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Gold & silver

Aldoro Resources' MLTEM survey at NIC reveals two additional drill-ready targets

East1 MLTEM conductor’s geological setting is similar to that at Quandonng Well Zone B, and it may represent a Volcanogenic Massive Sulphide (VMS) style target.

Aldoro Resources Ltd (ASX:ARN) has received positive results from a moving loop transient electromagnetic (MLTEM) survey at the Narndee Igneous Complex (NIC) in Western Australia.

After completing the MLEM survey, the company has concluded dataset modelling and interrogation.

Two new targets, VC3 and East1 have been modelled in 3D and confirmed for drill testing.

VC3 MLTEM conductor

VC3 is interpreted to have an aerial size of about 300 metres by 600 metres.

The body is interpreted to be striking in a north-west southeast direction, with a conductance of about 1000-1500S.

VC3 appears to be on a basal contact of an olivine bearing pyroxenite, with a footwall sequence of metamorphosed felsic volcanic and granitic rocks, interpreted to be a favourable location for the development of magmatic nickel-copper sulphides.

East1 MLTEM conductor

A discrete, relatively strong bedrock conductor is defined at this location.

Modelling has resolved a body of at least 500 metres x 200 metres in areal size with a depth to the top of 225-275 metres below the surface.

The geological setting is similar to that at Quandonng Well Zone B, and it may represent a Volcanogenic Massive Sulphide (VMS) style target.

VC3 and East1 will both be tested during the current drill program.

These targets now both rank higher than VC11 given their geological settings and will be prioritised accordingly.

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