M&A

Raiden sees good gold potential with Bulgarian ground

MICRO-cap Raiden Resources is looking to get involved in a low sulphidation epithermal gold play in Bulgaria that it believes has similar to potential to new gold mine developed by Dundee Precious Metals called Kumovgrad.

Bulgarian vista near Dundee's Kumovgrad project

Bulgarian vista near Dundee's Kumovgrad project

Raiden can earn a 75% interest in the Vuzel licence (located in the same region as Kumovgrad), by spending A$1 million on exploration, and up to 90% by defining a resource. The vendor is Bulgarian geological...

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