Ardiden Limited (ASX: ADV) is an ASX-listed exploration company focused on creating shareholder value by building a significant gold resource at its Pickle Lake Gold Project located in north west Ontario, one of Canada’s most prolific gold mining districts.
The Pickle Lake Gold Project consists of 857 km2 of highly prospective connected landholding containing three gold deposits (Kasagiminnis, Dorothy and Dobie) and around 20 other identified brownfields and greenfields gold prospects.
The Company’s strategy is to systematically target and sensibly drill its highly prospective deposits and prospects to unlock value for shareholders while building a significant gold resource.
The Kasagiminnis (Kas) Gold Deposit has a maiden Inferred high-grade gold resource of 110,000oz (790,000t @ 4.3g/t Au) and in May 2020 the Company defined an exploration target of 500,000 oz to 1.2Moz @ 3.9 – 6.6g/t Au. The Kas Deposit represents only a small part of a connected and underexplored +120km strike length at the Pickle Lake Gold Project.
Ardiden also has 100% ownership of three quality hard rock Spodumene Lithium Projects in Ontario. The Company is monitoring the Lithium market closely and seeking to unlock value from its Seymour Lake, Root Lake and Wisa Lake lithium projects.
Ardiden has an experienced Board and Management team with international and Australian based expertise in exploration and production as well as corporate governance and capital raisings.