South Limb Gold Prospect

In November 2019, Ardiden reviewed the historical drilling data available at South Limb Gold Prospect located immediately south of the Dona Lake Underground Gold Mine currently being assessed by TSX-V listed Metals Creek Resources (TSX-V; MEK).  Ardiden owns 8km of favourable geological formation directly along strike from the Dona Lake Gold Mine.

Mined between 1987 and 1993, the underground Dona Lake Mine produced more than 246,500oz gold at 6.5 g/t Au to depths of 450m below surface. However, the surface footprint of the main lode was only 130m of strike length, emphasising the importance of depth testing below any anomalous near-surface values.

From the historical data at South Limb, Ardiden has outlined multiple targets that may provide opportunities for similar deep mineralised gold systems.  Drill targets are planned in a fold nose near DH 172-007 which reported 7.8g/t Au from 8m.  Drill targets are also planned on the southern iron formation to test known sulphide mineralisation.