Berkshire is hoarding so. much. cash.
Andover South Lithium Project Gears Up for Groundbreaking Exploration
Raiden Resources Limited is set to embark on a pivotal phase in the exploration of the Andover South Lithium Project, with a heritage survey scheduled for March 25, 2024. This initiative marks a significant step forward in unlocking the potential of high-grade lithium-bearing pegmatites identified across a promising 4. 2-kilometre strike in the region.
In collaboration with the Ngarluma Aboriginal Corporation, the project emphasizes a respectful and informed approach to exploring areas of cultural significance. This detailed article delves into the survey's objectives, anticipated drilling program, and the strategic collaboration aimed at advancing Raiden's lithium exploration endeavors.
Heritage Survey: A Path to Exploration
Raiden Resources has announced a comprehensive archaeological/anthropological heritage survey in partnership with the Ngarluma Aboriginal Corporation, targeting its priority lithium-bearing pegmatite sites at the Andover South Project area. This proactive engagement aims to incorporate traditional knowledge in guiding exploration activities, ensuring cultural sites are preserved while advancing the project's development.
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High-Grade Lithium Targets in Focus
The maiden drilling program is eagerly anticipated to commence following the heritage survey, targeting outcropping pegmatites that have shown significant lithium concentrations. Notable sampling results have yielded lithium oxide (Li2O) grades exceeding 2%, with the highest sample at 3. 80% Li2O. These findings underscore the project's potential to host substantial lithium resources.
Strategic Engagement and Management Outlook
Under the guidance of Managing Director Dusko Ljubojevic and a dedicated management team, Raiden Resources is working closely with the Ngarluma Aboriginal Corporation. This collaboration underscores the company's commitment to respecting and integrating local indigenous knowledge into its exploration strategy. The management's goal to extend surveys to the Andover North project area indicates a broader vision for lithium exploration within the region.
Future Prospects and Exploration Synergy
Adjacent to the promising Azure Minerals Ltd. ’s Andover Lithium project, Raiden's Andover South venture is poised to contribute significantly to the lithium supply chain, crucial for the burgeoning electric vehicle and renewable energy sectors. With strategic planning and respectful engagement with indigenous stakeholders, Raiden Resources is on the cusp of exploring one of the most promising lithium jurisdictions globally.
The initiation of the heritage survey at the Andover South Lithium Project represents a crucial step towards realizing the full potential of this high-grade lithium target. Raiden Resources' collaborative approach with the Ngarluma Aboriginal Corporation sets a precedent for responsible and informed exploration practices. As the company gears up for its maiden drilling program, the lithium sector and stakeholders eagerly await the outcomes of this groundbreaking exploration effort.
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Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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