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Ardiden: Further Impressive High-Grade Lithium Hits at Seymour Lake
Jun. 05, 2017 09:29AM PST
Battery Metals InvestingDiversified minerals explorer and developer Ardiden Limited (ASX:ADV) is pleased to advise that it has received encouraging assay results from the next two diamond drill holes completed as part of the ongoing Phase 2 resource delineation diamond drilling program at its majority-owned Seymour Lake lithium project in Ontario. As quoted in the press release: HIGHLIGHTS: …
Diversified minerals explorer and developer Ardiden Limited (ASX:ADV) is pleased to advise that it has received encouraging assay results from the next two diamond drill holes completed as part of the ongoing Phase 2 resource delineation diamond drilling program at its majority-owned Seymour Lake lithium project in Ontario.
As quoted in the press release:
HIGHLIGHTS:
- Outstanding grades of up to 4.5% (SL-17-06) lithium oxide (Li2O) reported from the next two diamond drill holes in the ongoing Phase 2 drilling program at the Seymour Lake Lithium Project, Ontario.
- Assays confirm the presence of wide mineralised zones at or close to surface in these two holes, which were completed to depths of up to 131m down-hole. Significant new intersections include:
- 9.63m at 1.5% Li2O from surface (SL-17-05) including:
- 5.0m at 2.5% Li2O.
- 6.77m at 2.5% Li2O from 3.0m down-hole (SL-17-06) including:
- 3.0m at 3.3% Li2O; and
- 1.0m at 4.5% Li2O.
- Drilling continues to provide a greater level of geological understanding and confidence while also steadily increasing the overall scale of the project.
Phase 2 results to underpin a maiden JORC 2012 Mineral Resource.
Discussions and site visits with multiple potential strategic and off-take partners continuing.
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