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The latest update is out from Raiden Resources Limited ( (AU:RDN) ).
Raiden Resources Limited has announced the results of an Induced Polarisation (IP) survey at its Vuzel Gold Project in Bulgaria, which has identified multiple untested gold and silver targets. The survey results have expanded the exploration footprint and identified new structural trends that align with existing positive drilling results, suggesting the potential for a significant shallow gold system. The company plans to finalize high-priority drill targets and resume drilling activities once permitting for the Skarn Silver Anomaly is approved. The recent assay results, while modest, confirm widespread near-surface gold mineralization, supporting the potential for multiple high-grade feeder zones.
More about Raiden Resources Limited
Raiden Resources Limited is a company involved in the exploration and development of mineral resources, focusing on gold, silver, copper, and other valuable metals. The company operates primarily in Australia and Bulgaria, targeting significant mineral deposits to enhance its asset portfolio.
YTD Price Performance: 36.36%
Technical Sentiment Signal: Sell
Current Market Cap: A$13.8M
See more insights into RDN stock on TipRanks’ Stock Analysis page.