Ardiden Limited · ASX:ADV
Ardiden — Corporate Update (October 2019)
20 slides from Ardiden's corporate update, Oct 17, 2019
Slide 1: Ardiden - Ontario Gold Shareholder Update Presentation
Ardiden - Ontario Gold West Australia Ardiden Shareholder Update Presentation Rob Longley, Ardiden CEO 16 October 2019 ASX Code: ADV
Slide 2: Disclaimer
Disclaimer Forward Looking Statements This document contains certain forward-looking statements that are not statements of historical fact. Investors can identify some of these statements by forward-looking terms such as ‘expect’, ‘ believe’, ‘plan’, ‘intend’, ‘estimate’, ‘anticipate’, ‘may’, ‘will’
Slide 3: North America - Gold Attraction
NORTH AMERICA - GOLD ATTRACTION • Australians moving in; Asset quality, low geopolitical risk • Emerging Tier-One gold jurisdiction • Ardiden’s 100%-owned gold assets in northwest Ontario. 3
Slide 4: Ardiden Fundamentals
ARDIDEN FUNDAMENTALS Portfolio of outstanding 100% owned gold assets in a Tier-1 mining jurisdiction Highly-prospective Pickle Lake Gold Project offers excellent upside potential Delivering - Maiden high-grade JORC Resource of 110,000 oz at 4.3g/t Au at Kasagiminnis, open along strike and at depth D
Slide 5: 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 5
Slide 6: 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) 6
Slide 7: Pickle Lake – Red Lake
PICKLE LAKE – RED LAKE • Well-established mining jurisdiction • The Pickle Lake to Red Lake Gold District is comparable with WA’s north-eastern Goldfields 7
Slide 8: Pickle Lake - Existing Infrastructure
PICKLE LAKE -EXISTING 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 seale
Slide 9: 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 9
Slide 10: Pickle Lake Historical Production
PICKLE LAKE HISTORICAL PRODUCTION • Underground Mine Development to depths of over 1.2km below surface • Ardiden’s Kasagiminnis 110,000 oz Au JORC Resource to 280m below surface only • NI43-101 Inferred Resource at Pickle Crow of 1.23MOz @4.1 g/t Au (First Mining Gold Corp) 10
Slide 11: Pickle Lake Historical Production
PICKLE LAKE HISTORICAL PRODUCTION • Four u/g gold mines at Pickle Lake extracted 3 Moz of high-grade gold ore 1935-1997 • Golden Patricia comparable with Western Australia’s Bellevue mine history 11
Slide 12: Focused on the Drill Bit
FOCUSED ON THE DRILL BIT • +12km of prospective strike length at 100%-owned Dorothy-Dobie Prospect 12
Slide 13: Upcoming Newsflow
UPCOMING NEWSFLOW • Drone survey and test drilling at South Limb Prospect • Airborne geophysical survey at West Pickle Prospect • Review of Dorothy-Dobie historical data and resource estimates • Winter drill programme at Kasagiminnis to extend maiden 110,000 oz @ 4.3 g/t Au Resource • Site visits an
Slide 14: Focused on the Drill Bit
FOCUSED ON THE DRILL BIT • Winter drill programme planned to extend Kasagiminnis high-grade 110,000 oz @ 4.3 g/t Au JORC Resource 14 • To date 117 holes drilled at Kasagiminnis for 14,058m inclusive of Ardiden’s 2018 validation drilling of 15 holes for 1,875m
Slide 15: Land Holding Pickle Lake Gold Camp
LAND HOLDING PICKLE LAKE GOLD CAMP • Ardiden currently has approximately 6 years of ‘Credit’ on its current Pickle Lake Tenure ($200k pa) 15
Slide 16: Land Holding – Exploration Credits
LAND HOLDING – EXPLORATION CREDITS • Ardiden has advantageous position for aggregation of gold prospective tenure 16
Slide 17: 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 18: Ardiden Fundamentals
ARDIDEN FUNDAMENTALS Tier-1 Mining Jurisdiction Highly-prospective Gold Project Delivering News Flow Responsible Management JORC Resource Growth Strong Cash position 18
Slide 19: Ardiden Ltd: 'ADV' - Thank You
ARDIDEN LTD : ‘ADV’ - THANK YOU Rob Longley CEO, Ardiden Ltd +61 8 9380 8334 info@ardiden.com.au www.ardiden.com.au 19
Slide 20: Ardiden Ltd: 'ADV' - Contact Details
ARDIDEN LTD : ‘ADV’ - CONTACT DETAILS Rob Longley CEO, Ardiden Ltd +61 8 9380 8334 info@ardiden.com.au www.ardiden.com.au 20