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Raiden Resources Limited ( (AU:RDN) ) just unveiled an update.
Raiden Resources Limited has completed significant exploration activities in the December 2024 quarter, focusing on their Andover South, Mt Sholl, and Arrow projects. The company undertook its maiden drilling program at the Andover South Project, discovering noteworthy pegmatite zones and completing over 7,000 meters of drilling. Regulatory approvals enabled the Mt Sholl project’s drilling, which was financed by First Quantum Minerals. At the Arrow Gold Project, the aircore drilling program was finalized, backed by Mallina Co Pty Ltd. Additionally, Raiden raised $10 million from investors, enhancing its financial position to support ongoing and future exploration activities.
More about Raiden Resources Limited
Raiden Resources Limited is a company engaged in the exploration of various minerals including lithium (Li), gold (Au), copper (Cu), nickel (Ni), and platinum group elements (PGE) across Australia, Serbia, and Bulgaria.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €14.48M
See more data about RDN stock on TipRanks’ Stock Analysis page.
