Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Mining

Aldoro Resources accelerates Niobe development thanks to positive environmental survey

The company has since kicked off a mining lease application process, advanced its Niobe scoping study and conducted a fauna and final heritage survey.

Aldoro Resources Ltd (ASX:ARN) is onto project feasibility and development work at its Niobe Rubidium-Lithium Project in WA thanks to a positive environmental study.

Last month’s flora and vegetation survey confirmed that no environmentally sensitive flora or vegetation is present across the Niobe tenement (technically known as P59/2137).

The report stated: “No vegetation types or landforms in the survey area were considered as being rare, unique or restricted, or representing the DBCA descriptions of Midwest Threatened Ecological Communities (TECs) or Priority Ecological Communities (PECs).”

This survey paves the way for further development activities at Niobe, including Native Title discussions with traditional owners from Wajarri Yamatji (Simpson Area).

Accelerating development

With the environmental survey under its belt, Aldoro has moved down the to-do list to other project development tasks.

First on the list was using the Niobe mineral resource to support its mineralisation submission to the Department of Mines this month — a move that kicks off the application process to convert the P59/2137 tenements into a mining lease.

Aldoro also plans to advance the Niobe scoping study and any complementary metallurgical test-work in the near future.

The environmental study has also launched other programs to advance the Niobe project, including a fauna and final heritage survey.

The latter took place in late October alongside representatives from Wajarri Yamatji and Horizon Heritage, and early results have indicated two sites of cultural significance, although these do not fall into areas of known mineralisation.

Moving ahead, Horizon will prepare a heritage survey report for Aldoro, paving the way for native title discussions with the Wajarri Yamatji into 2023.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK