Highlights
- Raiden has revealed observations of the recently conducted Andover South Field Program.
- The results confirm five new target zones for lithium bearing pegmatites at the site.
- New potential zones of interest indicate potential for Lithium-Caesium-Tantalum mineralisation.
- Further work is planned prior to drilling in order to confirm additional potential zones of interest.
Raiden Resources Limited (ASX: RDN, DAX: YM4) has announced the results of a mapping and pegmatite analysis program conducted over the Andover South Lithium Project tenements. The results confirm five new potential zones for lithium bearing pegmatites at the site. So far, six target zones have been identified on the project.
Raiden had involved CSA Global for re-evaluation exercise of the Andover South pegmatite project in the Pilbara. Under the program, re-mapping of the defined pegmatites and analysis of the outcrop minerology was covered.
RDN shares traded 6% higher at AU$0.040 apiece, at the time of writing on 22 December 2023.