HomeFinTechRaiden Resources: Receives Programme of Work approval for Mt Sholl

Raiden Resources: Receives Programme of Work approval for Mt Sholl

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Raiden Resources Receives Programme of Work approval for Mt Sholl

  • Raiden Resources (RDN) receives a Programme of Work (PoW) approval to undertake drilling at its Mt Sholl nickel copper cobalt PGE project in Western Australia
  • The program aims to define resources across three deposits, test direct extensions to potentially increase tonnage and drill geophysical targets to define mineralised bodies
  • The company previously identified a large nickel and copper sulphide exploration target which is defined across three deposits
  • The exploration program will focus on this target as well as areas recently highlighted from a remodelling of airborne ground electromagnetic data
  • Shares are trading 8.33 per cent higher today at 1.3 cents each
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