Raiden rallying for forthcoming Andover drilling programs

Raiden Resources (ASX:RDN) is hoping to reveal its drilling plans for its Andover North and South projects in Western Australia as soon as possible following completion of two heritage surveys. 

Raiden says both surveys were completed on schedule and within budget alongside the Ngarluma Aboriginal Corporation (NAC). 

The Andover South heritage survey began on 25 March 2024 over priority lithium-bearing pegmatite targets at the project, while the survey at Andover North began in early April. 

Managing Director Dusko Ljubojevic says following receipt of the final NAC approval report, management will finalise the appointment of a drill contractor and reveal the drill program timetable. 

Raiden Resources is a dual-listed lithium, base metals, and gold explorer focused on its assets across Australia. The company also holds mineral rights to multiple projects in Serbia and Bulgaria.

As of 31 December 2023, the company had $7.714 million cash and cash equivalents at hand, according to its latest quarterly report. 

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Images: Raiden Resources 
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.