Bear Head Fault Zone Showing Strong Similarities to nearby Dixie Gold Project
Ardiden Limited (ASX: ADV) identified additional Tier-1 Scale Gold Targets along a 50km strike at the Western Hub, part of the company’s Pickle Lake Gold Project in Ontario, Canada.
The targets were identified by a recently completed Airborne Geophysical survey and evaluation of the Esker Gold Prospect and the Western Hub
The Pickle Lake Gold Project is a continuous District-Scale land tenure package of 870 sq. km (87,000 hectares) situated east of Red Lake in northwest Ontario.
The connected tenure is majority 100% owned by Ardiden and currently contains 22 identified gold deposits and prospects that the company is systematically exploring.
Ardiden Managing Director and CEO, Rob Longley said the Western Hub encompasses 50km of under-explored prospective strike length and contains both highly favourable geology and structural settings for gold mineralisation.
“The Western Hub evaluation has started to come together and is presenting strong similarities to other recent gold discoveries located along the same greenstone belt in the Red Lake area,” Mr Longley said.
“Implementation of an initial drill programme at the Esker Gold Prospect will be our key focus. Esker will be Ardiden’s first step onto the Western Hub. This highly prospective structure exhibits similarities to the geological setting at Great Bear Resources’ Dixie/LP Fault, which is located to our west at Red Lake.
“Ardiden will return the drill rig to South Limb this northen Summer/Autumn to test the specific iron formation units running directly south from the Dona Lake Gold mine. Further drilling at Kaswill wait until the next Winter season when we can get further out on the frozen lake and drill untested strike extensions to the east.
“While this has been a challenging period between COVID-19 restrictions, which hindered skills availability, and weather fluctuations, we have still learned a lot about the Gold Prospectivity of this extensive landholding with under- explored greenfields and brownfields gold prospects.”
The Western Hub interpretation from recent airborne geophysics, highlights strong geological similarities to the Dixie Gold Projectat Red Lake and is about twice the size of the strike length.
This gold prospectivity is further evidenced by Ardiden’s 100%-owned Dorothy-Dobie Prospects (historical estimate) of 99,600 oz Au @ 5.7 g/t Au and Barrick’s’ Golden Patricia Mine (619,796 oz @ 15.2 g/t Au production from 1988 to 1997).
For more information visit https://www.ardiden.com.au/
