FinTechFunding

Raiden Resources: Secures two diamond drill rigs for upcoming Mt Sholl program

Raiden Resources Secures two diamond drill rigs for upcoming Mt Sholl program

  • Raiden Resources (RDN) secures two diamond drill rigs for its upcoming drill program at its flagship Mt Sholl project in WA
  • The rigs will be mobilised to the site, with drilling due to commence as soon as the heritage report is completed
  • The company has completed the heritage survey with the traditional land owners and the heritage report is expected in two weeks
  • The 5000-metre diamond drill program aims to verify historical results, test certain geological concepts, and provide sample material for initial metallurgical testing
  • Shares in the company are up 12.5 per cent, trading at 0.9 cents at 11:28 am AEST
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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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