Misleading, your words and I dont know why you sound so angry either. I am simply stating that they have shown the potential on paper i.e. results of drilling as below taken from their website.
Ardiden holds a highly-prospective, diversified commodity portfolio • Ardiden currently targeting quality hard-rock energy minerals • Seymour Lake (100% owned) is the Company’s flagship project and highly advanced lithium prospect • Seymour Lake hosts high-grade premium quality hard-rock lithium project, with Lithium grades up to 6.01% Li2Oidentified (ASX Release: 20 December 2016) • Drill testing extension of known spodumene hosting pegmatite structures within the Aubry prospects of the Seymour Lake Lithium Project • Targeting substantial resource upgrade at Seymour Lake in 2018 HIGH-QUALITY PROJECT PORTFOLIO ARDIDEN LIMITED
A MULTI-ELEMENT DIVERSIFIED PORTFOLIO ✓ Flagship project ✓ Most advanced lithium project ✓ Near-term development potential ✓ High-grade, premium quality hardrock lithium up to 6.01% Li2O ✓ Only 5% of 5km strike drilled ✓ Upside tonnage potential ✓ Close proximity to world-class infrastructure/rail ✓ Strategic Chinese partner in place ✓ Targeting substantial resource upgrade in 2018 SEYMOUR LAKE LITHIUM PROJECT PICKLE LAKE GOLD (Option) ✓ Highly prospective, advanced gold project ✓ Further diversifies Ardiden’s commodity portfolio and strengthens footprint in Canada ✓ Disciplined exploration approach to uncover upside potential and value ✓ A strategic asset, with potential to add significant value to existing shareholders OTHER PROJECTS WISA LAKE LITHIUM ✓ Highly-prospective lithium project ✓ Historical drilling will form the basis for further exploration activity • ROOT LAKE/BAY LITHIUM PROJECTS • BOLD PROPERTY COBALT-COPPER-NICKEL PROJECT • MANITOUWADGE GRAPHITE PROJECT.
Seymour Lake is high-grade, premium quality, hard-rock project with Lithium grades up to 6.01% Li2Oidentified
• The most advanced near-term development project.
• Significant upside in resource and development as only ~5% of 5km strike has been drilled thus far
• At or near-surface spodumene bearing pegmatites
• A large focus will be placed on North, Central and South Aubry over the coming months
• On-going discussions with multiple potential strategic and off-take partners
• Targeting substantial resource upgrade in 2018
• Upside exploration potential with 40 additional pegmatite exposures to be evaluated and drill tested SEYMOUR LAKE – OUR FLAGSHIP PROJECT ARDIDEN LIMITED |
DRIVING SEYMOUR LAKE TOWARDS PRODUCTION
ARDIDEN LIMITED | ASX: ADV 20
• Ardiden is well-funded to aggressively explore and develop the 100% owned, flagship Seymour Lake project
• A large exploration focus will be placed on North, Central and South Aubry prospects over the
coming months
• Ardiden will be targeting a number of near-surface spodumene bearing pegmatites throughout
Seymour Lake landholding
• The Company is focused on delivering a substantial resource upgrade for Seymour Lake in 2018
• Supportive partner Yantai continues to develop and produce world-class metallurgical lithium
concentrate results
A high-quality, near-term lithium opportunity
and I suppose the top three holders are all mislead by the company.