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Raiden Resources Ltd (ASX: RDN) has completed a set of two heritage surveys which were running concurrently on the Andover South and Andover North plays in Western Australia’s Pilbara region.
Surveying at the Andover North tenements began at the start of this month, following an earlier program at the more advanced Andover South which began on March 25. Both were done in conjunction with the Ngarluma Aboriginal Corporation and their completion brings Raiden to the cusp of intensifying its exploration program targeting high-grade mineralisation.
Raiden has already identified priority drill targets at Andover South, where it is seeking to test high grade lithium-bearing pegmatites. Once the heritage survey is approved, Raiden plans to engage drill contractors.
Managing director Dusko Ljubojevic said the company was planning to move quickly onto detailed exploration for lithium.
“With both surveys over Andover North and South completed, we look forward to receiving the preliminary reports from the consultants,” he said.
“As soon as we have the final reports of the survey, management will provide a drill commencement plan, timetable and finalise all contractor engagements.”
Raiden has been chasing lithium mineralisation at the two tenements – adjacent to Azure Minerals’ Andover deposit and sitting along the Andover Mafic-Ultramafic Intrusive Complex in the Pilbara region – since June last year and has progressed swiftly through early exploration for high grade hard rock lithium mineralisation.
Raiden last traded at 3.2c.
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