- 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
