Raiden Resources Limited ( (AU:RDN) ) has issued an update.
Raiden Resources Limited has announced promising results from its recent Mt Sholl drilling program, which was conducted in partnership with First Quantum Minerals. The program, consisting of 10 reverse circulation holes, has identified potential extensions to existing nickel-copper-cobalt mineralization and new targets in the Keel area. These findings suggest the possibility of expanding the current mineral resource, with pending assays for platinum group elements and gold potentially adding further value. The company’s active exploration strategy, supported by joint ventures, continues to yield positive outcomes while maintaining financial stability.
More about Raiden Resources Limited
Raiden Resources Limited is a company involved in the exploration and development of mineral resources. It operates in Australia, Bulgaria, and Serbia, focusing on commodities such as lithium, gold, copper, nickel, and platinum group elements.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €12.48M
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