News Articles for Ardiden

Ardiden has announced that its managing director and chief executive officer Greg Romain will step down from his role, effective immediately.

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West Perth-based Asra Minerals has appointed experienced geologist and mining executive Rob Longley as its new Managing Director. Longley was General Manager Geology for Sundance Resources in Africa from 2007 to 2015 and CEO and MD of Helios Gold. His most recent position was CEO and MD of minerals explorer Ardiden and he is also a non-executive director of Green Technology Metals.

ASX-listed explorer Ardiden has sold off its interest in a lithium joint venture to partner and investee company Green Technology Metals in a deal worth up to $18.5 million.

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ASX-listed Ardiden Limited has secured a $500,000 improvement in the terms of its divestment of up to 80 per cent of its hard-rock lithium projects in north-west Ontario, Canada, to ASX hopeful Green Technology Metals. The duo will form a joint venture partnership that will see Green Technology buy the stake under a staged-payment structure for $9.2 million.

Ardiden has sealed a joint venture agreement in relation to its hard-rock lithium projects in Canada after new partner Great Northern Lithium gave the nod to acquiring an 80 per cent interest in the assets. Great Northern, which plans to change its name to Green Technology Metals, exercised its option to buy the stake for $8.7 million over the next 18 months.

Canada-focused Ardiden is set to shift its exploration efforts into higher gear at its Pickle Lake gold project in Ontario. The company is eyeing a maiden drilling campaign at the Esker prospect near Barrick Gold Corp's historical Golden Patricia gold mine which produced more than 600,000 ounces of gold. Previous drill intercepts at Esker include 12.03m at 3.2 grams per tonne gold.

Ardiden Limited is set to receive an $8.7m shot in the arm from the proposed sale of 80 per cent of its lithium assets in Canada. The sale will allow the company to focus on the Pickle Lake gold project whilst retaining some lithium upside courtesy of a proposed 20 per cent free carried interest in the lithium assets to be sold.

Ardiden's three hard-rock lithium projects in north-west Ontario, Canada may be in play as the company weighs up options to advance its lithium asset portfolio. One of the projects already hosts a resource of 4.8 million tonnes of ore grading 1.25 per cent lithium oxide. Management says it is evaluating strategic alternatives for the projects including retention, potential sales, spin-offs, joint ventures or business collaborations.

ASX-listed Canada gold explorer, Ardiden has the drill rods spinning again in northwest Ontario, chasing the untested easterly strike of its Kasagiminnis gold deposit as it looks to build on the existing 110,000 ounces at 4.3 g/t gold already inferred. Ardiden's latest suite of drill holes are vectoring in on an untested section of around 1.5km in strike length.

Ardiden has picked up an encouraging hint of gold-bearing mineralisation similar to that of an adjoining historical high-grade gold mine from drilling at one of its high-priority brownfields targets within its Pickle Lake gold project in north-west Ontario, Canada. The company's South Limb prospect is located immediately along strike of the former Dona Lake mine, which produced 246,500 ounces of gold from ore grading 6.6 g/t before closing in 1993.

Ardiden has ploughed into its winter drilling campaign at the South Limb prospect in Canada where the company has designed a seven-hole program across the prospect, which lies only 500 metres along strike from the high-grade Dona Lake gold mine. The drill rig is scheduled to head back to the company's flagship Kasagiminnis deposit following the completion of drilling at South Limb.

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ASX-listed Canada gold explorer, Ardiden, has skidded into the northern winter festive season with plans to fan out the drilling coverage at its Pickle Lake gold project in north-west Ontario beyond the promising 110,000-ounce Kasagiminnis gold deposit to test a couple more underexplored, brownfields prospects.

Ardiden Limited has pulled out its exploration tool-kit as it ramps up its field program at Pickle Lake in Ontario, Canada. The company is deploying a raft of innovative exploration techniques as it tracks down the hidden gold endowment within its tenure. The program has included the use of drone-based geophysical surveying, surface geochemistry and ongoing drilling over the high-grade Kasagiminnis gold deposit.

ASX-listed Canada-focused gold explorer, Ardiden, has sniffed out encouraging high-grade gold hits from a diamond drill program designed to probe deeper into the Kasagiminnis deposit at its Pickle Lake gold project in north-west Ontario. According to the Perth-based company, drilling results continue to demonstrate extensions to gold mineralisation and gold grades strengthening at depth.

Canadian focused gold explorer, Ardiden Limited, has lit up an array of large-scale structural targets around its New Patricia gold prospect in north-western Ontario following an initial review of its freshly acquired airborne magnetic and radiometric geophysical data. The data includes its Esker prospect which is being likened by Ardiden to Newmont's 5Moz operating Musselwhite gold mine.

ASX-listed Canadian focused gold explorer, Ardiden, has firmed up its wholly-owned South Limb prospect in north-western Ontario having completed all the permitting requirements to enable exploration activities to advance. South Limb, which is a highly prospective brown-fields property, lies directly along strike from the historical Dona Lake gold mine and is one of 18 prospects being lined up for exploration.

ASX-listed, Canada-focused gold explorer, Ardiden, has fired up the rotors for a detailed airborne geophysical survey of its Pickle Lake gold project in north-western Ontario with a focus on the exciting brownfields New Patricia prospect. The company's recently commenced helicopter survey marks 45 years since the Ontario Geological Survey unit carried out regional first-pass aerial work over the historic mining area.

Ardiden has sunk a golden hole in one with the maiden drill hole of its diamond drilling program at the Kasagiminnis project in Canada intersecting visible gold. The early hit bodes well for the current exploration program over the deposit and demonstrates that the company has a good handle on the controls of the gold mineralisation at depth. Drilling continues and is designed to significantly boost the current resource over the coming months.

Ardiden has launched into drilling at the Kasagiminnis gold deposit in Canada. The company has dispatched internationally renowned contractor Major Drilling to the site with the rods now spinning under the watchful eye of Ardiden's exploration manager, Dan Grabiec. The company is set to drill into the Canadian winter as it goes about drilling out a new resource for the deposit.

Ardiden has cleared the way for drilling to commence at its 110,000-ounce Kasagiminnis gold deposit in Canada. The company has now received a permit to undertake exploration, completed its consultation with the first nation groups and engaged a drilling contractor to kick off its exploration program over the under-explored gold deposit during the current summer season.

ASX-listed Canada gold explorer, Ardiden, is gearing up for a very detailed airborne geophysical survey of the New Patricia prospect at its high-grade Pickle Lake gold project in north-western Ontario in Canada as the historic mining area gets its first taste of aerial survey work in 45 years.

Black Cat Syndicate has launched a $10 million share placement, with three other Western Australian-based explorers also seeking funds to progress their gold and copper projects.

Ardiden Limited has racked and stacked a grab bag of gold prospects at its Pickle Lake project in Canada where the Perth based explorer is spoilt for choice when it comes to aiming a drill rig at them. To-date it has packaged up 18 advanced prospects and 100-plus geophysical targets identified right across the project that already has a resource.

Canadian-focussed Ardiden Limited is all set to kick off a diamond drilling program at the Kasagiminnis deposit where recent work adds significant weight to the prospectivity of its Pickle Lake project. The Kasagiminnis deposit contains a maiden resource of 110,000 ounces grading 4.3 grams per tonne gold and the company has set an exploration target of between 500,000 and 1.2m ounces.

ASX-listed gold explorer, Ardiden Limited has secured land access rights to continue exploration for extensions to its 110,000-ounce gold resource at the Kasagiminnis gold project after executing a binding MOU with the Mishkeegogamang First Nation of Ontario group in Canada. The Kasagiminnis resource of 790,000 tonnes at an impressive 4.3 grams per tonne gold covers only 600m of the prospective 5.6km strike length of the project.

Ardiden Limited has amassed a huge land bank after securing 165 square kilometres of prospective leases adjacent to its Pickle Lake gold project in Ontario, Canada, taking its total land-holding in the gold-rich greenstone belt to 664 square kilometres. Ardiden said its lease position is the largest in the region and comparable with the world class Red Lake gold district located approximately 200 kilometres west of Pickle Lake.

Ardiden Limited has pegged a large number of new land claims along a 100km stretch of the gold-rich greenstone belt that hosts its Pickle Lake gold project and other historical mines in Ontario, Canada. The freshly staked claims take Ardiden's total land holdings in the region to more than 500 square kilometres and add exploration targets to its existing inferred resource of 110,000 ounces of gold at Pickle Lake.

Ardiden has opened the vaults of its Pickle Lake gold project in Ontario, Canada and discovered a swag of historical exploration records that cover its newly acquired Dorothy-Dobie and New Patricia properties that are along trend from Barrick Gold's historical Golden Patricia mine. One 0.5m historical drill intercept showed a stellar 472.8 g/t gold, providing a touch of excitement for the Perth based company.

Ardiden Ltd has invited veteran Geologist and its current CEO, Rob Longley, to step up into the Managing Director's chair as the company sets its sights firmly on its Canadian gold exploration and development assets. Mr Longley recently drove the doubling of Ardiden's ground position at its Pickle Lake gold camp in Canada where it is sitting on an initial resource of 110,000 ounces grading a respectable 4.4g/t gold.

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Ardiden Limited has more than doubled the size of its Canadian exploration play by sweeping up a swathe of new claims, forming a contiguous ground package over a very prospective greenstone belt that historically produced some three million ounces of gold. The claims, known as the New Patricia gold prospect, now gives the ASX-listed explorer a dominant ground position spanning over 90 kilometres across the Pickle Lake gold camp.

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ASX listed explorer, Ardiden, has identified a swathe of new targets across the West Pickle and Pickle Lake prospects at its gold play in Ontario, Canada. The targets were identified using a combination of airborne magnetic, electromagnetic or “EM” geophysical surveys and historical data. The company also holds the Kasagiminnis deposit that holds a resource of 110,000 ounces grading at a very respectable 4.4g/t gold.