Ardiden Limited announced 16 additional exploration drilling results that further illustrate the belt scale potential across the Western Hub of its Pickle Lake Gold Project. Ardiden's district-scale 1,088km2 gold landholding is located east of Red Lake in the well-endowed Uchi Geological sub-province of north-western Ontario, Canada. Recent intersections at the Dobie Prospect highlight a broad mineralisation envelope within the secondary structure that is evident within DB22-01 displaying 26.51m @ 2.1 g/t Au from 77.8m downhole, with a thick zone of 8.5m @ 4.05 g/t Au.

Results from DB22-02 reported 0.5m @ 1.17 g/t Au, and 0.5m @ 0.79 g/t Au from 137.5m downhole. DB22-02A (66m) reported no significant assays above the cut-off grade of 0.5 g/t Au. These holes highlight the structural complexity and nature of gold mineralisation at the Pickle Lake Gold Project with high grade mineralisation evident in the two drill holes reported.

Both holes represented mineralisation that is within a dilation zone, and potentially offset shearing while adopting a steeper plunge of the mineralisation zone in DB22-02 that requires further testing. The Dobie Prospect's two structures have an untested strike length of greater than 5km to the southeast, which represents significant exploration potential for the Company. The shallow intercepts also displayed in the region remain open at depth and to the northwest with over 1km to the adjoining Tonsil Prospect.

Final drill results received from DR-22-02 further strengthens understanding of the secondary structure and broad mineralisation zone at the Dorothy Prospect. DR22-02 intersected a broad mineralisation zone of 38.48m containing 0.97 g/t Au from 50.52m downhole, along with 2.48m @ 3.40 g/t Au from 50.52m downhole. Anomalous gold values were present between 50.52m down to a depth of 218m in DR22-02 along with semi massive to massive sulphides that appear out of context in Archean lode style mineralisation.

Assay results from DR22-03 reported no significant assays above the cut-off grade of 0.5 g/t Au. Results for the recent drilling at the Dorothy Prospect coincide with the historical drilling results reported across the Western Hub. Understanding the structural controls that are driving mineralisation remains the key priority as the Company continues to develop and unlock the exploration potential at the Dorothy Prospect.

Drilling at the Tonsil Prospect confirmed the shallow high grade gold mineralisation, which intersected 0.86m containing 62.8 g/t Au from 115.00m, along with 0.73m at 0.64 g/t Au from 49.73m in DD22-02. Further key results reported from the Tonsil prospect included DR22-05 with 0.45m @ 1.48 g/t Au from 84.40m downhole, DDR22-13 with and 0.50m @ 3.21 g/t Au from 60.00m downhole and, DD22-14A intercepting 0.50m @ 8.68 g/t Au from 64.62m downhole. Results from DD22-9/12 returned non-significant values that are below 0.5 g/t Au.

The Tonsil Prospect has confirmed the prospectivity of this region with the primary structure consistent to that of the Golden Patricia zone with shallow high-grade mineralisation. Targeting has already commenced on the secondary structure, along strike from the Tonsil Prospect, and at depth to understand the exploration potential and key factors of mineralisation. Two drill holes are reported at the Esker Prospect with WP22-13 intersecting 0.5m @ 0.74 g/t Au from 67.50m downhole, 0.5m @ 0.78 g/t Au from 71.27m downhole and 0.5m @ 0.68 g/t from 73.50m downhole.

WP22-14 intercepted results below the 0.5 g/t Au cut-off grade with both holes displaying anomalous gold mineralisation to further add to the Company's geological model and targeting. Other non-gold assets include Ardiden's free carried 20% Lithium Projects interest in a joint venture with Green Technology Metals including 13m shares with a current value AUD 10.1m2. GT1 have recently announced the commencement of drilling at the Root Lithium Project located 40km southwest of Ardiden's Pickle Lake Gold Project.