Ardiden Limited · ASX:ADV
Ardiden — RIU Conference (September 2020)
23 slides from Ardiden's conference presentation, Sep 16, 2020
Slide 1: ASX Explorer Canadian Gold
1 ASX Explorer Canadian Gold Building a Compelling Gold Project in Ontario, Canada ASX: ADV 16 September 2020
Slide 2: Disclaimer
2 Disclaimer This presentation has been prepared by Ardiden Limited (ABN 82 110 884 242) (ASX:ADV) (Company). Summary of information: This presentation contains general and background information about the Company’s activities current as at the date of the presentation and should not be considered t
Slide 3: Corporate Structure
Corporate Structure 3 *at 14 September 2020 Rob Longley Managing Director & CEO BSc, Hons, Geology Pauline Gately Non-Executive Director BA Hons, Econ, Grad Dip Acc, GAICD Neil Hackett Non-Executive Chairman BEcon, GDAFI, GDFP, FFin, GAICD ASX Code ADV Shares on Issue 2.08B Unlisted Options (Perform
Slide 4: Australia-Canada Golden Synergies
4 NORTH AMERICA Australia-Canada Golden Synergies • Archean Greenstones • Similar Mineralisation styles • Well regulated industry • Safe Investment /Operating Regime • But colder, and no regolith 4
Slide 5: Ontario: Large, High-Grade Gold Mines in Tier Jurisdiction
5 ONTARIO ⬢ Large, high-grade Gold Mines in Tier 1 Jurisdiction ⬢ 20 Operating Gold Mines and 2.5Moz annual Gold production in Ontario Ardiden owns Canadian Exploration Assets in northwest Ontario: • Gold (664km2) Pickle Lake Gold Project • Lithium (206km2) Seymour Lake Wisa Lake Root Lake 5 Greenst
Slide 6: Ardiden's Highlights
Commanding 664km2 Gold Tenure in Tier-1 Mining Jurisdiction: 6 Ardiden’s ⬢ Ardiden has continuous exploration ground over a 100km wide belt (in orange below) ⬢ JORC (2012) Maiden Inferred Resource of 110,000oz @ 4.30 g/t Au at Kasagiminnis Deposit ‘Kas’ (ASX release 10 Sep 2019) Highlights ⬢ Explora
Slide 7: Ontario 'Uchi' Greenstone Belt
Ontario ‘Uchi’ Prolific Gold Production in Red Lake-Pickle Lake District: 7 Greenstone Belt Gold Production Musselwhite: 5.3Moz Gold Red Lake: 29.5Moz Gold (Evolution 457km2) Pickle Lake: 3Moz Gold Geological Underlay of the Red Lake to Pickle Lake Greenstone Belt 7
Slide 8: Large High-Grade Gold Mines
Large High-Grade Gold Mines 8 Kasagiminnis 110,000oz Au JORC Inferred Resource 790,000t @ 4.3g/t Au un-tested below 280m Exploration Target*1 0.5-1.2Moz 4.0-5.8Mt @ 3.9-6.6 g/t Au to 500m below surface Alongside high-grade historic underground gold mines which produced > 3Moz gold at 13g/t Au* Pickl
Slide 9: Pickle Lake Gold Pipeline – Spoilt for Choice
Pickle Lake Gold Pipeline – “Spoilt for Choice” - 18 recognised Gold Deposits & Prospects 9 Gold Project: Three Advanced Gold Deposits ▪ Kasagiminnis ▪ Dobie ▪ Dorothy Four Brownfield Gold Prospects ▪ Esker ▪ South Limb ▪ West Pickle ▪ Tonsil Multiple Highly-Prospective Greenfield Gold Prospects Pic
Slide 10: Pickle Lake Gold Pipeline – Spoilt for Choice
Pickle Lake Gold Pipeline – “Spoilt for Choice” - 18 recognised Gold Deposits & Prospects 10 Gold Project: Three Advanced Gold Deposits ▪ 1 Kasagiminnis ▪ 2 Dorothy - ▪ 2 -Dobie Four Brownfield Gold Prospects ▪ 3 Esker* (New Patricia earn-in) ▪ 4 South Limb ▪ West Pickle ▪ Tonsil Multiple Highly-Pro
Slide 11: Kasagiminnis Gold Deposit - Drilling commenced
1. Kasagiminnis Gold Deposit - Drilling commenced 1 Sep 2020 11 ⬢ Drilling planned to grow high-grade Kasagiminnis 110,000oz @ 4.3 g/t Au Maiden JORC Inferred Resource ⬢ Exploration Target at Kasagiminnis Deposit 0.5 – 1.2Moz Au to 500m below surface ⬢ Kasagiminnis Deposit: 2020 Summer Drilling, 300
Slide 12: Kasagiminnis Deposit - Drill Targeting
1. Kasagiminnis Deposit - Drill Targeting 12 Planned Drilling at Kasagiminnis: ⬢ Phase 1: 3000m - Summer 2020: Untested western strike extension ⬢ Phase 2: +4000m - Winter 2020- 2021: Deep drilling under current 110,000oz Au JORC Resource Long Section Kasagiminnis Deposit – Looking North 12
Slide 13: Kasagiminnis Deposit - 2020 Drilling – Assays pending
1. Kasagiminnis Deposit - 2020 Drilling – Assays pending 13 Planned Drilling at Kasagiminnis: ⬢ Phase 1: 3000m - Summer 2020: ⬢ 4 Holes completed for 934m ⬢ Wide zones of silicification, alteration and sulphides intersected in all holes ⬢ Core not yet submitted to laboratory but anticipate ~6 weeks
Slide 14: Kasagiminnis Deposit
1. Kasagiminnis Deposit 14 Major Drilling International Inc. engaged 14
Slide 15: Visible Gold, silicification and sulfides intersected in first 4 holes
1. Kasagiminnis Deposit – Visible Gold, silicification and sulfides intersected in first 4 holes 15 Visible Gold logged in drillhole KAS20-001 at 166.5m Pyrite + Pyrrhotite associated with quartz veining in KAS20-001 15 Pyrrhotite (“PO”) associated with intense quartz veining Core tray drill hole KA
Slide 16: Dorothy-Dobie High-Grade Gold Drill Intercepts
2. Dorothy-Dobie High-Grade Gold Drill Intercepts Across Entire Landholding 16 High-Grade Gold over 25km Strike *Non-JORC historical resource estimates (1987-1990) by original owners of the Dorothy and Dobie Deposits, were summarised in 2009 in an NI43-101 Technical Report on Gold Properties within
Slide 17: New Patricia Gold Prospect (Earn-In with Exiro)
3. New Patricia Gold Prospect (Earn-In with Exiro) 17 Detailed Airborne Geophysics : Drill Targeting TerraQuest Helicopter at Ardiden’s New Patricia Gold Prospect, Pickle Lake ⬢ Heli-survey will cover the Brownfields New Patricia Gold Prospect ⬢ Extends directly south-east of the Golden Patricia Gol
Slide 18: South Limb Gold Prospect
4. South Limb Gold Prospect 18 Covers the southern extension of the Dona Lake gold-bearing lithological units. • 3D view of Dona Lake orebody • Produced 246,500 oz Au @ 6.6g/t Au • Operated 1987-1993 to 455m below surface • 9km Prospective Strike • Directly abuts Dona Lake u/g Mine • All-year access
Slide 19: First Nation Group Engagement
First Nation Group 19 Engagement ⬢ Ardiden is working closely with First Nations Groups and stakeholders across all its projects ⬢ Ensuring nearby First Nation Communities’ cultures and traditional activities are respected ⬢ Negotiation and Agreement with First Nations Groups before exploration acti
Slide 20: Established Infrastructure
Established ⬢ 8km from Pickle Lake Town - population circa 500 20 ⬢ 350km north of regional mining center of Thunder Bay - population circa 100,000 Infrastructure ⬢ Flights from Thunder Bay to Pickle Lake or easy drive via sealed highway ⬢ Pickle Lake Sealed Airstrip ⬢ Thunder Bay Port Terminal ⬢ Pi
Slide 21: Newsflow – Drilling, Results, Geophysics, JORC Resource Upgrade
21 Newsflow – Drilling, Results, Geophysics, JORC Resource Upgrade SEPT QTR MARCH QTR ⬢ Drilling at Kas ⬢ Kasagiminnis Winter ⬢ Detail Airborne & Ground Drilling Geophysics Surveys ⬢ Drilling Other Gold Prospects (South Limb) ⬢ FN Agreements ⬢ Expanded Drill Targeting DEC QTR ⬢ Updated Kasagiminnis
Slide 22: Competent Person Statements
22 Competent Person Statements Competent Person’s Statement The information in this report that relates to Exploration Results and Exploration Targets at the Pickle Lake Prospects is based on, and fairly represents, information and supporting documentation prepared by Mr Robin Longley, a Member of t
Slide 23: Building a Compelling Gold Project in Ontario, Canada
23 Building a Compelling Gold Project in Ontario, Canada Rob Longley Ardiden Limited MD & CEO +61 8 9322 7600 info@ardiden.com.au www.ardiden.com.au