Ardiden Confirms High-Grade Gold System in First Rouyn Drilling Results

Ardiden ( (AU:ADV) ) just unveiled an update.

Ardiden has reported its first assay results from the 2026 diamond drilling campaign at the Astoria deposit within the Rouyn Gold Project, confirming a high-grade gold system with standout intersections including 7 metres at 16.1 g/t gold and a 1-metre interval grading 78.7 g/t. These initial three holes, totalling 822 metres of a planned 15,000-metre program, demonstrate continuity of mineralisation typical of deposits along the Cadillac–Larder Lake Break.

Astoria was selected as the starting point for the campaign due to its existing resource and strong potential for down-plunge growth, with mineralisation remaining open along strike and at depth across the six-kilometre Rouyn corridor. The early success at Astoria underpins Ardiden’s view that the project can support expansion of its current mineral resource and the definition of additional high-grade zones, potentially enhancing the company’s growth prospects in one of Canada’s most productive gold belts.

The most recent analyst rating on (AU:ADV) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on Ardiden stock, see the AU:ADV Stock Forecast page.

More about Ardiden

Ardiden Limited is an ASX-listed gold exploration company focused on its 100%-owned Rouyn Gold Project in Québec, Canada. The company is targeting structurally controlled orogenic gold systems along a six-kilometre corridor on the Cadillac–Larder Lake Break, a prolific structure within the Abitibi Greenstone Belt that currently hosts a 1.66-million-ounce resource at an average grade of 3.28 g/t gold.

Average Trading Volume: 507,339

Technical Sentiment Signal: Hold

Current Market Cap: A$73.07M

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