Raiden Resources Confirms Gold Anomalies in Western Australia Project, Shares Down 25%

MT Newswires Live

02/17

Raiden Resources (ASX:RDN) completed its air core drilling program at its Arrow gold project in Western Australia, according to a Monday filing with the Australian bourse.

The highest value recorded was 26.5 parts per billion gold and 196.7 parts per million arsenic.

Follow-up work on the project is being planned by the company's joint venture partner Mallina, the filing added.

Company shares were down 25% in recent trade.

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