Investor Presentaiton
Mt Sholl - JORC Exploration Target
Joine
RAIDEN
RESOURCES
OPEN-15° dip
➤ JORC Exploration target*:
80-150Mt @ a grade range of 0.45 - 0.75% Ni Eq or 1.15 – 1.95% Cu Eq) ▼
-
Exploration target is based on geological extensions of target units to depth and along strike;
magnetic, VTEM and EM anomalies defined over the project area
Mineralisation is hosted within a 40-50m wide contact zone between the underlying basalts
and overlying gabbro-dolerite & pyroxenites. The contacts are interpreted to dip at a shallow
(15-20 degree) angle
Majority of the prospective >11km strike has not been drill tested
-
Magnetic and VTEM surveys indicate "look-alike" anomalism along almost entire 10km strike
length strong potential for further near surface mineralisation
Mineralisation has been intercepted up to 600 metres down dip & remains open to depth -
potential for a very large target area (+1.5km dip extents) & potential for definition of
significant further mineralisation
Majority of current drilling is within upper 100 metres
Only ~6% of modelled potential contact zone drilled to date
*The potential quantity and grade of this exploration target is conceptual in
nature, there is currently insufficient exploration completed to support a
mineral resource of this size and it is uncertain whether continued exploration
will result in the estimation of a JORC resource. The Exploration Target has
been prepared in accordance with the JORC Code (2012).
RAIDEN RESOURCES INVESTOR PRESENTATION
Basalt basement
Ultramafic mineralised
contact/host
L
OPEN-8°
plunge
3.5km Prospective
Contact --
2.6km Drilled.strike
2023 Mineral
Resource
2.9km Prospective
-Contaet-
600m Drilled strike extent
OPEN
2023 Mineral
Resource
B2
Deposit
OPEN
A1
Deposit
OPEN
to depth
B1
Deposit
B2
Deposit
B1
Deposit
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