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Ardiden Limited (ASX:ADV)

ALERT: Price-sensitive ASX Announcement for ADV
Current share price for ADV : $0.345 -0.08 (-18.82%)+
Announcement
Release
29 Apr 2026 9:49AM
Price at Release
$0.425
Full Release
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Summary
Ardiden Limited (ASX: ADV) has reported the observation of visible gold in drill hole AS-26-793 at the Rouyn Gold Project in Québec. The visible gold, found in structurally controlled mineralisation at the Astoria deposit, consists of coarse flakes up to 7mm in length within a broader zone of quartz-carbonate-chlorite veining and alteration. This is interpreted to be part of the Piché Group ultramafic volcanics. The company has noted that these visual estimates should not replace laboratory analyses. Assay results are expected in late May. The discovery supports the geological model at Astoria and aligns with typical orogenic gold systems in the Abitibi Belt.
Key Points
  • Visible gold observed in drillhole AS-26-793 between 152.05 – 152.20m.
  • Gold observed as coarse flakes up to 7mm in length.
  • Mineralisation in quartz-carbonate-chlorite veining.
  • Assay results expected in late May.
  • Visible gold in Piché Group ultramafic volcanics.
  • Observation supports geological model at Astoria.
  • Typical of orogenic gold systems in the Abitibi Belt.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.