Mt Sholl. Source: Raiden Resources
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  • Raiden Resources (ASX:RDN) unleashes the results of a soil sampling program at its Mt Sholl North project in Western Australia
  • The program revealed several clear lithium in soil trends
  • One lithium in soil trend encompasses a 3.5-kilometre strike length and peak value of 138.5ppm lithium extending across the north-central part of the tenement
  • Raiden plans a detailed follow-up program in early 2024 to define drill targets
  • RDN shares last traded at 3.8 cents

Raiden Resources (ASX:RDN) has unleashed the results of a soil sampling program at its Mt Sholl North project in Western Australia, revealing several clear lithium in soil trends.

The program, conducted in October, analysed samples for a complete suite of LCT elements and others, aiming to assess the potential for lithium-bearing pegmatites, particularly in the project’s northern areas.

One lithium in soil trend encompasses a 3.5-kilometre strike length and peak value of 138.5 parts per million (ppm) lithium extending across the north-central part of the tenement.

Another trend includes a 2.5-kilometre strike length with peak value of 187.5 ppm lithium, defined in the southeastern part of the permit.

“The fact that the anomalies are within the same district and along strike from a recent pegmatite discovery on the adjoining property provides further encouragement that the anomalies may be associated with a mineralised system,” RDN Managing Director Dusko Ljubojevic said.

What’s next

A detailed follow-up program is scheduled for early 2024 with a focus on regolith analysis in relation to soil anomalies.

The anomalies align with GreenTech Metals lithium-in-soil anomalies, positive rock sampling, and its recent pegmatite intersection in drilling.

For Raiden, the upcoming detailed follow-up work aims to refine these anomalous trends and potentially define drill targets on the Mt Sholl lithium project.

RDN shares last traded at 3.8 cents.

RDN by the numbers
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