Ardiden Limited (ASX: ADV) has commenced an Airborne Geophysical Survey at the Pickle Lake Gold Project in Canada.
The company has engaged geophysics specialist, TerraQuest, to conduct a detail High-Resolution Aeromagnetic survey over the company’s New Patricia Gold Property – an exciting Brownfields opportunity directly along strike of the Golden Patricia Gold Mine.
Managing Director, Rob Longley, said the high-resolution geophysical survey will greatly assist in evaluating the under- explored New Patricia Property for detailed drill targeting.
The gold mineralisation trend running through the New Patricia Property is a south-easterly extension of the same structure that also hosts the 99,600 oz Au @ 5.7g/t Au non-JORC Historical Estimate at the company’s 100%-owned Dorothy-Dobie Deposit and the 619,796 oz @ 15.2g/t Au mined from the Golden Patricia underground gold mine, before operations ceased in 1997.
The survey is anticipated to take two weeks, weather permitting. Subsequent processing will assist in evaluating the New Patricia Property for detailed drill targeting.
The survey will include High-Resolution Aeromagnetic, Horizontal Gradiometer, Radiometrics and Matrix Digital VLF- EM. It will extend more than 3000 line-kilometres over the entire New Patricia claim to provide detailed and complete coverage of this highly prospective, yet largely under-explored gold property.
Mr Longley said the previous survey over New Patricia, undertaken by The Ontario Geological Survey (45 years ago) at a wide-spaced 200m line spacing and 120m elevation, is significantly less penetrative than this 50m line spaced helicopter survey at a flight height of only 25-35m.
