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Aldoro Resources Ltd. ( (AU:ARN) ) has issued an announcement.
Aldoro Resources Ltd has announced significant assay results from its Kameelburg Niobium and REE deposit, confirming substantial mineralized intercepts and indicating that the deposit remains open at depth. The results suggest an extension of mineralization by approximately 300 meters in the S-W direction, with an updated Maiden Resource Estimate expected to show increased resource size and grade. The completion of Phase I drilling sets the stage for Phase II, which aims to further explore the potential of the Kameelburg and Omuronga Carbonatites, focusing on high-grade niobium zones and extending mineralization beyond the current discovery horizon.
More about Aldoro Resources Ltd.
Aldoro Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include rare earth elements, niobium, and molybdenum, with a strategic focus on expanding its resource base at the Kameelburg Carbonatite deposit.
Average Trading Volume: 174,497
Technical Sentiment Signal: Buy
Current Market Cap: A$87.09M
Learn more about ARN stock on TipRanks’ Stock Analysis page.