Ardiden Ltd: Quarterly Activities Report

30.04.2019  |  ABN Newswire

Perth, Australia - Ardiden Ltd. (ASX:ADV) provides the Company's Quarterly Activities Report.

HIGHLIGHTS

SEYMOUR LAKE LITHIUM PROJECT - Ontario (100%-owned)

- Ardiden completed an updated Mineral Resource estimate at Seymour Lake resulting in an aggregate Mineral Resource of 4.83Mt @ 1.25% Li2O and 186ppm Ta2O5 reported in accordance with the JORC Code (2012)

- The upgraded Mineral Resource is comprised of:

o North Aubry Deposit

-- Indicated Mineral Resource of 2.13Mt @ 1.29% Li2O & 210ppm Ta2O5

-- Inferred Mineral Resource of 1.7Mt @ 1.5% Li2O & 189ppm Ta2O5

o South Aubry Deposit

-- Inferred Mineral Resource of 1.0Mt @ 0.8% Li2O & 128ppm Ta2O5

- The upgraded estimate represents a 400% increase from the previously reported Maiden Mineral Resource of 1.23Mt @ 1.43% Li2O (October 2017)

- Significant spodumene mineralisation extends beyond the defined Mineral Resource of the North Aubry Lithium Deposit

To view the full report, please visit:
http://abnnewswire.net/lnk/6511700M

About Ardiden Ltd:

Ardiden Ltd. (ASX:ADV) is an emerging international diversified exploration and development company possessing a mature multi-element asset portfolio, with a near term development pipeline, focused quality projects located in the established mining jurisdiction of Ontario, Canada.

Source:

Ardiden Ltd.

Contact:

Investors: Neil Hackett Ardiden Ltd. Tel: +61-8-6245-2050 Media: Michael Weir / Cameron Gilenko Citadel-Magnus Tel: +61-8-6160-4900