RDN 2.94% 3.5¢ raiden resources limited

Highlights• Pegmatite outcrop analysis confirms five new...

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    Highlights
    • Pegmatite outcrop analysis confirms five new potential zonesfor lithium bearing pegmatites at Andover South project•
    Work to date has now defined six target zones on the AndoverSouth project• New target zones of interest are characterised by a high degree of fractionation (potassium/rubidium (K/Rb) ratio) of the pegmatites, indicating potential for Lithium-Caesium-Tantalum (“LCT”) mineralisation•
    A new prospective target zone located on E47/4061, which is the first evidence of prospectivity on this tenement and expands the potential strike of the key target zone in the pegmatite field to 4.2km• On the basis of these results, the Company will expand the maiden drilling program to test all six of the prospective target zones• Further targeting work remains to be undertaken over areas obscured by sedimentary cover - potential to define further target zones•
    Latest rock chip sampling results expected mid-January•
    Next steps: Additional sampling based on findings and drill plan refinement in conjunction with CSA Global, based on these findings –
    Company in the process for heritage survey and awaiting scheduled date

    NEXT STEP PLAN RETIREMENT
    Merry Xmas
    Good luck to All
 
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