{"id":7123,"date":"2024-03-13T21:58:05","date_gmt":"2024-03-13T21:58:05","guid":{"rendered":"https:\/\/economicherald.net\/?p=7123"},"modified":"2024-03-13T21:58:05","modified_gmt":"2024-03-13T21:58:05","slug":"raiden-resources-secures-heritage-survey-over-what-looks-to-be-the-same-host-rocks-as-azures-tenure","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=7123","title":{"rendered":"Raiden Resources secures heritage survey over what looks to be the same host rocks as Azure\u2019s tenure"},"content":{"rendered":"<p>Raiden Resources has locked in a heritage survey over the Andover North project<br \/>\nThe survey will focus on areas interpreted to be underlain by the Andover complex ultramafic rocks<br \/>\nOnce completed, aircore drilling will begin<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report:<\/em> A heritage survey at Raiden\u2019s Andover North project will begin on April 2, focusing on areas interpreted to be underlaid by the Andover ultramafic complex, a host unit for pegmatite mineralisation. <\/strong><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/resources\/raiden-uncovers-30m-wide-outcropping-pegmatites-at-andover-south-right-next-door-to-azure-minerals\/\">Raiden Resources (ASX:RDN)<\/a> believes high prospectivity exists for pegmatites across its Andover North project in WA\u2019s Pilbara based on interpretation of historical and more recently available datasets.<\/p>\n<p>It is also based on the understanding that the rocks underlying Raiden\u2019s landholding exhibit a consistent magnetic signature that shows the Andover complex to be a much larger area than previously mapped.<\/p>\n<p>The Andover ultramafic complex is a highly prospective unit for pegmatite mineralisation and hosts <a href=\"https:\/\/stockhead.com.au\/company\/azure-minerals-azs\/\">Azure Minerals (ASX:AZS<\/a>) Andover discovery which now boasts an exploration target of 100-240Mt at 1-1.5% Li2O.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Broad project drilling to follow suit \u00a0<\/strong><\/h2>\n<p>Now that it has secured an archaeological and anthropological heritage survey with the Ngarluma Aboriginal Corporation (NAC), RDN is planning to drill test the defined, high grade pegmatites with RC or diamond drilling on Andover South Project once the Andover South survey has been completed.<\/p>\n<p>An aircore drilling campaign will be initiated on Andover North project as well in order to define potential pegmatite targets for further drill testing.<\/p>\n<p>\u201cWe are very pleased to have now secured heritage surveys over both the Andover North and Andover South projects,\u201d RDN managing director Dusko Ljubojevic says.<\/p>\n<p>\u201cThe Andover North project survey will be conducted immediately after the Andover South survey, allowing the company to begin with targeting work on Andover North, which may hopefully lead into a broader drilling campaign across all the Andover projects.\u201d<\/p>\n<p>\u00a0<\/p>\n<h2><strong>What\u2019s next? <\/strong><\/h2>\n<p>RDN hopes its targeted aircore drilling campaign will help define potential pegmatites for follow-up diamond or RC campaigns on Andover North project which will hopefully generate the same targets as defined on Andover South project.<\/p>\n<p>\u00a0<\/p>\n\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><em>This article was developed in collaboration with Raiden Resources, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/raiden-resources-secures-heritage-survey-over-what-looks-to-be-the-same-host-rocks-as-azures-tenure\/\">Raiden Resources secures heritage survey over what looks to be the same host rocks as Azure\u2019s tenure<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Raiden Resources has locked in a heritage survey over the Andover North project The survey will focus on areas interpreted to be underlain by the <a href=\"https:\/\/economicherald.net\/?p=7123\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":7124,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-7123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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