Ardiden Limited – Full Year Statutory Accounts
Press Release
DIRECTORS
Michelle Roth (Independent Non-Executive Chair)
Jeremy Robinson (Non-Executive Director)
Doug Jendry (Independent Non-Executive Director)
CHIEF EXECUTIVE OFFICER
Tara Robson
COMPANY SECRETARY
Tara Robson
REGISTERED AND PRINCIPAL OFFICE
Level 1, 45 Ventnor Avenue
West Perth WA 6005
Postal Address
Po Box 611
West Perth WA 6872
Telephone: (08) 6184 5938
Website: www.ardiden.com.au
SHARE REGISTRY
Computershare Investors Services Pty Limited
Level 17, 221 St Georges Tce
Perth WA 6000, Australia
Telephone: 1300 850 505 (within Australia)
Telephone: +61 3 9415 4000 (outside Australia)
Facsimile: +61 3 9473 2500
AUDITORS
Nexia Perth Audit Services Pty Ltd
Level 3, 88 William Street
Perth WA 6000
SOLICITORS
Gilbert + Tobin
Level 16 Brookfield Place Tower 2
123 St Georges Terrace
Perth WA 6000
AUSTRALIAN SECURITIES EXCHANGE
Ardiden Limited shares (ADV) are listed on the Australian Securities Exchange.
CORPORATE STRUCTURE
Ardiden Limited is a limited liability company that is incorporated and domiciled in Australia.
Ardiden Limited has prepared a consolidated financial report incorporating the entities that it
controlled during the financial year (collectively the “Group”) as follows:
Ardiden Limited Parent Entity
Ardiden Canada Ltd 100% owned and controlled entity
Uchi Gold Canada Ltd 100% owned and controlled entity (dissolved 18 July 2024)
NATURE OF OPERATIONS AND PRINCIPAL ACTIVITIES
Ardiden Limited (ASX: ADV) (“Ardiden” or “the Company”) is an ASX-listed gold exploration company focused on systematic gold exploration at its 100% owned Pickle Lake Gold Project in north-west Ontario, Canada. Ardiden is solely focused on gold exploration having sold its lithium project, over a staged disposition to Green Technology Metals (ASX:GT1) over the course of the previous two years. As a result, Ardiden is well funded
with $10.8M cash on hand, a further $1.2M held in trust at Canada Revenue Agency (CRA), and currently owns ~13 million shares in GT1.
OPERATIONS REVIEW
PICKLE LAKE GOLD PROJECT
The Pickle Lake Gold Project is a District- Scale landholding, located east of Red Lake in the well-endowed Uchi Geological sub-province of north-western Ontario, Canada (Figure 1). The Uchi Province is host to numerous producing gold mines at Red Lake and at Musselwhite, and is a highly active exploration area with Evolution, Newmont, Kinross, and other development and exploration companies all actively pursuing gold exploration work in the area. There are three existing gold deposits (Kasagiminnis, Dorothy and Dobie) and several other identified brownfield and greenfield gold prospects over a 100km wide belt (Figure 2).
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