Ardiden Resources begins drilling at Root Lake

Published at May 10, 2016, in Small Caps

Ardiden Resources (ASX:ADV) has begun its maiden drilling program at the Root Lake Lithium Project in Ontario, Canada.

The diamond drilling has commenced following the completion of access to roads and site preparation including drill pads at site.

Subject to results the initial programme may comprise up to 600m of diamond drilling.

Site conditions have been favourable and ADV has confirmed that the first hole has successfully intersected the key spodumene-bearing pegmatite structures which are the main target of the drilling programme.

Preparation is now underway for the remaining drill holes.

A limited site survey at the location has identified additional large outcropping pegmatite structures to the north of the current drilling sites at the McCombe pegmatite.

The drill core will be logged, cut and prepared and once that is completed, drill samples will be sent for assaying and metallurgical testing.

The drill programme is designed to test and confirm significant reported historical lithium drill results at Root Lake.

The purpose of this programme is also to help define the boundaries of the main outcropping spodumene-bearing pegmatite structures which host the lithium mineralisation at the project.

The drilling will underpin the Company’s due diligence review of Root Lake.

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.

Conflict of Interest Notice

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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The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

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