The Brownfields South Limb Gold Prospect is 100% owned by Ardiden and has no earn-in liabilities. At least 26 local drill targets have been identified along 9km of prospective strike length. The east and west block, defined by a UAV magnetic survey, contain the highest priority areas.
Ardiden has completed 1,293m at the South Limb prospect (refer ASX announcement 16 June 2020).
South Limb is situated 17km north-east of Kasagiminnis and approximately 10km south of First Mining Gold’s (TSX-V: FF) Pickle Crow Gold Mine.
South Limb also directly adjoins Newmont’s Dona Lake Gold Mine,. The Dona Lake underground Gold Mine produced 246,500oz of gold at 6.6g/t Au* to a depth of 450m until its closure in 1993 as a result of a weak gold price. Ardiden owns 8km of favourable geological formation directly along strike from the Dona Lake Gold Mine.
Figure 1: Ardiden’s South Limb Prospect.
Figure 2: Planned drilling to the South of Dona Lake Mine.
Figure 3: Planned drilling over the Western region.