Ardiden to begin maiden drilling program at Root lake

Published at May 2, 2016, in Juniors

Ardiden Limited (ASX:ADV) is set to commence drilling at the recently secured Root Lake Lithium Project in Ontario, Canada in the coming week.

Drilling will begin following receipt of all the required approvals and selection of a drilling contractor.

The rig will be moved to site in the coming week and drilling will commence soon after.

Key approvals are the catalyst for Ardiden to undertake a due diligence exploration program comprising approximately 600m of diamond core drilling.

The program is intended to test and confirm significant reported historical lithium drill results at the McCombe pegmatite. The program will also help to define the boundaries of the main spodumene-bearing pegmatite structures which host lithium mineralisation at the project.

With over 10,000m of historical diamond drilling, the Root Lake Project is known to host significant lithium-beryllium-tantalum mineralisation which will be confirmed by the due diligence drill program.

The Project is located close to vital infrastructure including a skilled mining workforce.

Results of the upcoming drilling and exploration program will give Ardiden the information it seeks to make a detailed assessment about the potential of the Root lake Lithium Project before exercising its option to purchase.

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

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S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

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