How Raiden Resources' mapping program revealed potential lithium at the Arrow Project?
Raiden Resources Limited has reported on the results of its mapping program at the Arrow North project, which is part of the Arrow Lithium Project. The program has confirmed the presence of visual spodumene mineralization in the pegmatites that are exposed on the project site. These pegmatites are located in a well-established lithium-pegmatite district that has a history of containing lithium-bearing pegmatites.
The mapping program has also highlighted the project's highly prospective geology and setting for Li-Cs-Ta mineralization. Previous results have already indicated the presence of lithium-bearing pegmatites on the Arrow project. The company has collected additional samples to be submitted for further XRD analysis, which will provide confirmation of the spodumene mineralization.
Furthermore, soil sampling analysis is still pending, and the full data results are expected to be available soon.
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These results will provide more information on the potential for lithium-caesium-tantalum (Li-Cs-Ta) mineralization.
Raiden Resources' involvement in the Arrow Project
Raiden Resources entered into an agreement with Arrow Minerals Limited to earn-in to an 85% position of the Arrow Project's Li-Cs-Ta rights. In addition to that, Raiden has the option to purchase 100% of those rights. The company already holds 100% of all other mineral rights on the Arrow Project.
Positive outlook for Raiden Resources
Dusko Ljubojevic, the Managing Director of Raiden, expressed his satisfaction with the results of the mapping program. He emphasised the rewarding nature of their systematic exploration efforts, particularly in the emerging lithium-rich Pilbara region. While the visual determination of spodumene mineralization is encouraging, further analysis, such as XRD analysis, is needed to confirm the exact nature and grade of the mineralization. The company also has high hopes that the forthcoming soil analysis will reveal further trends and potential for mineralization, ensuring the project's full potential is realised.
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