![]()
Canadian-focused lithium explorer and developer, Ardiden Limited ("ADV" or "the Company") (ASX:ADV), is pleased to announce further high-grade lithium results from its highly-prospective North Aubry prospect, located within the Company's 100% owned flagship Seymour Lake Lithium Project in Ontario, Canada.
HIGHLIGHTS:
- The Resource expansion drilling program has delivered further success with 13 drill holes completed thus far
- Significant results from the first five holes include:
o ASD001: 10.29m* @ 1.07% Li2O from 78.78m;
o ASD003: 5.93m* @ 1.58% Li2O from 157.46m;
o ASD004: 21.85m* @ 0.99% Li2O from 173.64m
(including 8.72m* @ 2.42% Li2O from 178.00m)
o ASD005: 26.9m* @ 1.58% Li2O from 188.00m
(including 9.05m* @ 2.88% Li2O from 203.95m)
(including 1.00m @ 4.45% Li2O from 211m)
*Note: stated lengths of intersections are down-hole lengths and the true thickness of the intersected pegmatites is not yet known and requires additional drilling to determine actual true thickness.
- All drill holes completed to-date have intersected spodumene-bearing pegmatites at various depths
- Assays from holes ASD006 to ASD0013 are expected to be available for release to the market over the coming weeks
- These latest results continue to demonstrate the significant potential of Seymour Lake to define a substantially larger Mineral Resource at North Aubry than previously indicated
The main priority of the current 3,000m Resource expansion drill program is to identify additional high-grade lithium mineralisation, to increase both the size and scale of the Seymour Lake project.
The current drill program has completed thirteen holes thus far (drill holes ASD001 to ASD013) with all drill-holes intersecting multiple pegmatites at various depths. Assay results for the first five holes have been received by the Company, attached as Appendix 1 and are summarised in Table 1(see link below).
Commenting on the on-going drilling success at North Aubry, Ardiden CEO and Executive Director, Brad Boyle stated: "These latest high-grade assay results, in conjunction with previous drilling success continue to confirm substantial mineralisation extensions of the North Aubry deposit. The consistency in the mineralised zones around the North Aubry prospect, including the identification to the North of new overlying spodumene bearing pegmatite dykes are very encouraging, and reinforces our strong belief in the potential of Ardiden's landholdings to add significant tonnage to the already defined high-quality resource at North Aubry."
NORTH AUBRY RESOURCE DRILLING: PROGRESS UPDATE
The completion of detailed mapping of the North Aubry pegmatite and surrounding area (see Figure 1 in link below) in May 2018, along with the results of the Ground Penetrating Radar (GPR) survey completed earlier in the year, led to the conclusion that there was significant potential at the North Aubry prospect to discover additional pegmatites (see Figure 2 in link below) and to define a significantly larger Mineral Resource.
The early success from the current drill-program has further supported the exploration work completed with the identification of new spodumene-bearing pegmatite dykes, intersected by holes ASD002 - ASD005 overlying the main North Aubry pegmatite dyke, as shown in Figures 5, 6 and 7(see link below).
The possible presence of these pegmatite dykes was suggested by the data compiled from the GPR survey completed earlier this year. Confirmation of these pegmatite dykes validates Ardiden's exploration model in which the North Aubry prospect and surrounding area is comprised of a series of "stacked" spodumene-bearing pegmatites within a zone extending towards the northeast.
The final phases of the current drilling program will test the continuity and potential size of these recently discovered pegmatites.
Following completion of the Resource expansion drilling program, Ardiden will commence the next phase of their strategic drill program in mid-October 2018. This drill program will test the areas northeast and south of the North Aubry prospect, areas which the Company believes offer significant potential to discover additional economically significant spodumene-bearing pegmatite dykes.
The latest assay results from North Aubry support this strategic decision, and continue to reinforce the Company's targeted exploration program, which will assist in growing Seymour Lake in size and scale, with the primary aim of significantly increasing the size of the existing North Aubry Mineral Resource.
CONCLUSION
These latest high-grade assay results are very encouraging for Ardiden as they reconfirm the high-quality nature and consistency of the lithium mineralised zones around the North Aubry prospect.
The on-going drilling program has also confirmed the presence of additional pegmatite dykes identified in the GPR survey which validate Ardiden's exploration model that the North Aubry prospect and surrounding area is comprised of a series of "stacked" spodumene-bearing pegmatites. These results are very encouraging and reinforces Ardiden's strong belief in the potential of the Seymour Lake Lithium project to host a number of significant Lithium deposits.
Ardiden looks forward to providing further market updates as the information becomes available.
To view tables and figures, please visit:
http://abnnewswire.net/lnk/PU3N1Z1G
Investors:
Brad Boyle
Ardiden Ltd
Tel: +61-8-6245-2050
Media:
Michael Weir / Cameron Gilenko
Citadel-Magnus
Tel: +61-8-6160-4900
Collaborate Corporation Limited (ASX:CL8) (Collaborate or the Company) is pleased to provide an updated Investor Presentation which incorporates feedback from discussions with stockbroking firms and institutions, further detail on current business strategy and initiatives and full FY18 results. 
Kingston Resources Limited (ASX:KSN) (Kingston or the Company) is pleased to provide an update on its ongoing regional exploration activities at the Company's flagship 2.8Moz Misima Gold Project in Papua New Guinea. 
Eon NRG Limited (ASX:E2E) (OTCMKTS:ICRMF) ("the Company" or "Eon") is pleased to announce the successful acquisition of 15,111 gross/net acres of oil and gas leases in the Powder River Basin across three counties in Wyoming, USA. 
Thomson Resources Ltd (ASX:TMZ) provides the Company's Annual Report. 
Join Ellis Martin for a conversation with Jerome Jabbour, CEO and Director of Matinas Biopharma (NYSEAMERICAN:MTNB). Matinas BioPharma proprietary, disruptive technology utilizes a lipid nano-crystal (LNC) platform technology which can encapsulate small molecule drugs, ologonucleotides, vaccines, peptides, proteins and other medicines potentially making them safer, more tolerable, less toxic and orally bioavailable. Mr. Jabbour discusses the significance of Amarin's (NASDAQ:AMRN) recent share upsurge Monday after the biopharmaceutical company's fish oil capsule showed dramatic benefits to heart patients in a clinical trial. Prescription Omega 3 has a path to a possible 30 million potential users in the US alone. 
Mithril Resources Limited (ASX:MTH) provides the Company's 2018 Annual Report. 
Speedcast International Limited (ASX:SDA) (OTCMKTS:SPPDF) ("Speedcast"), the world's most trusted provider of remote communication and IT solutions, today announced it has successfully priced the US$175 million incremental term loan add-on (the "Incremental Term Loan") to its existing US$425 million US Term Loan B facility (due 2025) (the "Existing Term Loan"). The Incremental Term Loan and the Existing Term Loan will have the same terms, including interest margin, and will be priced at LIBOR plus 2.75% p.a., which is a 0.25% p.a. increase on the current interest margin under the Existing Term Loan. 
Liquefied Natural Gas Limited (ASX:LNG), (OTCMKTS:LNGLY) (LNGL or the Company) through its 100% owned project company, Magnolia LNG, LLC (Magnolia) and Meridian LNG Holdings Corporation (Meridian LNG) have agreed to extend the financial close date of their legally binding offtake agreement to 31 December 2018. This three-month extension continues to allow both parties to maintain commercial flexibility. All other provisions of the governing agreements not specifically amended by this extension remain in full force and effect. 
Following the recent completion of the acquisition of Finsure and associated capital raising, Goldfields Money (ASX:GMY) is well positioned as Australia's new revolutionary digital bank, distributing first class products through a largely branchless distribution network. A bank without the bank. 
Canadian-focused lithium explorer and developer, Ardiden Limited ("ADV" or "the Company") (ASX:ADV), is pleased to announce further high-grade lithium results from its highly-prospective North Aubry prospect, located within the Company's 100% owned flagship Seymour Lake Lithium Project in Ontario, Canada. 
MMJ PhytoTech Limited (ASX:MMJ) (OTCMKTS:MMJJF) ("MMJ") is pleased to note the attached media release (see link below) confirming that Bien Ventures Ltd. ("Bien") aims to establish a cannabis derivatives manufacturing facility in Calgary AB in which it will develop proprietary intellectual property ("IP") for nanoemulsions and powdered forms of CBD and THC. 
The Directors of Venus Metals Corporation Limited (ASX:VMC) (or the Company) are pleased to announce that the Xcite HEM survey flown by NRG over its 100% owned Greenbushes East VMS Project was successfully completed. 
Hastings Technology Metals Limited (ASX:HAS) is pleased to announce completion of a major milestone in the environmental approvals process for the Yangibana Rare Earths Project. Hastings has completed the scope of works in the Environmental Protection Authority (EPA) approved Environmental Scoping Document to the satisfaction of the EPA and decision making authorities (key stakeholders). 
Marquee Resources Limited ("Marquee" or the "Company") (ASX:MQR) is pleased to provide the following update regarding its Werner Lake Cobalt project ("Werner Lake"), located in Ontario, Canada. 
Australian gaming token PlayChip has announced its official listing on HitBTC, a top-10 cryptocurrency exchange by market cap.
White Rock Minerals Ltd (ASX:WRM) provides the Company's Annual Report to shareholders. 
Core Exploration Ltd (ASX:CXO) provides the Company's 2018 Annual Report to Shareholders. 
White Cliff Minerals (ASX:WCN) ("White Cliff", "the Company") advise that it has appointed Mr Ian Hobson as Company Secretary effective 28 September 2018. 
Queensland Bauxite Ltd (ASX:QBL) Prospectus has been prepared for an offer of up to 170,000,000 new Shares at an issue price of $0.035 per Share to raise up to $5,950,000, with a minimum subscription of $1,995,000 together with one (1) free attaching Option for every two (2) Shares subscribed for and issued. 
MNF Group Ltd (ASX:MNF) provides the Company's Annual Report 2018. 
