Ardiden Limited · ASX:ADV
Ardiden — Investor Presentation (April 2019)
21 slides from Ardiden's investor presentation, Apr 3, 2019
Slide 1: Developing a Diversified Lithium & Precious Metals Portfolio
DEVELOPING A DIVERSIFIED LITHIUM & PRECIOUS METALS PORTFOLIO Investor Presentation 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: The Ardiden Fundamentals
THE ARDIDEN FUNDAMENTALS A portfolio of outstanding lithium and gold assets in a Tier-1 mining jurisdiction Significant exploration success at Seymour Lake Lithium Project led to a 400% increase in Resource Seymour Lake Mineral Resource of 4.80Mt @ 1.25% Li2O and 186ppm Ta2O5 Seymour Lake upside exp
Slide 4: Project Portfolio
PROJECT PORTFOLIO Operating in a top mining jurisdiction with close proximity to world-class infrastructure Seymour Lake Lithium Project • Defined Mineral Resource of 4.80Mt @ 1.25% Li2O and 186ppm Ta2O5 • Significant exploration upside with defined targets • Excellent metallurgy results Root Lake &
Slide 5: The Seymour Lake Lithium Project
THE SEYMOUR LAKE LITHIUM PROJECT
Slide 6: An Advanced Lithium Project
AN ADVANCED LITHIUM PROJECT Seymour Lake has delivered significant growth along with exciting exploration upside • Mineral Resource (JORC Code [2012]) of 4.8Mt @ 1.25% Li2O & 186ppm Ta2O5 North Aubry : Indicated Mineral Resource of 2.13Mt @ 1.29% Li2O & 210ppm Ta2O5 Inferred Mineral Resource of 1.7M
Slide 7: The North Aubry Pegmatite
THE NORTH AUBRY PEGMATITE Majority of the Mineral Resource at the Seymour Lake Lithium Project is comprised of the North Aubry Pegmatite • The North Aubry pegmatite is an LCT-Complex, spodumene sub-type pegmatite • Unusually high proportion of spodumene • 3 distinct types of spodumene- bearing zones
Slide 8: Metallurgical Advantages
METALLURGICAL ADVANTAGES High Quality Concentrate With Low Levels Of Deleterious Elements Spodumene Concentrate • HLS: 7.01% Li2O at 91.63% recovery (laboratory) • DMCS: 6.92% Li2O at 81.74% recovery (Industrial production method) Production of Lithium Carbonate • Conversion rate: Spodumene concentr
Slide 9: Root Lake and Wisa Lake
ROOT LAKE AND WISA LAKE
Slide 10: Root Lake Lithium Project
ROOT LAKE LITHIUM PROJECT Significant Historical Resource (Non-JORC Code (2012) Compliant) • McCombe prospect – LCT-Complex spodumene subtype pegmatites – Main pegmatite has steep dip (towards south) near surface but sub-horizontal at 100m – Open down-dip and to the east • Morrison prospect – LCT-Co
Slide 11: Wisa Lake Lithium Project
WISA LAKE LITHIUM PROJECT Under-explored but results point to great potential • A pegmatite 1.5km in length has been identified • Additional pegmatites have also been identified via previous exploration • The pegmatites are all spodumene-bearing • Clear drilling targets identified
Slide 12: Pickle Lake Gold Project
PICKLE LAKE GOLD PROJECT
Slide 13: Pickle Lake Gold Project
PICKLE LAKE GOLD PROJECT An exciting gold opportunity with significant upside Located in a highly- Pickle Lake defined by All areas offer excellent prospective region that 4 separate high quality exploration upside and hosts significant gold areas development potential deposits including the • Kasag
Slide 14: Pickle Lake Gold Project: Highly-Prospective Gold Assets
PICKLE LAKE GOLD PROJECT Highly-Prospective Gold Assets Kasagaminnis • Underpinned by impressive drilling results and has the potential to define a large Mineral Resource in the near-term Dorothy-Dobie • A group of claims containing 7 high quality prospects that are part of the Golden Patricia minin
Slide 15: Kasagaminnis Gold Prospect
KASAGAMINNIS GOLD PROSPECT Large Mineralised System Confirmed By Prior Exploration • Most of the historical drilling was completed between 1986-1988 • Historical resource was defined (not NI43-101 or JORC Code (2012) compliant) • Ardiden’s drilling results to-date are highly encouraging, e.g. KAS-18
Slide 16: Kasagaminnis Gold Prospect: Huge Dilational Zone
KASAGAMINNIS GOLD PROSPECT Huge Dilational Zone With Great Potential • Gold-bearing fluids move into dilational zones. • Big dilational zones = lots of fluid. • Lots of fluid = large gold deposits.
Slide 17: Dorothy-Dobie Gold Prospect
DOROTHY-DOBIE GOLD PROSPECT 7 High quality prospects located along the Golden Patricia Shear Zone • Cooper prospect • Dorothy-West prospect • Dorothy Main prospect • Tonsil prospect • Spike prospect • Dobie North prospect • Dobie prospect – High-grade prospects. – Defined historical resources. – All
Slide 18: West Pickle and South Limb Prospects
WEST PICKLE AND SOUTH LIMB PROSPECTS Exciting Potential in the Pickle Crow Gold Camp • West Pickle – Undrilled – Highly favorable complex geology – Geology similar to mined deposits of the Pickle Crow mining camp • South Limb – Along-strike to the Dona Lake Gold Mine – 0.22Moz @ 6.6g/t Au – Has simi
Slide 19: A Compelling Lithium and Precious Metals Opportunity
A COMPELLING LITHIUM AND PRECIOUS METALS OPPORTUNITY Ownership of a highly prospective lithium and gold portfolio located in a Tier 1 mining jurisdiction Project portfolio offers an optimal mix of early and advanced phases of exploration and development Strategic focus on minerals having positive lo
Slide 20: Corporate Overview
CORPORATE OVERVIEW Capital Structure Ardiden Board ASX Code ADV Neil Hackett Executive Chairman 52wk High – Low A$0.012 - A$0.003 Peter Spitalny Technical Director Shares on issue 1,677 m Dr Michelle Li Independent Non-Executive Director Cash Balance (31 December 2018) A$3.4m Pauline Gately Independ
Slide 21: Competent Persons Statements
COMPETENT PERSONS STATEMENTS The Mineral Resource estimates for the North Aubry Lithium Deposit and the South Aubry Lithium Deposit within the Seymour Lake Lithium Project has been completed by Mr Phillip Alan Jones. The information in this presentation that relates to the Exploration Target down-di