Ardiden Limited (ASX: ADV) is an ASX-listed exploration company focused on creating shareholder value by systemically exploring at the 100% owned Pickle Lake Gold Project located in north west Ontario, one of Canada’s most prolific gold mining districts.
The Company’s District-Scale Gold Project is the largest contiguous gold land holding in the Uchi Belt, where Barrick, Newmont, Kinross, and Evolution all hold significant gold mine and exploration assets. Ardiden’s strategic landholding is situated on the same geological belt as Red Lake, the ‘Uchi’ Subprovince, which has produced over 30M oz of gold to date and where new Tier-1 gold discoveries are still being made, such as the Great Bear Project, which is now under new ownership following the successful CAD$1.6 billion acquisition by Kinross.
During 2021-2022, Ardiden sold the whole of the Seymour, Wisa and Root Lake Lithium projects to Green Technology Metals Limited (ASX: GT1) . The sale was conducted over 3 tranches and delivered in excess of $19M and a 13M GT1 shares.
Ardiden has an experienced Board and Management team with a proven track record to deliver world class projects.