Raiden Resources Limited provided an update on the permitting progress and commencement of activities on the Vuzel gold project in Bulgaria. All the statutory permits and approvals for the Vuzel license have now been received. The Vuzel exploration license and the work program has now been approved for the following three year period. The approvals from the Ministry of Environment and Water, as well as, the Ministry of Energy have been formalised for the Vuzel project. The Company has a 3 year exclusive right to explore the property and the ability to earn into a 100% position of the project under the earn-in and option to purchase agreement which was announced by the Company on 26th of April 2019. The Company plans to commence with preparation activities for the maiden drill campaign imminently and start drilling as soon as practical. Historical work consisted of geochemical soil sampling; geological and alteration mapping; and channel rock chip sampling over areas with outcropping mineralisation which defined a high grade gold target. Only a short drilling program by Gramex has been undertaken and the Company believes the program did not test the target area. The program included only four shallow drill holes over the target area, all of which reported encouraging gold values. Most of the work was focused in the vicinity of the historical mining sites located in the central part of a mapped 3km x 1km alteration zone. The zone of historical workings contains many adits, shafts, small pits and mining dumps, which are concentrated in the main target zone over an approximate one square kilometer area. Some of the best channel rock sampling results include: 45m @ 1.48 g/t Au AND 63m @ 2.55 g/t Au, which includes 33m @ 3.42 g/t Au and 3m @ 15.46 (Line 1), 24m @ 2.79 g/t Au, which includes 6m @ 9.31 g/t Au (Trench 5), 66m @ 1 g/t Au (Trench 13) o 99m @ 2.48 g/t Au, which includes 12m @ 11.78 g/t Au (Trench 51), 48m @ 4.96 g/t Au, which includes 24m @ 7.78 g/t Au and 6m @ 20.99 g/t Au (Trench 52).