RDN raiden resources limited

The drilling results for Target Area 7 highlight significant...

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    The drilling results for Target Area 7 highlight significant exploration progress, with visible spodumene in the core suggesting potential economic mineralization. Below is an analysis of the information:Key Insights from Drilling ResultsStrike Potential Confirmationrillhole ASD0025 intercepts pegmatite mineralization 315m along the strike of a prior intercept (ASD0023). This establishes continuity and suggests a significant strike extent of the pegmatite swarm.Spodumene Visibility:Spodumene-bearing zones identified in ASD0025 reinforce the prospect of lithium-bearing mineralization. While visual assessment is promising, the economic value will depend on lab analysis for lithium content and impurities.Depth and Downhole Width:Multiple intercepts of pegmatite along downhole profiles indicate substantial mineralized zones. However, as the true thickness of the pegmatites is undetermined, further structural analysis is critical.Exploration Continuityrilling will continue to assess the pegmatite trend:At shallower depths, targeting potentially easier-to-access resources.Along the strike, to fully delineate the mineralized system.Cautionary ConsiderationsLaboratory Confirmation:Visual spodumene estimates provide initial guidance but are not substitutes for quantitative lab analysis. Grades, impurities, and deleterious elements (e.g., iron content) will significantly influence economic feasibility.Structural Complexity:True orientation and geometry of the pegmatite swarm are unknown. Final valuation requires structural interpretation from core logging.Recommendations for Next StepsLab Analysisrioritize assays for spodumene-rich zones to determine lithium grade and impurity levels.Geometric Analysis:Accelerate structural analysis to model the pegmatite's true thickness and orientation.Shallow Targeting:Focus on shallow, high-grade zones for potential early-stage development.Stakeholder Communicationrovide regular updates to investors, emphasizing lab-confirmed results and ongoing exploration plans.With strong initial indications and continued exploration, Target Area 7 holds high potential for economic lithium mineralization, pending laboratory results and further structural validation.
 
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Last
0.4¢
Change
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Mkt cap ! $13.80M
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0.5¢ 0.5¢ 0.4¢ $102.6K 21.80M

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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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