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Raiden Resources: Completes maiden drilling at Kalabak

October 19, 2020

Raiden Resources (RDN) has completed its maiden drilling program at the Kalabak Project in Bulgaria
The copper-gold explorer, dual-listed on the ASX and the DAX, primarily focused on the Tethyan metallogenic belt in Eastern Europe
The recently completed diamond drilling program tested the Sbor and Belopoltsi targets
The latter has defined as a gold-copper-molybdenum in soil anomaly with outcropping alteration
The company has until the end of January 2021 to carry out due diligence and decide if it wishes to exercise the option to acquire Pilbara Gold
Shares have been trading 24.3 per cent higher at 4.6 cents