufacturing products and hired a marketing company to begin an aggressive sales campaign in Colombia. While they get their cultivation and fabrication facilities built out, they purchase raw materials from a reputable licensed supplier and use third party laboratories.
Sannabis doctors are on call for telemedicine or in-office visits. The Sannabis Wellness Centers offer the only legal means to obtain raw cannabis in Colombia, where there are no dispensaries. They will be franchising out their business model in all cities in Colombia to give responsible medical cannabis users a safe place to learn to grow and store a traceable plant. The Sannabis Wellness Center offers a 4-session course that certifies the grower and issues
USPS...GREAT NEWS,BETTER GET THE LAST OF THE NICKLE SHARES.....JOKER
YALL BETTER GO GET THOSE NICKLE SHARES WHILE YOU CAN..........USPS.......059
USPS........NEWS.....JOKER
come to daddy you .012s