The Brownfields South Limb Gold Prospect is 100% owned by Ardiden and has no earn-in liabilities. At least 26 local drill targets have been identified along 9km of prospective strike length. The east and west block, defined by a UAV magnetic survey, contain the highest priority areas.
Ardiden has completed 1,293m of drilling at the South Limb prospect (refer ASX announcement 16 June 2020).
South Limb is situated 17km north-east of Kasagiminnis and approximately 10km south of First Mining Gold’s (TSX-V: FF) Pickle Crow Gold Mine.
South Limb also directly adjoins Newmont’s Dona Lake Gold Mine,. The Dona Lake underground Gold Mine produced 246,500oz of gold at 6.6g/t Au* to a depth of 450m until its closure in 1993 as a result of a weak gold price. Ardiden owns 8km of favourable geological formation directly along strike from the Dona Lake Gold Mine.
Figure 1: Ardiden’s South Limb Prospect.
Figure 2: Planned drilling to the South of Dona Lake Mine.
Figure 3: Planned drilling over the Western region.
