Ardiden Ltd.: Two-Pronged Strategy for Growth in Energy Metals
25.05.2016 | ABN Newswire
Perth, Australia - Ardiden Ltd. (ASX:ADV) are pleased to provide the Company's Corporate Presentation for the Resources Rising Stars Conference May 2016, titled, "A Two-Pronged Strategy for Growth in Energy Metals."- LITHIUM: Seymour Lake and Root Lake Lithium Projects
- GRAPHITE: Manitouwadge Flake Graphite Project
Corporate Overview:
- Targeting the supply of key ingredients for lithium-ion batteries.
- Booming demand outlook for lithium + graphite as Li-ion battery use skyrockets.
- Recent Option Agreements to acquire the advanced Seymour Lake and Root Lake Lithium Projects in Ontario, Canada:
-- Current and historical diamond drilling - confirmed potential for high-quality lithium (spodumene) mineralisation
-- Due diligence underway at including drilling limited drilling programs both projects, subject to results Ardiden to acquire 100% of projects
- Exploring and developing the 100%-owned Manitouwadge Graphite Project in Ontario, Canada:
-- 3,000m of diamond core drilling completed by Ardiden to date
-- Outstanding graphite flake size distribution and metallurgical characteristics
- Lithium and graphite both key components of lithium-ion batteries:
-- Lithium used as the cathode and graphite as the anode
-- Transformational growth predicted in lithium-ion battery use
Summary - Why Invest in Ardiden: An exciting new phase of growth.
- Completion of due diligence on highly prospective new lithium projects
- Strong new asset portfolio focused on the supply of materials to the rapidly growing lithium-ion battery market
- Potential acquisition of further project areas/acreage with strong geological potential
- Commodities with strong market fundamentals and growth outlook
- Projects located in Tier One mining jurisdictions, with great access and infrastructure and strong support from First Nations and Ontario Government
- Further results from drilling and metallurgical testwork from Root Lake, Seymour Lake and Manitouwadge throughout 2016, leading to strong upcoming news flow with nearterm catalysts for share price growth
- Strong board and management team
- Strategy to identify and define more than 10 Million tonnes of Lithium resources in Tier-1 jurisdictions to enhance shareholder value, focusing on commodities with a strong growth outlook.
To view the presentation, please visit:
http://abnnewswire.net/lnk/KO80S702
About Ardiden Ltd:
Ardiden Ltd. (ASX:ADV) is an Australian mineral exploration company seeking to generate shareholder wealth by identifying, acquiring and developing mineral projects in any jurisdiction that possess the potential for cashflow and growth
Contact:
Ardiden Ltd.
E: info@ardiden.com.au
www.ardiden.com.au
Brad Boyle
Ardiden Ltd.
Tel: +61-8-6555-2950
Nicholas Read
Read Mobile: +61-419-929-046