Raiden Resources: Posts high-grade intercepts from B2 deposit, WA

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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.

Raiden Resources Posts high-grade intercepts from B2 deposit, WA

  • Raiden Resources (RDN) reports high-grade drilling intercepts from the B2 deposit within its Mt Sholl project in Western Australia
  • The hits come from RDN’s maiden drilling work in the area and include a 3.1-metre zone of high-grade nickel, copper, cobalt and platinum group element mineralisation
  • The samples were taken from a maiden drilling program in the area, which included 39 holes for 4204 metres
  • The deposit remains open in multiple directions, which the company says leaves room to expand on the currently-defined mineralisation
  • Raiden shares are trading at 0.8 cents at 1:32 pm AEDT
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