Company
ASX:ARN
Aldoro Resources Ltd has a portfolio of critical minerals including rare earth, lithium, rubidium and base metal projects, located in Western Australia and Namibia. The company’s flagship project is the Narndee Nickel Project in Western Australia, which is prospective for nickel-copper-PGE mineralisation. Aldoro's other projects include the Kameelburg REE Project (Namibia), the Wyemandoo lithium-rubidium-tungsten project and the Niobe lithium-rubidium-tantalum project.
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Results of the first phase of drilling at Niobe have been encouraging, with intersections of pegmatites confirming historical drilling, where rubidium assays were rarely collected.
Last year, the company identified a vast rubidium target of around 33,000 to 150,000 tonnes, and with the RC rig now on-site, it's all systems go for the 3,730-metre drill program.
A Priority 1 VTEM survey is on schedule for completion early this month with the survey to screen the Kiabye Greenstone Belt along the western margin of the NIC.
A VTEM max extension survey will commence earlier than anticipated, with deliverables expected early in the New Year.
The company has confirmed rare earth oxides are present at Fairway Corridor target in the Wyemandoo Project, containing notable levels of rubidium and anomalous lithium. Rubidium sampling results returned up to 1.82% rubidium while lithium
The company is cleared to move ahead with its 66 hole drilling program targeting pegmatites, with rock chip samples indicating rubidium and lithium mineralisation.
“The rock chip results show the potential for the area and give confidence for increasing the exploration target tonnage,” says chair.
The company is confident it will also strike lithium because previous analysis has shown that lithium presence, while not detectable with a hand-held device, usually correlates to the presence of rubidium.
Wyemandoo’s 'Loop Pegmatite' target zone is at the epicentre of a lucrative pegmatite fairway, which contains highly anomalous lithium and rubidium rock chip samples.
The company has intersected another large, massive sulphide zone at the VC1 target, intersecting 3.74 metres of mineralisation in a single interval. The exploration upside of VC1 continues to develop, offering multiple avenues of future inv
NDD0013 intersected 6.7 metres of strong magmatic sulphide mineralisation, including 3.75 metres of massive sulphides in five separate intervals.
The target zone is the epicentre of a lucrative pegmatite fairway, which contains highly anomalous lithium and rubidium rock chip samples.
The explorer returned as much as 17,123 parts per million rubidium and 2.59% lithium oxide during a rock chip sampling program.
The presence of nickel-copper magmatic sulphides confirms the VC11 area to be highly prospective, given its proximity to the VC1 target, it expands the prospective footprint for nickel-copper deposits in the NIC.
This acquisition marks the completion of Aldoro's efforts to buy up tenements hosting an interpreted pegmatite corridor in the Mt Magnet area. The company will likely seek to complete exploratory drilling campaigns at the site to further in
The company is identifying the most prospective zones for drill targeting across its range of multi-commodity projects in Western Australia.
The intersections confirm VC1 as a discovery and demonstrates the high prospectivity of the Narndee Igneous Complex.
The company collected rock chip samples, pegged and checked future drill hole sites and completed a preliminary X-ray as part of its site visit to the multi-element Niobe asset.
The company believes that the spin-out and IPO of Aurum will facilitate the fast-tracking of exploration and possible development of WA gold projects - Penny South, Ryans Find and Unaly Hill South.
The company believes Niobe’s rubidium resources could compare to the Tiantangshan rubidium deposit, the biggest rubidium deposit in the world.
