Drilling Underway at Rouyn Gold Project, Quebec
1 | P a g e
27 January 2026
DRILLING UNDERWAY AT ROUYN GOLD PROJECT, QUÉBEC
15,000m Program Targets Resource Growth at Astoria
Highlights
Phase 1 diamond drilling now underway at the Rouyn Gold Project in Québec, Canada
15,000 metres planned, representing an important milestone in advancing the Project
Drilling targets extensions and priority zones in the eastern portion of the Rouyn mineralised corridor
Program designed to systematically test priority targets and enhance geological confidence
Ardiden Ltd (ASX: ADV) (“Ardiden” or “the Company”) is pleased to announce that diamond drilling has
commenced at its Rouyn Gold Project in Québec, Canada. The 15,000-metre Phase 1 diamond drill program
represents the Company’s first drilling campaign at Rouyn and represents a key milestone in unlocking the
project’s growth potential.
Drilling has commenced at the Astoria Project Area, a high-priority target located in the eastern portion of the
known mineralised corridor, which hosts areas of historic mining activity. Astoria is considered prospective for
extensions to known mineralisation along strike and at depth, as well as the identification of additional
mineralised zones.
Commenting on the commencement, Managing Director Andrew Stocks stated:
“Commencing drilling at Rouyn marks an important milestone for the Company. This 15,000 metre
Phase 1 program has been carefully designed to systematically test priority targets, beginning with
Astoria, which we see as a key growth area within the broader Rouyn mineralised corridor. We are pleased
with the strong on-ground execution to date, supported by our experienced Québec-based team and
contractors. With the rig now turning, we look forward to delivering a steady flow of results to the market
as the program progresses.”
Figure 1 –Drill rig mobilisation & set-up at the Rouyn Gold Project – Astoria Project Area, Québec.
2 | P a g e
Phase 1 Drill Program – Astoria Project Area
The Phase 1 drilling program is designed to systematically evaluate priority target zones within and adjacent to
the existing mineralised footprint at Rouyn. Initial drilling at Astoria reflects its strategic position within the
eastern sector of the mineralised corridor and its potential to support future resource growth.
The objectives of the Phase 1 program include:
testing extensions to known mineralisation along strike and at depth;
improving geological confidence across priority target zones; and
supporting future exploration and resource growth initiatives at Rouyn.
Drilling will be undertaken by Forage Val d’Or with logistical support provided by Explo-Logik, both of which
were subject to competitive tender and engaged on the basis of pricing, capacity and regional experience.
Drilling will continue throughout the Phase 1 program, with results to be reported as they are received, verified
and interpreted.
Figure 2 – Rouyn Gold Project
The Rouyn Gold Project is located in the Rouyn-Noranda district of the Abitibi greenstone belt, Québec – one of
the world’s most prolific gold-producing regions. The Project benefits from:
excellent regional access and established infrastructure;
proximity to skilled mining services; and
location within trucking distance of multiple gold processing facilities.
Prior to commencement of drilling, Ardiden successfully completed its first community information session.
3 | P a g e
Drilling will continue throughout the Phase 1 program, with market updates expected as results become
available. Ardiden remains focused on advancing Rouyn through disciplined exploration and value-driven
decision-making.
This information is authorised for ASX release by the Board.
Engage with this announcement at the Ardiden Investor Hub.
For further information:
Andrew Stocks Tara Robson
Managing Director Director and Company Secretary
Tel: +61 8 6184 5938
investors@ardiden.com.au
More information is available from the Company’s website: www.ardiden.com.au
About Ardiden
Ardiden is a Canadian focused gold company exploring two high-quality gold projects in Canada’s premier mining
jurisdictions. The Rouyn Project is located on the Cadillac Break of western Québec, one of the world’s most productive gold
belts, producing approximately 200M ounces over the past century. The Pickle Lake Project, located in the well-endowed
Uchi Geological Subprovince of north-west Ontario, home to many past producing mines, provides exploration upside at a
district scale.
Forward Looking Statement
This announcement may contain some references to forecasts, estimates, assumptions and other forward-
looking statements. Although the Company believes that its expectations, estimates and forecast outcomes are
based on reasonable assumptions, it can give no assurance that they will be achieved. They may be affected by
a variety of variables and changes in underlying assumptions that are subject to risk factors associated with the
nature of the business, which could cause actual results to differ materially from those expressed herein. All
references to dollars ($) and cents in this presentation are to Australian currency, unless otherwise stated.
Investors should make and rely upon their own enquires and assessments before deciding to acquire or deal in
the Company’s securities.
Share your feedback
Discover