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Barlow Condensed

Ardiden Limited

The Rouyn Gold Project is located along the Cadillac–Larder Lake Break (“Cadillac Break”) within the Abitibi gold belt of Québec. The Project lies in the same geological setting as several major nearby gold mines and deposits, including LaRonde-Bousquet, Lapa and Westwood.

Rouyn is at an advanced stage and hosts a substantial 

 (refer to ASX Announcement dated 10 October 2025).

The Project benefits from significant infrastructure advantages, including established surface facilities and strategic land holdings across key areas. Importantly, the current Resource has been defined from drilling at relatively shallow depths of approximately 400–700 metres. In comparison, neighbouring operations along the Cadillac Break are mining at depths approaching 3,000 metres, highlighting Rouyn’s potential for meaningful resource growth through systematic, deeper drilling along the Cadillac Break.

The March 2026 Quarter marked Ardiden Limited’s transition to active drilling at the Rouyn Gold Project in Québec, Canada, with drilling underway and first assay results delivered.

Early results from the Astoria area confirm the presence of high-grade mineralisation consistent with an orogenic gold system and support the Company’s geological modelling.  These results represent an important first step in demonstrating continuity of mineralisation in this area of Rouyn.

Early highlights include confirmation of high-grade mineralisation (ASX 27 March 26), including:

·        AS-26-778:  3.0m @ 11.4 g/t Au, including 1.0m @ 24.6 g/t Au

·        AS-26-779:  7.0m @ 16.1 g/t Au, including 1.0m @ 78.7 g/t Au & 1m @27 g/t Au

Rouyn Gold Project - March 2026