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Raiden Resources Limited (ASX:RDN) is pleased to announce that the second batch of assay results, from the mapping and rock chip sampling program over its Andover South tenements, which have now been received.
Raiden Resources Limited (ASX:RDN) is pleased to announce that initial assay results from its recently completed mapping and rock chip sampling program over its Andover South tenements, indicate high potential for significant and mineralised pegmatites.
1.129 billion after-tax NPV with 8% discount rate and a 39.5% IRR at an average price $12,321 t LCE with a 50-year life of mine and payback of 2 years and 3 months from commencement of production Measured and indicated resources of 1. 747 Mt of LCE with an average 923 mgL Lithium with 800 mgl cut off and 5.369 Mt of LCE with 637 mgL Lithium with 400 mgl cut off Proven and probable reserves of 1,671,900t of LCE with ...