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Aldoro Resources (ASX: $ARN) provides update on Kameelburg Carbonatite Project

Aldoro Resources provides update on Kameelburg Carbonatite Project


Aldoro Resources Ltd (ASX: $ARN) has announced the latest developments at the Kameelburg Carbonatite Project. The company reported the collection of 74 highly prospective rock samples from beforsite and mafic dykes, with notable assays showing up to 10.38% Nb2O5 and 9.89% total rare earth oxide (TREO). Large-scale geological mapping of the Kameelburg carbonatite is nearing completion, and preparations for the upcoming maiden diamond drilling program, including track access clearance and underground water supplies, are underway.

Executive Commentary on Kameelburg Carbonatite Project


The recent rock sample results from the Kameelburg Carbonatite Project are highly encouraging, demonstrating the significant niobium and rare earth element content in the area. These findings further validate our exploration efforts and provide a strong foundation for the upcoming diamond drilling program. The progress in geological mapping and preparatory work signifies our commitment to advancing the project towards potential resource delineation. We are optimistic about the future prospects of the Kameelburg Carbonatite Project and remain focused on delivering value to our shareholders through systematic exploration and development.

Summary of Kameelburg Carbonatite Project Update


Aldoro Resources' update on the Kameelburg Carbonatite Project highlights the high-grade niobium and rare earth element content in the rock samples collected, with assays showing up to 10.38% Nb2O5 and 9.89% TREO. The company is making significant progress in the geological mapping of the carbonatite and preparing for the maiden diamond drilling program. The upcoming drilling program aims to target potential resource areas identified through the extensive sampling and mapping efforts. Aldoro Resources remains committed to advancing its critical minerals projects, including the Kameelburg REE Project, and is focused on delivering value through strategic exploration and development initiatives.

ALDORO RESOURCES LIMITED
ARN | ASX | Materials
0.0720(+0%)
At close 05/07 (AEDT)
Market cap
$9.7M
Volume
36,287
DY Yield
0
PE Ratio
0
52 Week Range
0.061 - 0.28
1YR Return
N / A

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