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Raiden Resources is a dual ASX/DAX listed, transition metals/gold focused exploration company with an established portfolio of projects in the Pilbara Region of Western Australia, which is consistently rated as one of the best mineral resource jurisdictions in the world and.
The Company’s flagship project is the Andover South Lithium discovery, where the Company has mapped out a significant pegmatite field, adjacent to the Azure Mineral’s world-class Andover Lithium discovery. Raiden has defined similar potential, with pegmatites outcropping up to 50 metre widths, over a 3km strike and grading up to 2.7% Li2O in outcrop. The Andover North, Arrow and Mt Sholl projects are also prospective for pegmatite hosted Lithium potential and provide the company with significant upside for further lithium mineralisation potential.
The Company is also advancing the Mt Sholl Ni-Cu-PGE sulphide deposit where the maiden mineral resource was announced earlier in 2023. The MRE of 23.4Mt @ 0.60% Ni_Eq/1.54% Cu_Eq) remain open along strike and to depth and is the basis for the JORC Exploration Target of 80 – 150Mt at a grade range of 0.45% – 0.75% Ni_Eq or 1.15% – 1.95% Cu_Eq.
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