Raiden Resources Identifies Promising Pegmatite Systems at Andover South

Raiden Resources Limited ( (AU:RDN) ) just unveiled an announcement.

Raiden Resources Limited announced the final assay results from its maiden diamond drilling program at the Andover South Lithium Project in Western Australia. The program identified two distinct pegmatite systems and confirmed high-grade mineralization in specific target areas. Although some areas did not yield high grades, the company is encouraged by the presence of promising pegmatite structures, which suggest a larger mineralized system in the unexplored Southern Corridor target. Future drilling and evaluation are planned to further define these potential targets, with ongoing efforts also focused on Andover North and other joint venture projects.

More about Raiden Resources Limited

Raiden Resources Limited is a diversified exploration and development company with a portfolio of assets in Australia, Serbia, and Bulgaria, focusing on lithium (Li), gold (Au), copper (Cu), nickel (Ni), platinum group elements (PGE), and silver (Ag).

Average Trading Volume: 41,700

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €31.01M

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