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Raiden Resources Ltd (ASX:RDN) is gearing up to finalise drilling plans across all its Andover permits in the WA Pilbara region – where it is seeking lithium pegmatites – having achieved the final stage of heritage surveying across Andover North tenements.
The company received the final heritage report for the Andover North project from the Ngarluma Aboriginal Corporation, showing that no substantial changes had been made to the preliminary heritage survey.
Crucially, this indicated that there would be no impediment to aircore drilling across key lithium prospects, which management believe have the potential for pegmatite hosted Li2O mineralisation across the Andover North project.
Raiden has progressed quickly through heritage work at its Andover tenements, achieving clearance on Andover South earlier this month, and submitting programs of work (POWs) for three tenements, with remaining POWs to be submitted shortly.
The company will then move on to aircore drilling work, and will provide a schedule for diamond and rotary circulation drilling in the near term.
Managing director Dusko Ljubojevic said he was pleased to see Raiden reach this important stage before more detailed exploration could commence, and thanked the Ngarluma Traditional Owners for their support.
“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,” he said.
“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 mineralised 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.”
Raiden has been trading at 5.2 cents.
