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The latest update is out from Aldoro Resources Ltd. ( (AU:ARN) ).
Aldoro Resources Ltd has announced significant progress in its exploration efforts at the Kameelburg site, with high-grade niobium mineralization emerging from recent drilling results. The assays from diamond drill holes DD005B and DD008A confirm the extension of mineralization across 1,100 meters, enhancing the potential scale and grade of the deposit. This development is expected to impact the company’s operations positively, with an updated mineral resource estimate due later in August. The company is also preparing to explore the Omuronga Carbonatite, aiming to elevate the project’s global recognition.
More about Aldoro Resources Ltd.
Aldoro Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of polymetallic deposits. Their primary products include rare earth elements (REE), niobium, and molybdenum, with a strategic market focus on the Kameelburg Carbonatite in Namibia.
Average Trading Volume: 318,623
Technical Sentiment Signal: Buy
Current Market Cap: A$56.32M
For detailed information about ARN stock, go to TipRanks’ Stock Analysis page.