Raiden Resources Limited (ASX: RDN) reports significant findings from its soil sampling initiative at the Mt Sholl Lithium Project. The comprehensive soil geochemistry program has revealed distinct lithium trends spanning various regions within the project area. These trends include a 3.5km lithium in soil corridor, exhibiting a peak lithium value of 138.5ppm (298ppm Li2O) across the tenement's north-central sector. Another lithium-rich trend, extending 2.5km with a peak value of 187.5ppm lithium (404ppm Li2O), has been identified in the south-eastern zone of the permit.
These anomalies align with GreenTech Metals Ltd (ASX: GRE) Osbourne JV pegmatite discovery. Raiden plans to initiate a comprehensive follow-up program in early Q1 to define drilling targets for exploration in 2024. The Company conducted this extensive soil sampling campaign in October, targeting the most promising northern regions of the Mt Sholl project to assess potential lithium-bearing pegmatites. The collected samples underwent thorough analysis for a comprehensive suite of LCT elements and other pertinent elements.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.