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Raiden Resources Limited ( (AU:RDN) ) just unveiled an update.
Raiden Resources Limited announced that it retains 100% ownership of the Arrow Gold Project after Mallina Co Pty Ltd decided not to proceed with the next stage of their farm-in agreement. Despite Mallina meeting the initial exploration expenditure requirements, Raiden plans to further explore the project’s potential by analyzing data generated from Mallina’s work, aiming to refine their exploration strategy and focus on projects with strong potential.
More about Raiden Resources Limited
Raiden Resources Limited is a company operating in the mining industry, focusing on exploration and development of mineral resources. Its asset portfolio includes lithium, gold, copper, nickel, and platinum group elements in Australia, as well as copper, gold, and silver in Bulgaria.
YTD Price Performance: 36.36%
Technical Sentiment Signal: Sell
Current Market Cap: A$20.71M
For an in-depth examination of RDN stock, go to TipRanks’ Overview page.