Raiden Resources Advances Drilling Programs and Secures Funding

Raiden Resources Limited (AU:RDN) has released an update.

Raiden Resources Limited has made significant progress in its exploration activities for the September 2024 quarter, with the commencement of a 5,000m diamond drilling program at the Andover South Lithium Project, potentially expanding to 15,000m. The company also completed a $10 million placement to support these endeavors, demonstrating strong investor interest. Additionally, heritage surveys were completed for the Mt Sholl and Arrow Gold projects, paving the way for future drilling campaigns.

For further insights into AU:RDN stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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