Raiden Resources (ASX: $RDN) receives final heritage report for Andover South project

Raiden Resources Limited (ASX: $RDN) has received the final heritage survey report for its priority lithium-bearing pegmatite targets at the Andover South Project area. The report confirms the clearance of key target areas for drilling, indicating the absence of any culturally sensitive areas. The Company is now actively engaging with drilling contractors for the maiden Andover South BULGARIA Project diamond and RC drill program. Additionally, planning is underway for an air core drilling program to test for further potential pegmatite hosted mineralisation on tenements where potential pegmatite hosted mineralisation may exist under shallow sediment cover. The Company is eagerly anticipating the final heritage report for the Andover North Project to finalize the extent of the air core drilling program and looks forward to updating shareholders on the planned start date in due course.

Executive Commentary

With the final heritage report received for the Andover South project, management are actively engaging with drilling contractors for the maiden Andover South BULGARIA Project diamond and RC drill program. In addition, the Company is planning an air core drilling program to test for further potential pegmatite hosted mineralisation on tenements where potential pegmatite hosted mineralisation may exist under shallow sediment cover. The extent of the air core drilling program will be finalised on receipt of the final heritage report for the Andover North Project. The Company is very excited to undertake the maiden drilling program across its Andover Projects and looks forward to updating shareholders of the planned start date in due course. Next steps towards achieving this major milestone are prescribed timeframes set by DEMIRS, so once the final heritage report is received, the Company will be better placed to confirm this timetable.

Summary

Raiden Resources Limited (ASX: $RDN) has successfully received the final heritage survey report for its Andover South Project, confirming the absence of any culturally sensitive areas in the key target areas for drilling. The Company is now in discussions with drilling contractors to commence the maiden Andover South BULGARIA Project diamond and RC drill program. Additionally, plans for an air core drilling program to test for further potential pegmatite hosted mineralisation are underway. The Company eagerly awaits the final heritage report for the Andover North Project to finalize the extent of the air core drilling program and will update shareholders on the planned start date in due course. Raiden Resources remains focused on unlocking value from its exploration portfolio and delivering significant mineral discoveries.