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Highlights
- A heritage survey has been secured for the Andover South Lithium Project.
- The survey is set to commence on 25 March 2024.
- RDN plans to commence maiden drilling on key targets within the Andover South project.
- The company also aims to secure an additional survey for the Andover North project.
Raiden Resources Limited (ASX: RDN, DAX: YM4) has obtained an archaeological/ anthropological heritage survey over the primary lithium-bearing pegmatite targets within its Andover South project covering E47/4061 and E47/4062. The survey has been secured in collaboration with the Ngarluma Aboriginal Corporation (NAC).
Scheduled to begin on 25 March 2024, the heritage survey will cover areas where the company identified prime targets for drilling over the project.
Significant results from outcropping sampling undertaken –
Image source: Company update
Maiden Drilling and Further Surveys
Following the completion of the heritage survey and regulatory processes for the grant of tenement E47/4062, the company plans to commence drilling activities at the Andover South project.
Raiden also intends to conduct further survey for the tenements E47/3849, P47/2028, E47/4063 & E47/4603 within the Andover North project area. This development would enable a parallel exploration program, aiding in the identification of potential pegmatite mineralisation.
RDN shares traded at AU$0.026 apiece at the time of writing on 6 March 2024.