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Raiden Secures Full Control of Mt Sholl Project After First Quantum Exit
8:42am on Thursday 3rd of July, 2025 AEST
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Mining
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Raiden Secures Full Control of Mt Sholl Project After First Quantum Exit
8:42am on Thursday 3rd of July, 2025 AEST
Key Points
First Quantum Minerals withdraws from Mt Sholl MOU, relinquishing all rights
Raiden receives A$385,000 cash including compensation for drilling shortfall
Raiden gains ownership of extensive exploration work including ~2,466m drilling
Mt Sholl hosts a significant JORC mineral resource with open-pit mining potential
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