Ardiden Ltd: Corporate Presentation
31.05.2017 | ABN Newswire
Perth - Ardiden Ltd. (ASX:ADV) is pleased to provide the Company's latest Corporate Presentation.A multi pronged strategy for growth...
- LITHIUM - Seymour Lake, Wisa Lake, Root Lake & Root Bay Lithium Projects
- COBALT, NICKEL AND COPPER - Bold Properties
- GRAPHITE - Manitouwadge Flake Graphite Project
SOLID FUNDAMENTALS
- A multi-pronged strategy (Lithium, Cobalt, Nickel and Copper and Graphite) for growth in energy metals (EV and Energy Storage)
- Excellent exploration and drilling results, to underpin maiden JORC Lithium and Graphite resources
- Ontario is an established Tier-1 mining district, with proactive development policies and support
- World class infrastructure (road, rail, power, phone and port facilitates) and direct access to rapidly, expanding American & Asian - EV and Energy Storage markets
- All year access to project locations
- Experienced Board, management and technical teams
- Strong provincial support from Ministry of Northern Development and Mines
- Established and good relationships with local first nations groups
- JORC Resource drilling program underway at Seymour Lake
- On-going discussions and site visits with multiple potential strategic and off-take partners
POSITIVE METALLURGICAL RESULTS
TESTWORK SUPPORT PROJECT'S COMMERCIAL POTENTIAL...
- Initial and subsequent Heavy Liquid Separation (HIS) testwork on Seymour Lake spodumene returns excellent results, readily produces high grade lithium concentrate up to 7.73% Li2O.
- Preliminary mineralogy tests show spodumene particles are well liberated at relatively course size.
- Production of the lithium concentrate at such a high grade well over the industry standard of 6% Li2O, as required by most lithium end-users.
- These preliminary testwork results are very encouraging and once again confirm the high quality of the Seymour Lake spodumene.
- Results to date bode well for future Lithium recovery.
- Initial results indicate that there appears to be minimal gangue minerals in the concentrate, with Fe2O3 and TiO2 of 1.03% and 0.03% respectively.
- Further testwork will determine recovery rates, sizing and work is ongoing to develop a suitable processing flowsheet.
OUTSTANDING GRAPHENE AND EXPANDABLE POTENTIAL
A 'WONDER MATERIAL' WITH ALMOST UNLIMITED APPLICATIONS
- Successful test work confirms 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:
o 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 materials
To view the full presentation, please visit:
http://abnnewswire.net/lnk/89C82PD2
About Ardiden Ltd:
Ardiden Ltd. (ASX:ADV) is an emerging international strategic metals company which is focused on the exploration, evaluation and development of two 100 per cent owned projects located in the established mining jurisdiction of Ontario, Canada.
Contact:
Investors: Brad Boyle Executive Director
Ardiden Ltd.
Tel: +61-8-6555-2950
Media: Nicholas Read Read Corporate
Mobile: +61-419-929-046
