Ardiden Limited (ASX:ADV) has announced drilling is underway to test recently identified outcropping graphite and EM conductors at 100%-owned Mantouiwadge Graphite Project.
Key Points:
- Diamond core drilling program underway at Ardiden’s 100%-owned Mantouiwadge Graphite Project in Ontario, Canada. Program is fully-funded following recent oversubscribed SPP and placement
- The total strike length of EM conductors at Mantouiwadge with graphite prospectivity is 19km.
- The focus of the new drill program will be on high-priority graphite targets as identified in a recent CSA Global geophysical review and confirmed by recent ground sampling.
- Previous metallurgical testing on graphite at Mantouiwadge indicated a flake distribution of jumbo and large flake graphite of up to 80%.
SOURCE: ARDIDEN LIMITED
DATE: 6 NOVEMBER, 2015