FinTechFunding

Raiden Resources: Secures two diamond drill rigs for upcoming Mt Sholl program

Raiden Resources Secures two diamond drill rigs for upcoming Mt Sholl program

  • Raiden Resources (RDN) secures two diamond drill rigs for its upcoming drill program at its flagship Mt Sholl project in WA
  • The rigs will be mobilised to the site, with drilling due to commence as soon as the heritage report is completed
  • The company has completed the heritage survey with the traditional land owners and the heritage report is expected in two weeks
  • The 5000-metre diamond drill program aims to verify historical results, test certain geological concepts, and provide sample material for initial metallurgical testing
  • Shares in the company are up 12.5 per cent, trading at 0.9 cents at 11:28 am AEST
Previous article
LendInvest: Opens Scottish office
Next article
Marquee Resources: Completes first hole at Kibby Basin
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

WealthCom Secures $65M Funding Boost for Expansion

The investment aims to enhance service offerings and accelerate growth.Highlights: WealthCom raises $65 million in Series B funding.New...
FinTech

Financial Health Tools Could Unlock $5B in SME Lending

CFIT report highlights the potential of financial hygiene tools for small businesses.Highlights: CFIT report suggests financial health tools...
FinTech

Coinbase Strengthens UK Crypto Borrowing Options for Customers

Users can now borrow against their cryptocurrency holdings in the UK.Highlights: Coinbase now allows UK customers to borrow...
FinTech

Chase UK Appoints Monzo’s Malani as CEO, Strengthening Leadership Team

Former Monzo executive will lead Chase UK's growth strategy.Highlights: Chase UK appoints Monzo veteran Malani as CEO.This move...