Ardiden Limited (ASX: ADV) (''Ardiden' or 'the Company') is pleased to announce an extensive review of historical drillhole data at its Pickle Lake Gold Project in Ontario has revealed numerous high-grade drill intercepts up to 472.8 g/t Au over a 25km strike length.

Ardiden reviewed data from its recent acquisition over the 'New Patricia' Gold Property with Exiro Minerals Corp and also Ardiden's 100%-owned 'Dorothy-Dobie' Gold Property.

New Patricia and Dorothy Dobie tenements extend over a continuous length of 40km of under-explored yet prospective geological setting, directly along strike from the historical Golden Patricia Gold Mine (Barrick Gold Corp).

Contact:

Rob Longley

Tel: +61 8 9322 7600

Email: info@ardiden.com.au

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. Investors should make and rely upon their own enquires and assessments before deciding to acquire or deal in the Company's securities.

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