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Raiden Resources: Completes maiden drilling at Kalabak

  • 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
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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.

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