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Raiden Resources: Confirms nickel-copper-PGE mineralisation in first holes at B2, WA | Fintech InShorts: Latest fintech news, analysis by experts

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Raiden Resources: Confirms nickel-copper-PGE mineralisation in first holes at B2, WA

By Steve Sam

October 24, 2022

Raiden Resources Confirms nickel-copper-PGE mineralisation in first holes at B2, WA

Raiden Resources (RDN) receives initial “high-grade” results from maiden drilling at the B2 deposit within its Mt Sholl project in Western Australia
Results include 24.5 metres at 1.27 per cent nickel equivalent from 43 metres, confirming broad, near-surface nickel-copper-platinum group element sulphide mineralisation at B2
MD Dusko Ljubojevic says the results are “very encouraging” and support RDN’s belief that Mt Sholl has the potential to be Australia’s “next exciting nickel-copper-PGE deposit”
The company is waiting on assays for the remaining drill holes, which have all intersected visual mineralisation
Raiden shares are up 12.5 per cent to trade at 0.9 cents at 11:56 am AEDT