Ardiden Limited · ASX:ADV
Ardiden — Shareholder Meeting (November 2019)
18 slides from Ardiden's shareholder meeting presentation, Nov 21, 2019
Slide 1: AGM Presentation
ONTARIO GOLD AGM Presentation Rob Longley, Ardiden CEO 21 November 2019 ASX Code: ADV
Slide 2: Disclaimer
Disclaimer Forward Looking Statement This announcement may contain some references to forecasts, estimates, assumptions and other forward-looking statements. Although the company believes that its expectations, estimates and forecast outcomes are based on reasonable assumptions, it can give no assur
Slide 3: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE ASX TICKER ADV SHARES ON ISSUE 1.6B OPTIONS ON ISSUE 79M SHARE PRICE (AS AT 20 NOVEMBER 2019) $0.004 MARKET CAP $6.4M CASH (AS AT 30 SEPTEMBER 2019) $2.9M TOP 20 SHAREHOLDERS 21%
Slide 4: North America - Gold Attraction
NORTH AMERICA - GOLD ATTRACTION • Australians moving in; Asset quality, low geopolitical risk • Emerging Tier-1 gold jurisdiction • Ardiden’s 100%-owned gold assets in northwest Ontario. 4
Slide 5: Ardiden's Strategy
ARDIDEN’S STRATEGY Large portfolio of outstanding 100% owned gold assets in a Tier-1 mining jurisdiction Focused on highly-prospective Pickle Lake Gold Project which offers excellent upside potential Delivered a Maiden high-grade JORC Resource of 110,000 oz at 4.3g/t Au at Kasagiminnis, open along s
Slide 6: Pickle Lake Gold Camp, Ontario
PICKLE LAKE GOLD CAMP, ONTARIO • Ontario Gold Production - 2.5Moz Au in 2018 • Archean Greenstone Belts of the Canadian Shield 6
Slide 7: Pickle Lake – Red Lake
PICKLE LAKE – RED LAKE • Red Lake Gold district has produced more than 27 Moz Au: Newmont- Goldcorp Mines dominant. • 250km of prospective geology extending east to Pickle Lake Gold Camp (+3 Moz Au production) 7
Slide 8: High-Grade Pickle Lake Gold Camp
HIGH-GRADE PICKLE LAKE GOLD CAMP • Proven area of high-grade gold production: 3 Moz Au • Proximity to Thunder Bay for suppliers, services and consumables 8
Slide 9: High-Grade Pickle Lake Gold Camp
HIGH-GRADE PICKLE LAKE GOLD CAMP • Ardiden has advantageous position for aggregation of gold prospective tenure 9
Slide 10: Pickle Lake - Infrastructure
PICKLE LAKE - INFRASTRUCTURE • Well located in Canada’s mining hub of Ontario – Canada’s largest gold-producing Province • 8km from Pickle Lake Town (Pop. ~500) • 350km north of regional mining center of Thunder Bay (Pop. ~100,000) • Flights from Thunder Bay to Pickle Lake or drive via sealed highwa
Slide 11: Seymour Lake Lithium Project
SEYMOUR LAKE LITHIUM PROJECT • Expansion drilling completed, resulting in a 400% increase • Mineral Resource of 4.8Mt @ 1.25% Li2O (JORC 2012) • Plus Exploration Target of 4.5Mt – 7.2Mt at 0.8% - 2.4% Li2O Note: The quantities and grades stated for all Exploration Targets is conceptual in nature and
Slide 12: MOU Rock Tech Lithium Inc (TSX-V: RCK)
MOU ROCK TECH LITHIUM INC (TSX-V: RCK) Develop potential downstream processing facilities at Thunder Bay • Potential to supply Spodumene concentrate at 6-7% Li2O, from combined projects – Seymour Lake and Georgia Lake • Multiple beneficial synergies – located close to: • Railway • Power supply • Reg
Slide 13: Upcoming Newsflow
UPCOMING NEWSFLOW • Review of Dorothy-Dobie Gold Prospect historical data • Winter drill campaign 2020 at Kasagiminnis to extend maiden 110,000 oz @ 4.3 g/t Au Resource • Site visits and relationship-building with Local Stakeholders and First Nation groups 13
Slide 14: Social Responsibility
SOCIAL RESPONSIBILITY • Ardiden is working closely with First Nations groups and stakeholders across its projects • Ensuring nearby First Nation Communities’ cultures and traditional activities are respected • Negotiation and agreement with First Nations groups before exploration activities • Implem
Slide 15: November 'CEO Site Visit' 2019
NOVEMBER ‘CEO SITE VISIT’ 2019 ThunderBay Port Facility Exploration Manager Dan Grabiec and CEO Rob Longley at Pickle Lake SouthLimb Mineralized Outcrop 15
Slide 16: Ardiden Ltd: 'ADV' - Thank You
ARDIDEN LTD : ‘ADV’ - THANK YOU Contact details: Investor Relations: Rob Longley Karen Oswald CEO, Ardiden Ltd NWR Communications +61 8 6245 2050 + 61 423 602 353 info@ardiden.com.au karen@nwrcommunications.com.au 16 www.ardiden.com.au
Slide 17: Appendix - Board of Directors
APPENDIX - BOARD OF DIRECTORS Neil Hackett A Director with 25 years practical experience with ASX200 resources entities, diversified industrials, funds management, Non-Executive Chairman and ASIC. Currently Non-Executive Director of Calima Energy Ltd (ASX:CE1), Non-Executive Director of Hastings (Ho
Slide 18: Senior Management
SENIOR MANAGEMENT Rob Longley A qualified Geologist with a First-Class Honours Degree from the University of Western Australia and holds Chief Executive Officer extensive exploration and mining experience within the gold, nickel, cobalt, lithium and iron ore sectors. Mr Longley was most recently Man