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Aldoro Resources Ltd. ( (AU:ARN) ) has shared an update.
Aldoro Resources Ltd has announced a significant expansion of its Kameelburg rare earth-niobium discovery, with recent assays confirming a doubling of the discovery’s footprint. The extension includes a 650-meter southwest continuation, making the deposit 1.2km long and 650m wide, with mineralization remaining open at depth. The company plans to complete its Phase I drilling program and aims to publish a Mineral Resource Estimate by the end of the quarter. This development positions Aldoro as a key player in the global REE-Nb market, amid increasing interest and strategic importance of these resources.
More about Aldoro Resources Ltd.
Aldoro Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of strategic polymetallic resources. The company primarily deals with rare earth elements (REE), niobium, and molybdenum, with a significant market focus on critical mineral resources.
Average Trading Volume: 575,118
Technical Sentiment Signal: Buy
Current Market Cap: A$56.06M
For detailed information about ARN stock, go to TipRanks’ Stock Analysis page.