RAIDEN RESOURCES LIMITED — Investor Presentation 2023

Mar 19, 2023

HISTORICAL DRILLING DEFINES GOLD POTENTIAL AT MT SHOLL PROJECT

HIGHLIGHTS

• Recent review of historical geological and geophysical data has further highlighted the gold potential within the Mt Sholl project
• Mineralisation is defined by high-grade, near surface historical drill intercepts and outcrop sampling
• Mineralisation is associated with multiple structural trends which individually have a strike extent of over 3.5km
• Significant Intercepts include:
  • o Radley's Find Prospect
    • 87RP21 1m @ 6.94 g/t Au from 14m
    • 87RP26 4m @ 6.40 g/t Au from 15m
    • 87RP30 1m @ 10.60 g/t Au from 61m
    • 89RP54 1m @ 13.00 g/t Au from 48m
  • o Four Ounce Show Prospect
    • 87FOSP34 2m @ 10.29 g/t Au from 28m
    • 89FOSP60 1m @ 31.00 g/t Au from 15m
    • 89FOSP70 1m @ 19.00 g/t Au from 36m
    • 89FOSP71 1m @ 17.00 g/t Au from 6m
    • 90FOSP82 2m @ 15.30 g/t Au from 28m
• Management will evaluate the potential of whether the gold mineralisation may add value to the Ni-Cu-PGE deposits in the longer term
• Maiden Resource Statement for Mt Sholl Ni-Cu-PGE is nearing completion and will be released in Q1'23
• Planning is underway for the '23 campaign over Mt Sholl Management continue to advance negotiations to divest noncore assets in Australia and Europe, with the objective to generate further value and discovery upside potential in the short to medium term

QUICK STATS

ASX Code: RDN DAX Code: YM4

BOARD & MANAGEMENT

Non-Executive Chairman Mr Michael Davy

Managing Director Mr Dusko Ljubojevic

Non-Executive Director Mr Martin Pawlitschek

Non-Executive Director Mr Dale Ginn

Chief Operating Officer Mr Warrick Clent

Company Secretary Ms Kyla Garic

ASSET PORTFOLIO

SERBIA

Cu, Co & Au (~269km2 )

BULGARIA

Cu, Au & Ag (~409km2 )

AUSTRALIA

Au, Cu, Ni & PGE (~840km2 )

Mr Dusko Ljubojevic, Managing Director of Raiden commented: "These historical gold results add further upside to the Mt Sholl district potential. While the Company will focus on advancing the Ni-Cu-PGE deposit as its primary focus, we are excited by the fact that that we can observe a separate mineralisation event and style within the project area. The historical gold results are high grade in nature and outcrop. The structures, of which there are several defined to date, appear to be associated with mineralisation extending over multiple kilometres through the project area. In parallel with our Ni-Cu-PGE deposit evaluations, we will continue to consider the upside of the gold mineralisation, which may add further value to the overall project in the longer term."

Raiden Resources Limited (ASX:RDN / DAX: YM4) ("Raiden" or "the Company") is pleased to announce the results of a recent review of historical gold exploration results from the Mt Sholl project in Western Australia.

The objective of the exercise was to advance the understanding of the processes driving all the multiple mineralisation styles observed within the Mt Sholl ultramafic intrusion and the surrounding host rocks to determine the factors which may lead to further discoveries.

Management was aware of the potential for gold mineralisation within the Mt Sholl district area, but this detailed evaluation has further highlighted the high-grade nature of the mineralisation and the reasonable amount of historical exploration work undertaken. Subsequent ground consolidation of the district by the Company, (Welcome Exploration Pty Ltd acquisition in 2021), included not only the Ni/Cu/Co mineralisation contained within the B2 deposit, but also the Four Ounce Show (FOS) Au prospect which is located west of the B2 deposit.

ASX RELEASE | 20th March 2023

Figure 1: Mt Sholl project area, with gold prospects and historical results, including the Ni/Cu/Co Exploration Targets1 . Geological interpretation based on available geophysical and geological data.

Gold mineralisation at the Radley's Find (Radley's) Prospect is associated with the Domainbounding Sholl Shear Zone and subsidiary structures, where a series of shallow historic workings were drill tested over a 700-metre strike length by Agip Australia in the 1980s with a total of 45 RC holes drilled for 2,226.5 metres, with a best intercept of 1m @13 g/t Au from 48 metres.

Further historic workings are located 1.3 kilometres along strike east-southeast of Agip's drillholes, where historic grab samples collected from mine dumps returned up to 48 g/t Au. A further 1.5 kilometres along strike to the east-southeast, a historic soil sample returned a gold value of 0.24 g/t. This gold trend (Radleys gold trend on Figure 1 & 2) has a strike length in excess of 3.5 kilometres.

Figure 2: Radley's Find Gold prospect with historical results, including Ni/Cu/Co Exploration Targets1 . Geological interpretation based on available geophysical and geological data.

The "Four Ounce Show" Au prospect ("FOS") is located immediately to the west of the B2 Ni-Cu-Co deposit, in an area where existence of colluvial/alluvial gold has been known over many years.

The volcanic sequence outcropping at FOS mainly comprises of competent and fresh metabasalts. The area has undergone extensive tectonisation where faults and zones of faulting, with a predominantly NNW-SSE trend, caused extensive brecciation and shearing withing the host rock.

Cross-faulting in a more W-E direction is less pronounced, but the combination of both sets of faulting resulted in extensive block faulting along which mainly vertical displacements have taken place. Numerous pods and veins of quartz appear to be associated with these faults. The gold mineralisation is almost entirely confined to felsic or intermediate intrusive rocks within the metabasalts. These intrusives are often characterised by oval-shaped blue quartz eyes with traces of fresh pyrite/chalcopyrite sulphides. The intrusive rocks are believed

to be derivates from deeper-seated granitoid bodies. At FOS, gold-bearing felsic intrusives are outcropping as fault—bounded blocks between barren metabasalt blocks. The goldbearing intrusive system appears to extend over a significant area.

Planning of the Company's exploration program for the Mt Sholl Project for 2023 is now underway, with the primary focus remaining on the Ni-Cu-Co deposits and mineralisation potential, but with this review highlighting the gold potential of the district, in parallel, the Company will also evaluate the potential of the gold mineralisation to determine if it may add value to the overall project.

Mt Sholl Ni-Cu-PGE Project Overview

The consolidated tenements are located 22 kilometres southeast of Karratha and 10 kilometres northeast of the mothballed Radio Hill mine in the Pilbara region of Western Australia and cover a land area of 42km2 .

The tenements are underlain by Paleoarchean greenstone rocks, primarily basalt, and part of the Mesoarchean Mount Sholl layered mafic-ultramafic intrusive complex. The consolidated tenements host several Ni-Cu-Co-PGE deposits, with mineralisation occurring as disseminated, matrix, stringer and rare massive pyrrhotite-pentlandite-chalcopyrite. High pyrrhotite content in ore means that Ni-Cu mineralisation in the intrusion across the consolidated tenements could be associated with discrete magnetic highs.

Extensive work on the properties targeting Ni-Cu-Co-PGE mineralisation was conducted by a number of companies from the early 1970's through to 2016. Exploration programs included the collection of surface samples (soil, auger and rock), airborne geophysics (magnetics, EM) and drilling (RAB, RC and diamond).

Gold potential exists at the currently defined Radley's Find and Four Ounce Show (FOS) prospects.

ASX RELEASE | 20th March 2023

Figure 3: Mt Sholl Project in relation to key infrastructure and nearby JORC (2012) Resources2,3,4

This ASX announcement has been authorised for release by the Board of Raiden Resources Limited.

FOR FURTHER INFORMATION PLEASE CONTACT

DUSKO LJUBOJEVIC

Managing Director

RAIDEN RESOURCES LIMITED

Page 6 of 15

dusko@raidenresources.com.au

www.raidenresources.com.au

ASX Announcements referenced in this release

1ASX:RDN 17 November 2021 Large Ni-Cu-Co-PGE Sulphide 'Exploration Target' Defined at Mt Sholl

2ASX:ARV 7 May 2019 Nickel and Copper Resources at Ruth Well

3ASX:ARV 21 December 2018 Shallow Nickel-Copper Resource Defined at Radio Hill

4ASX:AZS 8 February 2023 28% Uplift in Mineral Resources at Andover Nickel Project

The information in the referenced in announcement 1 footnoted above that relates to exploration results has previously been released on the ASX. The Company confirms that it is not aware of any information or data that materially affects the information included in the market announcements, and that all material assumptions and technical parameters continue to apply. The Company confirm that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcements.

Competent Person's Statement

The information in this announcement that relates to exploration results is based on and fairly represents information and supporting documentation, as previously announced by the Company, and has been reviewed and approved by Mr Warrick Clent, a competent person who is a member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr Warrick Clent is employed by Raiden Resources Limited. Mr Warrick Clent has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 edition of the JORC Code. Mr Warrick Clent has provided his prior written consent as to the form and context in which the exploration results and the supporting information are presented in this announcement.

The information in this announcement that relates to Exploration Targets is based on and fairly represents information and supporting documentation prepared by Mr Bruce H van Brunt, a Competent Person who is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM and a full-time employee of BvB Consulting. Mr Bruce H van Brunt has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 edition of the JORC Code. Mr Bruce H van Brunt has provided his prior written consent as to the form and context in which the exploration results and the supporting information are presented in this announcement.

Disclaimer:

Forward-looking statements are statements that are not historical facts. Words such as "expect(s)", "feel(s)", "believe(s)", "will", "may", "anticipate(s)", "potential(s)"and similar expressions are intended to identify forwardlooking statements. These statements include, but are not limited to statements regarding future production, resources or reserves and exploration results. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forwardlooking information and statements. These risks and uncertainties include, but are not limited to: (i) those relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations, (ii) risks relating to possible variations in reserves, grade, planned mining

dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be refined, (iii) the potential for delays in exploration or development activities or the completion of feasibility studies, (iv) risks related to commodity price and foreign exchange rate fluctuations, (v) risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals or in the completion of development or construction activities, and (vi) other risks and uncertainties related to the Company's prospects, properties and business strategy. Investors are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and the Company does not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.

About Raiden Resources

Raiden Resources Limited.

(ASX:RDN / DAX:YM4) is a dual listed base metal—gold exploration Company focused on the Mt Sholl nickelcopper-cobalt- PGE project in the Pilbara region of Western Australia project. In addition, the company holds other highly prospective gold projects within the Pilbara region, as well as the emerging and prolific Western Tethyan metallogenic belt in Eastern Europe, where it has established a significant exploration footprint in Serbia and Bulgaria.

The Directors believe that the Company is well positioned to unlock value from this exploration portfolio and deliver a significant mineral discovery.

Tenement	Holder	Grant Date	Expiry	Area	RDN	Comment
					Equity %
E47/3468		12/09/2017	11/09/2022	1Bl	100%
E47/4309		24/07/2020	23/07/2025	2Bl	100%
E47/3339		14/09/2016	13/09/2026	1Bl	80%
P47/1762		01/09/2016	31/08/2024	139 Ha.	80%
P47/1787		24/01/2017	23/01/2025	188 Ha.	80%
P47/1788		24/01/2017	23/01/2025	200 Ha.	80%
P47/1789	Pilbara Gold	24/01/2017	23/01/2025	148 Ha.	80%	Covered by the
P47/1790	Corporation	30/11/2018	29/11/2022	197 Ha.	80%	NAC HeritageAgreement
P47/1791	Pty Ltd	02/08/2018	01/08/2022	177 Ha.	80%
P47/1792	(Raiden	02/08/2018	01/08/2022	193 Ha.	80%
P47/1793	Resources	30/11/2018	29/11/2022	197 Ha.	80%
P47/1794	Ltd.'s 100%	30/11/2018	29/11/2022	157 Ha.	80%
P47/1795	owned	30/11/2018	29/11/2022	146 Ha.	80%
E47/3181	subsidiary)	13/08/2015	12/08/2025	5Bl	80%
P47/2024			Application	5 Ha.	100%	Not currently
						part of the
						NAC Heritage
						Agreement,
						inclusion
						pending

Appendix 1: Tenement Schedule

JORC Code 2012 Edition – Section 1 Sampling Techniques and Data (Criteria listed in this section apply to all succeeding sections.)

Criteria	JORC Code explanation	Commentary
Sampling techniques	•Nature and quality of sampling (egcut channels,random chips, or specific specialised industrystandard measurement tools appropriate to theminerals under investigation, such as down holegamma sondes, or handheld XRF instruments, etc).These examples should not be taken as limiting thebroad meaning of sampling.Include reference to measures taken to ensure sample•representivity and the appropriate calibration of anymeasurement tools or systems used.•Aspects of the determination of mineralisation thatare Material to the Public Report.•In cases where 'industry standard' work has beendone this would be relatively simple (eg 'reversecirculation drilling was used to obtain 1 m samplesfrom which 3 kg was pulverised to produce a 30 gcharge for fire assay'). In other cases moreexplanationmay be required, such as where there iscoarse gold that has inherent sampling problems.Unusual commodities or mineralisation types (egsubmarine nodules) may warrant disclosure ofdetailed information.	•The deposits and prospects have been drilled using Rotary AirBlast (RAB), Air Core (AC), Reverse Circulation (RC) and Diamonddrilling over numerous campaigns by several companies andcurrently by Raiden Resources Ltd. Hole spacing from previousdrilling has varied according to company and purpose of drilling.Likewise, the dip and azimuth has varied.•Sample procedures followed by historic operators are assumed tobe in line with industry standards at the time, but CP cannot verifythem.
Drilling techniques	•Drill type (egcore, reverse circulation, open-holehammer, rotary air blast, auger, Bangka, sonic, etc)and details (eg core diameter, triple or standard tube,depth of diamond tails, face-sampling bit or othertype, whether core is oriented and if so, by whatmethod, etc).	Reverse circulation, open-hole percussion and diamond -both•HQ and NQ sized core.•It is not known if a facesampling hammer was used by previouscompanies.

Criteria	JORC Code explanation	Commentary
Drill sample recovery	•Method of recording and assessing core and chipsample recoveries andresults assessed.Measures taken to maximise sample recovery and•ensure representative nature of the samples.•Whether a relationship exists between samplerecovery and grade and whether sample bias mayhave occurred due to preferential loss/gain offine/coarse material.	•It is not known how or whether sample recovery was monitoredby previous companies.It is unknown whether any relationship between sample recovery•and grade exists although due to the open hole nature of the RABand open-hole percussion drill methods being used there is thepotential for sample contamination within those holes, howeverthis was not noted in the open source annual reports used for thebasis of this announcement.
Logging	•Whether core and chip samples have beengeologically and geotechnically logged to a level ofdetail to support appropriate Mineral Resourceestimation, mining studies and metallurgical studies.•Whether logging is qualitative or quantitative innature. Core (or costean, channel, etc) photography.•The total length and percentage of the relevantintersections logged.	•Core and chip samples were geologically logged by previouscompanies and the logs for these holes have been sighted andare assumed to be in line with industry standards at the time, butit cannot be verified by the CP
Sub-sampling techniquesand sample preparation	If core, whethercut or sawn and whether quarter, half•or all core taken.•If non-core, whether riffled, tube sampled, rotary split,etc and whether sampled wet or dry.For all sample types, the nature, quality and•appropriateness of the sample preparation technique.•Quality control procedures adopted for all subsampling stages to maximise representivity ofsamples.•Measures taken to ensure that the sampling is	•For previous companies the methods for splitting the drillsamples and relevant quality control procedures are unknown. Itis not known if duplicate splits were collected or analysed.Commercial laboratories followed standard procedures forsample preparation to produce sub-samples for analysis.

Criteria	JORC Code explanation	Commentary
	representative of the in situ material collected,including for instance results for fieldduplicate/second-half sampling.
	•Whether sample sizes are appropriate to the grainsize of the material being sampled.
Quality of assay data andlaboratory tests	The nature, quality and appropriateness of the•assaying and laboratory procedures used andwhether the technique is considered partial or total.For geophysical tools, spectrometers, handheld XRF•instruments, etc, the parameters used in determining	•Laboratory procedures and assaying by previous companies areconsidered appropriate for the type ofsample, but laboratoryquality control procedures are not available for the samples.
	the analysis including instrument make and model,reading times, calibrations factors applied and theirderivation, etc.
	•Nature of quality control procedures adopted (egstandards, blanks, duplicates, external laboratorychecks) and whether acceptable levels of accuracy (ielack of bias) and precision have been established.
Verification of samplingand assaying	The verification of significant intersections by either•independent or alternative company personnel.•The use of twinned holes.	Significant historical intercepts have not been verified by Raiden•or independent personnel, as the drill chips are not available.Because the data is historical, the methods of datadocumentation, verification and storage are not known.
	•Documentation of primary data, data entryprocedures, data verification, data storage (physicaland electronic) protocols.	•As far as the CP is aware, no adjustments have been made toassay data.
	•Discuss any adjustment to assay data.
Location of data points	Accuracy and quality of surveys used to locate drill•holes (collar and down-hole surveys), trenches, mineworkings and other locations used in MineralResource estimation.	Field verification of previous drill collars at Radley's Find have•been conducted and are considered to be accurate, but no fieldverification has been undertaken at the FOS prospect by theCompany to date.

Criteria	JORC Code explanation	Commentary
	•Specification of the grid system used.•Quality and adequacy of topographic control.	•Co-ordinates for the Radley's Find prospect are provided in theGeocentric Datum of Australia (GDA94) Zone 50, but the collarsfor the FOS prospect holes remain in local grid until a fieldverification can be undertaken.
Data spacing anddistribution	Data spacing for reporting of Exploration Results.•Whether the data spacing and distribution is•sufficient to establish the degree of geological andgrade continuity appropriate for the Mineral Resourceand Ore Reserve estimation procedure(s) andclassifications applied.•Whether sample compositing has beenapplied.	•Drillhole spacing is variable, near surface drill holes generallyspaced 15 m to 20 m along strike and down dip.•Drill samples were collected at 1m intervals as best can beascertained from the historic reports by previous explorers.
Orientation of data inrelation to geologicalstructure	Whether the orientation of sampling achieves•unbiased sampling of possible structures and theextent to which this is known, considering the deposittype.•If the relationship between the drilling orientationand the orientation of key mineralised structures isconsidered to have introduced a sampling bias, thisshould be assessed and reported if material.	Drillholes were oriented to result in approximately perpendicular•penetration of the projected lodes.•No known sampling bias was introduced because of the drillorientation.
Sample security	The measures taken to ensure sample security.•	Sample security measures by previous operators are not known.•
Audits or reviews	•The results of any audits or reviews of samplingtechniques and data.	•No reviews or audits have been undertaken.

JORC Code 2012 Edition –					Section 2 Reporting of Exploration Results.(Criteria listed in the preceding section also apply to this section.)
--------------------------	--	--	--	--	-------------------------------------------------------------------------------------------------------------------

Criteria	JORC Code explanation	Commentary
Mineral tenementand land tenure	Type, reference name/number, location and ownership including•agreements or material issues with third parties such as jointstatusventures, partnerships, overriding royalties, native title interests,historical sites, wilderness or national park and environmentalsettings.	Raiden Resources Ltd tenements are located in the City of•Karratha, within the Pilbara region of Western Australia.
		•The tenements are held by either by Raiden Resources Ltd100%, or Raiden Resources Ltd 80%/Welcome ExplorationPty Ltd 20%. (see Appendix 1: Tenement Schedule for
	•The security of the tenure held at the time of reporting along withany known impediments to obtaining a licence to operate in thearea.	further detail).•Tenements are located on the Mt Welcome pastoral lease.
		The CP is not aware of any existing impediments nor of any•potential impediments which may impact ongoingexploration and development activities at the project site.
Exploration doneby other parties	Acknowledgment and appraisal of exploration by other parties.•	A full search and compilation of historic exploration has•been completed.
		•Work included stream sediment, soil and rock sampling,geological mapping, geophysical surveys, drilling, resourceestimation and mining studies.
Geology	Deposit type, geological setting and style of mineralisation.•	Magmatic Ni-Cu-PGE and orogenic gold mineralisation.•
		Paleoarchean greenstone rocks intruded by Mesoarchean•mafic-ultramafic intrusive complex associated withwidespread disseminated to matrix and stringer pyrrhotitepentlandite-chalcopyrite mineralisation. Mesoarcheanmylonite in the Sholl Shear Zone north of the property, withlode gold mineralisation in related subsidiary structures.
Drill holeInformation	•A summary of all information material to the understanding of theexploration results including a tabulation of the following	•Field verification of previous drill collars at Radley's Findhave been conducted and are considered to be accurate,
	information for all Material drill holes:	but no field verification has been undertaken at the FOS
	easting and northing of the drill hole collaro	prospect by the Company to date. Co-ordinates for theRadley's Find prospect are provided in the Geocentric
	oelevation or RL (Reduced Level –elevation above sea level in	Datum of Australia (GDA94) Zone 50, but the collars for the

ASX RELEASE | 20th March 2023

Criteria	JORC Code explanation	Commentary
	metres) of the drill hole collarodip and azimuth of the holeodown hole length and interception depthhole length.oIf the exclusion of this information is justified on the basis that the•information is not Material and this exclusion does not detractfrom the understanding of the report, the Competent Personshould clearly explain why this is the case.	FOS prospect holes remain in local grid until a fieldverification can be undertaken.•As this current announcement only relates to historicinformation, which has been reported as required to theDepartment of Mines, Industry Regulation and Safety, it isnot considered that a table of previous drillholes isrequired. A full table of historic holes will be providedfollowing the field verification of the FOS prospect holesbut the CP is satisfied from personal experience of thesitethat the drilling does fall within the zone outlined in Figure2 above.
Data aggregationmethods	In reporting Exploration Results, weighting averaging techniques,•maximum and/or minimum grade truncations (egcutting of highgrades) and cut-off grades are usually Material and should bestated.•Where aggregate intercepts incorporate short lengths of highgrade results and longer lengths of low grade results, theprocedure used for such aggregation should be stated and sometypical examples of such aggregations should be shown in detail.•The assumptions used for any reporting of metal equivalent valuesshould be clearly stated.	No maximum and/or minimum grade truncations (eg•cutting of high grades) or cut-off grades were applied.
Relationshipbetweenmineralisationwidths andintercept lengths	•These relationships are particularly important in the reporting ofExploration Results.If the geometry of the mineralisation with respect to the drill hole•angle is known, its nature should be reported.•If it is not known and only the down hole lengths are reported,there should be a clear statement to this effect (eg 'down holelength, true width not known').	•Intercepts are quoted as downhole lengths; holes wereoriented roughly perpendicular to mineralisation but thetrue width is not known.

Criteria	JORC Code explanation	Commentary
Diagrams	•Appropriate maps and sections (with scales) and tabulations ofintercepts should be included for any significant discovery beingreported These should include, but not be limited to a plan view ofdrill hole collar locations and appropriate sectional views.	•Maps, plans and sections are included in the body of theannouncement.
Balancedreporting	•Where comprehensive reporting of all Exploration Results is notpracticable, representative reporting of both low and high gradesand/or widths should be practiced to avoid misleading reporting ofExploration Results.	•All historic results are reported as they have been releasedto the ASX by the previous companies and by RaidenResources Ltd since acquisition of the project.
Other substantiveexploration data	•Other exploration data, if meaningful and material, should bereported including (but not limited to): geological observations;geophysical survey results; geochemical survey results; bulksamples –size and method of treatment; metallurgical test results;bulk density, groundwater, geotechnical and rock characteristics;potential deleterious or contaminating substances.	•All relevant data is reported in this release.
Further work	•The nature and scale of planned further work (egtests for lateralextensions or depth extensions or large-scale step-out drilling).•Diagrams clearly highlighting the areas of possible extensions,including the main geological interpretations and future drillingareas, provided this information is not commercially sensitive.	•Raiden are currently planning a field verification program toassess the location of the FOS prospect drill holes beforeundertaking confirmatory drilling of its own in the future.