Raiden Resources (ASX: $RDN) receives final heritage report for Andover North drilling

Raiden Resources Limited (ASX: $RDN) has received the final heritage survey report for its prospect areas at the Andover North Project, paving the way for the finalization of a drilling program across all Andover permits. The Company is set to commence a large Air Core, diamond, and rotary circulation drilling program, with AC drilling expected to begin as soon as Programs of Work (POW's) are approved.

Executive Commentary on Andover North Project

With the Andover North final heritage survey in hand and majority of POW's now submitted, we are ever so close to breaking ground on our Andover permits. Our planned drill program will incorporate a large Air Core, diamond, and rotary circulation drilling program across the entire project area, specifically E47/4061&2 where numerous stacked and mineralized lithium pegmatites have already been identified. The planned AC program will most likely commence first, as soon as the POW's are approved and we anticipate that our diamond and rotary circulation programs will follow shortly thereafter. The Company will provide an update to the market in regard to the likely schedule for drill commencement and management will be finalizing drill contractor negotiations in the following weeks. I, once again would like to thank the Ngarluma Traditional Owners, the Ngarluma Aboriginal Corporation and our consultants for all their assistance with respect to finalizing the heritage surveys.

Summary of ASX Announcement

Raiden Resources Limited (ASX: $RDN) has received the final heritage report for the Andover North Project, enabling the Company to progress with its planned drilling program. The Company aims to conduct a comprehensive drilling program, including Air Core, diamond, and rotary circulation drilling, across the entire project area. The receipt of the final heritage report confirms that key prospects for AC drilling will not be impeded, and the Company has already submitted POW's for 3 tenements, with the remaining to be submitted shortly. Management anticipates the AC drilling program to commence as soon as the POW's are approved, with discussions ongoing with drilling contractors to finalize the schedule for drill commencement. The Company plans to provide further details and an indicative schedule for the commencement of diamond and rotary circulation drilling in the near term.