Raiden Resources Limited (ASX: RDN) has interected massive and disseminated Ni-Cu sulphide mineralisation on the B2 deposit at the Mt Sholl Project in Western Australia.
The drilling at the B2 deposit has visually confirmed the nature and continuity of mineralisation in relation to historical drill results. All holes at B2 intersected visual Nickel- Copper sulphide mineralisation and the broad shallow intercepts are supportive of the geological/mineralisation model generated by Raiden, as part of its Exploration Target released in November 2021.
While assay results for these holes are still pending, Managing Director, Dusko Ljubojevic, said the company is highly encouraged by the mineralisation intersected in the current drilling.
“The intercepts provide significant encouragement, especially as we are seeing massive sulphide intervals over several drill holes to date on this deposit,” Mr Ljubojevic said.
“The broad and shallow intervals of sulphide mineralisation are all supporting the company’s model and indicate the presence of a near-surface, robust body of mineralisation, which remains open along strike and at depth.
“ We will be reporting on the results as soon as they become available. With drilling having now commenced on the A1 and B1 deposits, we are hopeful that we will replicate the success from the B2 campaign.”
Visual results from recent drill holes at B2
The company has completed a total of 1,841.02 m of diamond drill core over the B2 deposit. The company previously reported on the results of the first nine drill holes completed over the B2 deposit, all of which intercepted massive, semi-massive or disseminated Nickel- Copper sulphide mineralisation.
Subsequently, the company has completed a further eight drill holes on B2. All of these eight holes have intercepted visual Nickel-Copper sulphide mineralisation.
For further information please visit: https://raidenresources.com.au
