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Raiden Resources Ltd.
Summary
| Project: | Majdanpek West | |
|---|---|---|
| Deposit: | Leskovo South | |
| Location: | Serbia | |
| Commodities: | Copper-Gold | |
| Date: | 10/1/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-10-2019: Raiden Resources Ltd. announces an Exploration/Drilling Update report for its Leskovo South deposit at the Majdanpek West project. JV with Rio Tinto - drilling results incl. 2.6m @ 0.32g/t Au from 489m. Raiden Resources Limited (ASX: RDN) (“Rai | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Martin Pawlitschek (Internal) | |
| ABSTRACT: | Raiden Resources Limited (ASX: RDN) (“Raiden” or “the Company”) is pleased to report on the results from a scout drilling program on its Majdanpek West project (in joint venture with Rio Tinto). Dusko Ljubojevic, Managing Director of Raiden commented: “These initial results are encouraging and indicate that the Leskovo prospect may be associated with a blind porphyry or epithermal system. To date only a single drill hole tested the drill target, which intercepted encouraging alteration zones. Further geophysical targeting work will be undertaken on the prospect to guide a possible second phase of drilling on this exciting target, which is located only a few kilometres away from a number of significant deposits within the Timok Magmatic Complex.” | |
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