Ardiden (ASX:ADV) - CEO & Managing Director, Rob Longley
CEO & Managing Director, Rob Longley
Source: The Pick Magazine
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  • Ardiden (ADV) has been issued an exploration permit to conduct exploration at its wholly-owned Kasagiminnis Gold Deposit
  • Kasagiminnis is part of the Pickle Lake Gold Project in Ontario, Canada
  • Ardiden has also met the requirements for a consultation with neighbouring First Nation groups which is a necessary part of the modified Mines Department Permit conditions due to COVID-19
  • This approval allows Ardiden to proceed with its upcoming drilling program which will focus on structural targets at Kasagiminnis
  • A drill rig is expected to arrive on-site in the next two weeks
  • Company shares are up 21.4 per cent and are trading for 1.7 cents

Ardiden (ADV) has been issued an exploration permit to conduct exploration at its wholly-owned Kasagiminnis Gold Deposit.

Kasagiminnis is part of the Pickle Lake Gold Project in Ontario, Canada.

Ardiden has also met the requirements for a consultation with all neighbouring First Nation groups which is a necessary part of the COVID-19-modified Mines Department (MENDM) Permit conditions.

“We, as a company, have applied our values of respect towards the local communities and the safety and welfare of all stakeholders, above all else,” Exploration Manager Dan Grabiec said.

“Now that we have all the necessary permits, we are very much looking forward and moving quickly to commence our summer drilling campaign at our flagship Kasagiminnis Gold Deposit and thanks to our recent capital raising, preparing for a larger Winter programme,” Dan added.

Earlier this month, Ardiden revealed plans to conduct a drilling program at the Kasagiminnis Gold Deposit. The company will test two of 20 structural targets identified along the greater Kasagiminnis structural trend.

Ardiden expects a drill rig will be at the deposit within the next two weeks.

Company shares are up 21.4 per cent and are trading for 1.7 cents each at 10:50 am AEST.

ADV by the numbers
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