Raiden's key target areas found drill ready in cultural heritage survey


Raiden Resources (ASX:RDN) has announced its key target areas for upcoming drilling have been OK’d by an Indigenous heritage survey.

An indication of total lack of cultural sites at Andover South was confirmed on Friday. Meanwhile, the company is now planning an exploration program at Andover North after receiving results for that asset.

While the company described reports as “preliminary,” management is in receipt of documentation for both Andover North and South respectively.

Final iterations are expected in the coming weeks “from where [Raiden] will … provide a timeline for drilling.”

The company’s Andover projects are both suspected to contain pegmatite fields with geotechs foremost interested in Andover South at this current time.

“These heritage survey results now allow Raiden to confidently progress with the planning, and execution, of its exploration plans in the knowledge that we will not be disturbing areas of cultural significance to the Ngarluma people,” Raiden chief Dusko Ljubojevic said.

“I would personally like to thank the Ngarluma Traditional Owners, and the NAC, for their assistance in ensuring the Traditional Owners knowledge of the area has been used to identify areas of cultural significance to the Ngarluma during these surveys.”

RDN shares last traded at 3.7cps.


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