ARDIDEN LTD (ADV) LITHIUM and Graphene

[SCHUMACHER]

Bought a few of ADV today at 2.1c - LITHIUM Junior explorer with some politically favourable Canadian targets Currently 2.1c - come off its highs and they are now well into their drilling phase as per info below :) also well funded with $4 million in the bank- low market cap

Recent announcement 25th July

NEW LITHIUM EXPLORATION PROGRAMS COMMENCE AT ROOT LAKE, CANADA
The next phase of ground-based exploration activities is underway, with mapping and sampling in preparation for future drilling;all data generated will be integrated into a maiden resource model
HIGHLIGHTS

 A geological team is now on the ground at the newly acquired Root Lake Lithium Project in Ontario, Canada.
Initial focus is to map and channel sample the Root Lake prospect
.
The results will be used to validate historical drilling and sampling results and to confirm the orientation of the pegmatite structures
. All data collected will be included in any future resource models.
The geological team will conduct a survey of the current prospect to identify potential extensions of the known pegmatite structures,
to delineate any additional pegmatite structures in the surrounding area,and to any further drill-ready targets ahead of the next phase of drilling.
Final preparations are almost complete to undertake further activities at the Root Bay Lithium Projects and the Manitouwadge Graphite project, following the start of ground-based exploration programs at the Seymour Lake Lithium Project

[SCHUMACHER]

As much as I like their lithium projects they also have a great gRAPHITE deposit with super jumbo flakes that are simply outstanding -

"Graphite is another space that ADV is working hard in, having just completed its 2000m drilling program, reporting high grade assay results as high as 12.65% Total Graphitic Content (TGC) and potential for super jumbo graphite flake size reaching as high as 4200 microns."

Check out the grade :D So 2000 drill holes completed on the graphite tenement , add in the lithium projects and this has to be one of the best opportunities for both Graphite and Lithium ive seem - massive upside potential in 6- 12 months and beyond and we sitting at 2.1c close yesterday LOL undervalued comes to mind with $4 million in the bank and some highly prospective ground in a country with no political risk - Brilliant

http://www.nextsmallcap.com/first-jumbo-flake-graphite-now-high-grade-lithium-adv-grows-its-north-american-portfolio/
Ardiden (ASX:ADV)’s newest addition to its project portfolio is the Seymour Lake Lithium Project, which comprises five patented mining claims covering an area of 912 hectares. In this update article we will cover off the details of this project and also cover the recent strong graphite drilling results at its existing project. It’s clear that both projects have now captured the eyes of the wider market after last week’s news.

In addition to lithium, another commodity that has been punching above its weight has been graphite and its space-age brother graphene. As with lithium, graphite demand has bucked the trend of most other commodities and raw materials.

And again, it’s on the back of batteries that use bundles of graphite.

Graphite is another space that ADV is working hard in, having just completed its 2000m drilling program, reporting high grade assay results as high as 12.65% Total Graphitic Content (TGC) and potential for super jumbo graphite flake size reaching as high as 4200 microns.

The world is going digital and it needs a heap of batteries to do it!

[SCHUMACHER]

FYI - Heres info on their latest acquisition -

"The McCombe pegmatite has over 10,000m of historical diamond drilling
which has confirmed the potential for high-quality spodumene
mineralisation. Key features of the McCombe pegmatite include:

o The McCombe Pegmatite, comprising two main outcropping spodumenebearing
dykes, has been traced on surface for a strike length of 550m with
widths up to 19m;

o Capital Lithium Mines Ltd. reported a historical McCombe deposit of 2.3Mt
of Li2O grading 1.3% (not JORC or NI 43-101 compliant). This deposit was
established over less than 5% of the Root Lake Project area
o Tantalum grades of up to 380ppm also reported.

 The Root Lake pegmatite lies 2km to the east and along strike from the
McCombe pegmatite. Key features of the Root Lake pegmatite include:
o Historical diamond drilling indicated spodumene (lithium)-bearing
pegmatites with widths of up to 17m;"


CANADIAN LITHIUM PORTFOLIO
EXPANDS FURTHER WITH ACQUISITION
OF ADVANCED ROOT LAKE PROJECT
Ardiden’s lithium footprint significantly increased with new project which
includes extensive historical drilling, an existing known deposit and
outstanding upside

Key Points:
 Ardiden has entered an option agreement to acquire 100% of the Root
Lake Lithium (Spodumene) Project in Ontario, Canada, complementing
its Seymour Lake Lithium Project.

 The Root Lake Project has extensive outcropping mineralisation and
includes the McCombe spodumene-bearing pegmatite and the Root Lake
spodumene-bearing pegmatite, both of which were originally discovered
in the 1950s.

 The McCombe pegmatite has over 10,000m of historical diamond drilling
which has confirmed the potential for high-quality spodumene
mineralisation. Key features of the McCombe pegmatite include:

o The McCombe Pegmatite, comprising two main outcropping spodumenebearing
dykes, has been traced on surface for a strike length of 550m with
widths up to 19m;

o Capital Lithium Mines Ltd. reported a historical McCombe deposit of 2.3Mt
of Li2O grading 1.3% (not JORC or NI 43-101 compliant). This deposit was
established over less than 5% of the Root Lake Project area
o Tantalum grades of up to 380ppm also reported.

 The Root Lake pegmatite lies 2km to the east and along strike from the
McCombe pegmatite. Key features of the Root Lake pegmatite include:
o Historical diamond drilling indicated spodumene (lithium)-bearing
pegmatites with widths of up to 17m;

o Trenching by Consolidated Morrison Exploration outlined an outcropping
pegmatite dyke over several hundred metres long and up to 9.14m wide,
from which channel sampling returned grades of up to 3% Li2O over 9.14m;
o Subsequent diamond drilling traced the dyke for ~1200m (to the west,
towards and along strike with the McCombe dyke) and the pegmatite
remains open at depth and along strike;

o Due diligence on historical trenches in 2009 verified the existence of
significant lithium mineralization including a trench with 4.43% Li2O
recorded over 5m;

o Grab samples graded up to 5.10% Li2O with 208ppm Ta.
 Drill approvals for the Seymour Lake Lithium Project are currently expected
in the next 1-2 weeks with drilling expected to commence shortly thereafter.
Due diligence and drill planning for Root Lake to commence immediately.


Ardiden Limited (ASX: ADV) is pleased to advise that it has further expanded its lithium portfolio in the
established mining jurisdiction of Ontario, Canada securing an option to acquire a second advanced Lithium
project with extensive spodumene (lithium ore)-bearing pegmatites, over 10,000m of historical diamond drilling
and a known deposit (not a JORC compliant resource).

The Company has entered into an option agreement with Landore Resources Limited to acquire 100% of the
advanced Root Lake Lithium Project, opening up a second front for lithium exploration alongside the recently
secured Seymour Lake Lithium Project (also under option to acquire 100%), where a maiden drilling program is
set to commence shortly.

The option deals give Ardiden an outstanding opportunity to acquire two high-quality lithium projects with known
spodumene mineralisation, extensive historic drilling and the potential to establish JORC compliant resources
relatively quickly.

The proposed acquisition of the Root Lake Lithium Project is consistent with the Company’s strategy of acquiring
and developing commodity projects (lithium and graphite) which are highly leveraged to the forecast growth in
the lithium-ion battery sector. Lithium is anticipated to be in tight supply as the demand for lithium-ion batteries
for use in home, industrial, utility and electric vehicle power storage undergoes transformational growth over the
next decade.

Root Lake – An Advanced Canadian Lithium Project
The Root Lake Project comprises 33 patent claims and three staked mining claims covering an area of 1,013
Ha. Importantly, the Project has over 10,000m of historical diamond drilling and trenching, which has confirmed
the presence of extensive spodumene mineralisation (a host mineral to lithium) in two main locations.

The Root Lake Lithium Project includes the McCombe spodumene-bearing pegmatite and the Root Lake
spodumene-bearing pegmatite, which are over 2km apart along strike and have potential to be connected,
subject to further drilling and due diligence.

The Root Lake Project is accessible via local logging roads north of Sioux Lookout and is located approximately
300km north-west of Thunder Bay, a leading mining jurisdiction in Ontario with key local infrastructure including
a skilled mining workforce and excellent local logistics and infrastructure. It has strong potential to provide high
quality product to supply growing North American demand and export markets.

Acquisition Rationale
The proposed acquisition is consistent with Ardiden’s strategy of acquiring commodity projects located in Tier-1
jurisdictions with exposure to structural and transformational change and outstanding market fundamentals
(such as those required to supply the rapidly growing lithium-ion battery sector). Together with its existing
Seymour Lake Lithium project (under option to acquire 100%) and its 100%-owned Manitouwadge Graphite
Project, this acquisition positions Ardiden as a potential supplier of both of the key ingredients in the manufacture
of lithium-ion batteries.

The proposed acquisition is highly complementary and synergistic with Arididen’s existing projects for a number
of key reasons:

 Lithium-ion batteries use lithium as the cathode and graphite as the anode. Transformational growth is
predicted in the lithium-ion battery market and the ability to supply both key ingredients provides
expanded growth opportunities and optionality in the future;

 The Root Lake Project can be developed by Ardiden’s existing experienced Ontario-based team, which
has led the highly successful graphite drilling program in 2015 which made the Silver Star North
discovery at the Manitouwadge Graphite Project. The team has extensive experience in exploring and
developing projects in Ontario;

 All projects are located less than 4 hours drive from a key infrastructure hub at Thunder Bay which is
less than 100km from the US border and has existing rail, road and port facilities which can also access
the Atlantic and service European markets. Ardiden’s project locations in relation to Thunder Bay, the
US border and Lake Superior (accessible to Atlantic and US inland ports) are shown in Figure 1 below.

[SCHUMACHER]

This came out 7th July - my point is that ADV are not wasting any time , they know what they have and they are going after it Lithium and Graphite play - leave it to readers to make their own decision now - im in at 2.1c as of yesterday

DYOR

ARDIDEN APPOINTS EXPERIENCED
MINING EXECUTIVE AS NON-EXECUTIVE
TECHNICAL DIRECTOR

Lithium and graphite explorer Ardiden Limited (ASX: ADV) is pleased to advise
that it has appointed highly experienced international mining executive Dr
Michelle Li as a non-executive Technical Director.
Dr Li, has more than 20 years of international mining experience, including
senior executive roles with mining companies such as Grange Resources, Citic
Pacific, Rio Tinto and Iluka Resources. She brings valuable technical and
operational expertise to the Company as it advances its key lithium and
graphite projects in Canada to the next stage.
She holds a PhD of metallurgical engineering from the University of
Queensland, and also has a Bachelor degree and a Master’s degree of mineral
processing engineering from the China University of Mining Technology.
Her distinguished career has involved positions with leading global mining
companies such as Rio Tinto in R&D roles and its iron ore expansion projects,
Iluka Resources at its Eneabba operations, Grange Resources and Citic
Pacific Mining.

She is currently non-executive Chair of Grange Resources, an ASX-listed midtier
iron ore producer, and previously held non-executive board positions with
Sherwin Iron and Orion Metals.
Dr Li’s industry experience ranges from the delivery of project studies (PreFeasibility
and Definitive Feasibility Studies) to production and operations
across a diverse range of operations and commodities including base metals,
iron ore, mineral sands and coal.

Ardiden’s Chairman, Mr Neil Hackett, said Dr Li is a highly respected and wellcredentialed
mining executive with a broad depth of operational and technical
expertise at the highest levels of the mining industry.
“We are delighted that Michelle as agreed to join our board at an important
time for the Company,” he said. “Our team has done a great job in identifying
and securing our portfolio of advanced lithium and graphite assets in North
America at Seymour Lake, Root Lake and Manitouwadge.

“We are now planning to move ahead with resource development activities on
all of these projects, with a view of positioning Ardiden to become a niche
supplier of high-value product to the booming lithium-ion battery industry in
North America.

“With both lithium and graphite projects in our portfolio, we are well placed to
cover both ends of the supply spectrum for this rapidly emerging market sector,
and we are fortunate in having projects which are well located in respect to
existing infrastructure and in the heart of an established mining district.
“The addition of valuable technical expertise to the Company will be important
as we take these next steps and aim to make the transition from explorer to
developer and, ultimately, producer.

[Joshuatree]

Lithium pricing hasn't dropped so not sure why s/prices of many Lithium stocks have.Risk on maybe. Int article
lithium Could Be The New Gasoline As Tesla Stokes Demand (http://www.metal.com/newscontent/96682_lithium-could-be-the-new-gasoline-as-tesla-stokes-demand)

[SCHUMACHER]

All will come out in the wash - traders keeping it at bay before next big run IMO

For those wanting more info on their GRAPHITE project - here it is - quite outstanding to date to be honest and shareprice is a bargain

Manitouwadge Graphite Project Ardiden has applied for additional acreage at the Manitouwadge Graphite Project to the west and along strike
from the highly prospective Silver Star North Project.Mining claim applications totalling 48Ha of new ground have been physically staked and lodged with authorities. The newly staked ground includes EM anomalies that are expected to be prospective for graphite mineralisation.
The Silver Star North project showed strong prospectivity during the final 2015 drilling program with key findings ncluding graphitic gneiss intercepts of up to 41.5m (true width 30m) and flake sizes of up to 4,200 microns identified in petrographic reporting.
Refer to the ASX announcement dated 5 January 2016 for further details.
The total strike length of EM anomalies with graphite prospectivity at Manitouwadge is now approximately 20km

The total area at the Manitouwadge Graphite Project is nowover 5,300 Ha.

About the Manitouwadge Project
The 5,300 Ha Manitouwadge Jumbo Flake Graphite Project is located in Ontario, Canada. The Project has
a 19km strike length of EM anomalies with graphite prospectivity and is being subject to systematic exploration to determine areas that have potential to be a near-term development opportunity.

Metallurgical testwork has indicated that up to 80% of the graphite is high value jumbo or large flake graphite. Testwork has also indicated that simple, low-cost gravity and flotation beneficiation techniques can result in graphite purity levels of up to 96.8% for jumbo flake and 96.8% for large flake. Testing using the proven caustic bake process was able to produce ultra-high purity (>99.95%) graphite.

The graphite can also be processed into high value expandable graphite and produces a high quality graphene and graphene oxide.

[SCHUMACHER]

Comment for this afternoon - ADV is ridiculously undervalued - ADVANCED LITHIUM AND GRAPHITE EXPLORER with stronghold in Canada/ North america $4 million in the bank and currently in drill programme phase with results due soon

About the Manitouwadge Project
The 5,300 Ha Manitouwadge Jumbo Flake Graphite Project is located in Ontario, Canada. The Project has
a 20km strike length of EM anomalies with graphite prospectivity and is being subject to systematic exploration to determine areas that have potential to be a near-term development opportunity.

METALLURGICAL TESTING !!
Metallurgical testwork has indicated that up to 80% of the graphite is high value jumbo or large flake graphite. Testwork has also indicated that simple, low-cost gravity and flotation beneficiation techniques can result in graphite purity levels of up to 96.8% for jumbo flake and 96.8% for large flake. Testing using the proven caustic bake process was able to produce ultra-high purity (>99.95%) graphite.

The graphite can also be processed into high value expandable graphite and produces a high quality graphene and graphene oxide.

I expect this share price to take off like my fantastic RNU :) and the irony is that ADV is way more ADVANCED THAN RNU !!

ADV --------SUPER JUMBO GRAPHITE FLAKES with T.G.C (TOTAL GRAPHITE CONTENT ) of more than 12% + way advanced than many with historic drills with economical grades -

[SCHUMACHER]

FOUND IT from May 16 Presentation !!- MAIDEN GRAPHITE RESOURCE DUE LATE 2016 ANYTIME between now and end of year (September - will be fine by me ) !! :)

http://www.aspectfinancial.com.au/docserver/01743638.pdf?fileid=01743638&datedir=20160525&edt=MjAxNi0wOC0xMisxMjo0MToxMisxMjArNjEyMDg3ODIrZX RyYWRleG1sK3JlZGlyZWN0Ky9pbWFnZXNpZ25hbC9lcnJvcnBh Z2VzL0V0cmFkZVBERlRpbWVvdXQuaHRtbCsvaW1hZ2VzaWduYW wvZXJyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA==&popup=true

Exploring and developing the 100%-owned Manitouwadge Graphite Project in Ontario, Canada:
•3,000m of diamond core drilling completed by Ardidento date
•Outstanding graphite flake size distribution and metallurgical characteristics
•Maiden JORC Resource for Silver Star prospect targeted for late 2016

Outstanding results from drilling completed to date:
•High quality graphite coincident with strong EM anomalies confirmed over 10kmstrike length –further 9.3km of strike yet to be tested
•Widths of up to 41.6m (true width ~30m) of graphitic gneiss
•Graphite grades up to 16.8%Total Graphitic Carbon intersected
•Drilling to date suggests up to 80% of graphite is premium-priced jumbo /large flake size,flake sizes up to 4,200
microns identified
•Simple, low-cost gravity and flotation beneficiation yields up to 96.8% purity for jumbo and large flake
•Located in an established mining province, with good access to infrastructure (road, rail, power, phone and port facilitates) and local contractors and suppliers


ManitouwadgeGraphite Project
Emerging flake graphite opportunity7Outstanding Graphene and Expandable Potential
•Successful testworkconfirms the graphite is expandable and graphene can be extracted from Manitouwadge
ore using a number of different methods
•Graphene quality described as “outstanding” and comparable with synthetic graphene routes
•Thermal and electrochemical extraction methods most promising, both producing high-quality graphene
•Both extraction methods are rapid and scalable without the need for toxic chemicals, however further
testing is required
•Graphene has significant application as an additive in manufacturing:
•Addition of a small amount of graphene can impart exponential increases in strength and/or conductivity, facilitating production of stronger, lighter, more energy efficient products
•Major volume markets include carbon fibre composites, energy storage (batteries), anticorrosion coating and paints, conductive inks, plastics, alloys and building mater

[Jinx]

Looks very interesting, if I didn't already hold LRS i would look into grabbing some of these.

[SCHUMACHER]

Hope you all had a fantastic weekend - well ADV now poised for a run this week - they been trying all LAST week to push shareprice back which shows strong support and large capper at 2.2c now lifted as they accumulated a lot at 2.1c last week so in theory we should see this head into the mid 2.5c range this week GLTA


Break 2.2c and she will run :D
News must be close also so could be a catalyst to run back to 3c :)

[SCHUMACHER]

Not a great day for ADV - cappers came back and pushed it back to close at 2c so not a great finish - market will need more positive information to get this to move higher - we will need to hold 2c otherwise we may get some more selling pressure- personally i like the ADV story which is why im taking a slice at these price levels