The announcement highlights Raiden Resources' progress in the Mt Sholl project, with a focus on nickel, copper, and cobalt deposits. Key results include drilling data that suggests the presence of economically viable mineralization. While these findings reinforce the project's potential, critical challenges include the reliance on further exploration to confirm resource estimates and the need for substantial capital to advance development.This update is positive but requires additional verification through continued exploration and cost analysis to ensure commercial feasibility. The market response will hinge on forthcoming detailed resource models.Read the full announcement.
RDN Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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