Raiden Resources Limited
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Why Have High-Grade Lithium and Rubidium Samples Been Discovered at Andover South by Raiden Resources Ltd?
Raiden Resources Ltd (ASX: RDN) has released the initial assay results from its recent mapping and rock chip sampling program at its Andover South tenements, revealing the discovery of high-grade lithium and rubidium samples. These exciting findings indicate the presence of significant and mineralized pegmatites in the area.
High Potential for Mineralized Pegmatites Found
The mapping and sampling exercise conducted by Raiden Resources Ltd over the Andover South project has provided promising results, suggesting the potential for valuable pegmatites in the region. The detailed mapping has identified broad zones of mineralization hosted within pegmatites, demonstrating high grades that extend over noteworthy distances and widths.
Significant Lithium Grades Revealed
The initial assay results from the Andover South program have unveiled notable lithium grades in the discovered pegmatites. Among the lithium samples collected, one sample (R21896) returned a grade of 2. 42% Li2O, while other samples showed grades ranging from 1.
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81% to 2. 27% Li2O. These findings point towards the presence of high-grade lithium mineralization within the project area, suggesting its potential as a valuable investment.
Encouraging Rubidium Grades Discovered
In addition to the high lithium grades, the rock samples obtained during the mapping and sampling program have shown consistently anomalous rubidium grades. The samples collected exhibited rubidium grades up to 0. 36% Rb, indicating the presence of this valuable mineral in the pegmatites at Andover South.
Ongoing Work and Potential Drill Targets
Raiden Resources Ltd continues to conduct detailed mapping and sampling at the Andover South project, with the aim of defining further lithium target zones. As additional results from the program are received, the company anticipates the identification of new target areas that will support the progression of the project towards drilling activities.
Future Prospects and Projects
While significant progress has been made at Andover South, Raiden Resources Ltd is also actively working on the Mt Sholl, Pyramid, and Arrow projects to define the lithium potential across these areas. The company plans to report on significant results and interpretations as they are received and analyzed.
Raiden Resources Ltd's recent findings at Andover South indicate the presence of high-grade lithium and rubidium, offering great potential for this mining company. The ongoing exploration work and upcoming drill targets highlight the value of the Andover South project and the opportunities it presents in the lithium and minerals market.
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