Raiden Resources Limited (AU:RDN) has released an update.
Raiden Resources Limited is set to commence its maiden diamond drilling program at the Andover South Lithium Project after signing a State Deed with the Ngarluma Aboriginal Corporation and submitting for tenement grant approval, which may take 3-5 weeks. The company is ready to deploy drilling and earthmoving contractors immediately following the expected approval of the Programme of Work by the Department of Energy, Mines, Industry Regulation and Safety within 15 business days. Additionally, the company has renewed another tenement for five years and is advancing other projects toward drilling.
For further insights into AU:RDN stock, check out TipRanks’ Stock Analysis page.