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Raiden Resources Limited ( (AU:RDN) ) has shared an update.
Raiden Resources Limited has secured an 85% commercial interest in the Crixás Gold Tailings Project in Brazil, a site with significant gold-bearing material from historical artisanal mining. The company plans to evaluate and potentially develop a 100tph gravity processing plant, aligning with its strategy to enhance shareholder value through capital-efficient projects. This acquisition is part of Raiden’s broader strategy to explore further gold and copper opportunities, while also considering divestment of non-core assets.
More about Raiden Resources Limited
Raiden Resources Limited is a company involved in the exploration and development of mineral resources, with a focus on gold, copper, lithium, nickel, and platinum group elements. The company operates in Australia and Bulgaria, aiming to secure value-accretive opportunities that enhance shareholder value.
Technical Sentiment Signal: Sell
Current Market Cap: A$20.71M
Find detailed analytics on RDN stock on TipRanks’ Stock Analysis page.