Australia's Raiden Resources rises on drilling update at WA project
10/01/2022 04:06
** Shares of copper-gold explorer Raiden Resources RDN.AX
rise as much as 5% to A$0.021
** Raiden says https://www.asx.com.au/asxpdf/20220110/pdf/454vsx6wgwl5dy.pdf
drilling at its Arrow project in the Pilbara region of Western
Australia has intersected "intense" zones of silica-carbonate
alteration
** Adds drilling is targeting Hemi-style gold mineralisation
** More than 1.6 mln shares change hands, compared with the
30-day average of about 1.3 mln shares
** Raiden stock down ~33.3% in 2021
(Reporting by Upasana Singh in Bengaluru)
((Upasana.Singh@thomsonreuters.com))