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Raiden Resources (ASX: RDN) Unveils Promising Pegmatite Zone at Andover South

November 26, 2024 02:55 PM AEDT | By Team Kalkine Media
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Highlights

  • Maiden diamond drillhole (ASDD023) at Andover South intersected a significant ~250-metre pegmatite-bearing zone in Target Area 7.
  • Drillhole ASDD023 terminated within a 57-metre-thick pegmatite zone, with plans for redrilling to continue exploration in Target Area 7.
  • Initial drilling in Target Areas 1 and 2 revealed 15.3 metres at 0.53% Li2O, with further drilling planned to explore untested zones.

Raiden Resources Limited (ASX:RDN) has announced a notable discovery at its Andover South Lithium Project, situated in the Pilbara region of Western Australia.

The initial results from its maiden diamond drilling program revealed a significant ∼250-metre pegmatite-bearing zone, with the first diamond drillhole (ASDD023) drilled in Target Area 7. This promising intersection underscores the project's potential for further exploration.

Additionally, planning for subsequent drilling in Target Areas 1 and 2 is underway, aiming to expand on these initial findings and further assess the lithium-bearing zones within the project area.

RDN shares were trading at AU$0.019 at the time of writing on 26 November 2024.


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