Airborne Magnetic Survey Underway In Western Australia
Raiden Resources Limited (ASX: RDN) has commenced a high-resolution airborne magnetic survey over its flagship Arrow property in the Pilbara region of Western Australia.
MAGSPEC Airborne Surveys Pty Ltd has been contracted to fly a detailed survey over the key areas of the project area. The survey will involve north-south traverse lines, which will be spaced 25 meters apart and with a nominal flying height at 30 meters. Data acquisition is expected within a week, following which Raiden’s geophysical consultants Terra Resources will interpret the data.
Managing Director, Dusko Ljubojevic, said the objective of the survey will be to improve understanding of the geological framework at Arrow and apply the Hemi mineralisation model to assist in identifying drill targets. The programme will also assist in identifying the key structures believed to be associated with the geochemical trends defined in the last soil sampling campaign.
At the same time, the company is planning and will be executing a field mapping and rock sampling programme over the existing geochemical anomalies on the Arrow project.
Mr Ljubojevic said the multi-element anomalies defined over significant strike lengths at Arrow provide the company with exciting targets, which management believes will be elevated to drill target status in the near future.
“Over the last quarter, management has diligently advanced and negotiated access agreements with various stakeholders on the Arrow project and across the Pilbara portfolio,” Mr Ljubojevic said.
“We are now in a position to execute on our planned aggressive exploration strategy on the Arrow project.
“The commencement of the airborne magnetic survey and field program, will allow data sets from our fields programmes and surveys to be integrated and used to guide the maiden drill programme across the various prospects delineated at the Arrow property.”
