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Raiden Resources Limited ( (AU:RDN) ) has shared an announcement.
Raiden Resources Limited reported significant progress in its exploration activities during the September 2025 quarter, particularly at the Vuzel Gold Project in Bulgaria. The company completed approximately 3,450 meters of drilling across Phases 1 and 2, revealing widespread gold mineralization with most drill holes intersecting gold. A high-grade feeder structure was identified, and new exploration targets were delineated, expanding the project’s potential. Raiden also retained full ownership of the Mt Sholl Project and continued to explore new acquisition and divestment opportunities, maintaining a cash balance of $13.25 million.
More about Raiden Resources Limited
Raiden Resources Limited is a company engaged in the exploration and development of mineral resources, focusing on gold, copper, silver, and other precious metals. It operates primarily in Australia and Bulgaria, with a diverse asset portfolio that includes lithium, gold, copper, nickel, and platinum group elements.
Technical Sentiment Signal: Sell
Current Market Cap: A$20.71M
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