Thick mineralised intersection in hole DB22- 01 of 8.5m @ 4.05 g/t Au from 92.Sm at the Dobie, Deposit is in keeping with historical estimates Within a broader mineralised envelope of 26.51m@ 2.1g/t Au from 77.8m
Dorothy Deposit intersection in hole DR22-02 of 2.48m @3.40g/t Au from 50.52m, was slightly below historical estimates, Within a broader mineralised envelope of 38.48m @ 0.97g/t Au from 50.52m'
Tonsil Deposit intersected high grade mineralisation consistent with the Golden Patricia formation: DD22-02 0.86m @ 62.8 g/t Au from 115.0m o DD22-14A 0.Sm @8.68 g/t Au from 64.62m o DD22-13 0.Sm @3.21g/t Au from 60.00m
1 holes left to report from total 43-hole programme at the Western Hub
Eight new Exploration Permits awarded throughout the district-scale Pickle Lake Gold Project
Pickle Lake Gold Project is now permitted along a 100km strike length, offering multiple highly prospective brownfields gold targets in the Western Hub 100% ownership of New Patricia (Esker Prospect) targeted for completion prior to calendar year-end
Permitting success is testament to Ardiden's enactment of responsible ESG principles and underpins our excellent reputation and good standing in the region as responsible operators with both Stakeholders and Permitting agencies
At 1,088km2
{108,800 hectares) Ardiden is the second largest gold landholder in the Uchi Region of NW Ontario, just behind Evolution Mining's gold projects at the Red Lake and Pickle Lake Districts
Ardiden Limited (ASX: ADV) ('Ardiden' or 'the Company') is pleased to announce 16 additional exploration drilling results that further illustrate the belt scale potential across the Western Hub of its Pickle Lake Gold Project (Figure 1-Table 1). Ardiden's district-scale 1,088km2 gold landholding is located east of Red Lake in the well-endowed Uchi Geological sub-province of north-western Ontario, Canada.
Commenting on the drill programme and assays from Canada, Ardiden Exploration Manager Haydn Daxter said: 'These results confirm our targeting strategy along the Golden Patricia trend and supports our broader vision for what we anticipate at Pickle Lake as we better understand the controls of gold mineralisation and work towards opportunities to make significant discoveries. These new results allow us to build confidence around our geological model. The remaining 11 completed holes from the Western Hub drill programme are expected to be reported in October as final assay results arrive from Canada and are analysed.'
Dobie Prospect:
Recent intersections at the Dobie Prospect highlight a broad mineralisation envelope within the secondary structure that is evident within DB22-01 displaying 26.51m @ 2.1 g/t Au from 77.8m downhole, with a thick zone of 8.5m@ 4.05 g/t Au (Figure 2). Reslts from DB22-02 reported 0.5m@ 1.17 g/t Au, and 0.5m@ 0.79 g/t Au from 137.5m downhole. DB22-02A (66m) reported no significant assays above the cut-off grade of 0.5 g/t Au. These holes highlight the structural complexity and nature of gold mineralisation at the Pickle Lake Gold Project with high grade mineralisation evident in the two drill holes reported. Both holes represented mineralisation that is within a dilation zone, and potentially offset shearing while adopting a steeper plunge of the mineralisation zone in DB22-02 that requires further testing.
Commenting on the receipt of these early-stage exploration permits for the Company's Pickle Lake Gold Project, Ardiden Exploration Manager Haydn Daxter said:
'The team is extremely pleased that work permits are being awarded to the Company without delay which is built largely on Ardiden's regular consultation with First Nation groups and other stakeholders across the area, and our willingness to accommodate cultural and seasonal traditions in designing our work activities across the expansive gold project. Ardiden now has a large choice of areas to work, and we are continually pursuing opportunities to engage with local services and labour as part of our ESG initiatives in Ontario, Canada.'
Competent Persons Statement
The information in this report that relates to Exploration Results and Exploration Targets at the Pickle Lake Project is based on, and fairly represents, information and supporting documentation prepared by Mr Haydn Daxter, a Member of the Australian Institute of Geoscientists. Mr Daxter is a full-time employee at Ardiden Limited. Mr Daxter has sufficient experience which is relevant to the style of mineralisation and type of deposit and to the activity which they are undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Daxter consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.
This information is authorised for ASX release by the Board of Directors. For further information:
Contact:
Investors
Bruce McFadzean
Non-Executive Chairman
Tel: +61 8 6184 5938
E: info@ardiden.com.au
Media
David Tasker
Chapter One Advisors
Tel: +61 (0) 433 112 936
E: dtasker@chapteroneadvisors.com.au
ARDIDEN LIMITED 
