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Raiden Resources Limited ( (AU:RDN) ) has issued an update.
Raiden Resources Limited has reported promising results from its Phase 2 diamond drilling program at the Vuzel Gold Project in Bulgaria. The discovery of a potential epithermal feeder structure and consistent gold mineralization across all drill holes support the company’s exploration model, suggesting an extensive near-surface gold system with high-grade potential. The drilling program has been expanded to 4,000 meters to further explore and refine targeting of these structures, significantly expanding the known mineralization footprint and potentially enhancing Raiden’s industry positioning.
More about Raiden Resources Limited
Raiden Resources Limited is a company engaged in the exploration and development of mineral resources, focusing on gold, copper, and other precious metals. The company operates in Australia and Bulgaria, with a particular emphasis on its Vuzel Gold Project in Bulgaria.
Technical Sentiment Signal: Sell
Current Market Cap: A$20.71M
See more data about RDN stock on TipRanks’ Stock Analysis page.