Market Herald logo


Be the first with the news that moves the market
  • Aldoro Resources (ARN) confirms nickel-copper gossans at the Narndee Igneous Complex (NIC) in WA ahead of an upcoming drilling campaign
  • Two key gossans have been identified for follow-up work through field reconnaissance and mapping
  • The company has completed an all-access track and pad clearing in preparation for phase one drilling at VC1 and VC11, set to begin next month
  • A moving-loop electromagnetic survey of high priority targets in the NIC is almost complete with results still to come
  • Aldoro Resources shares have closed 23 per cent higher at 37.5 cents on July 1

Aldoro Resources (ARN) has confirmed nickel-copper gossans at the Narndee Igneous Complex (NIC) in Western Australia ahead of an upcoming drilling campaign.

The company is progressing several field activities, including completion of an all-access track and pad clearing, in preparation for phase one drilling at the VC1 and VC11 targets, scheduled to kick off this month.

As part of preparations, field reconnaissance and mapping have identified two key nickel-copper gossans for follow-up work.

The completed reconnaissance program aimed to validate geological mapping, confirm historical records of gossan outcrops and geochemical anomalies, and find evidence of historical exploration not yet captured by ARN’s digital assets.

One of the key gossans, referred to as “Gossan two”, is located roughly 1000 metres south by southwest of VC1. No drilling is present between the gossan and the target, nor has any drilling effectively tested VC1.

Interestingly, ALD said the company had saved money on mobilisation costs thanks to Narndee’s station owner allowing the use of their own front-end loader for the drill pad preparation and track clearing.

Additionally, Aldoro said the convenient nine-kilometre proximity of the homestead to VC1 meant further cost savings with the availability of accommodation, office space, catering and communications voiding the need to build an exploration camp in the area.

Moving-loop electromagnetic survey

Concurrently, a MLTEM survey, designed to refine modelling of the highest priority exploration targets within the NIC, is also nearing completion.

Results of the survey will be reported when final data sets have been processed and interpreted.

Next steps

Looking ahead, Aldoro will complete systematic rock chip sampling programs and detailed mapping over the project’s pegmatite swarm as soon as possible.

This work will aim to identify the most prospective zones for drill targeting and locate pegmatite strike extensions and occurrences under soil cover.

Aldoro Resources shares had gained 23 per cent to close at 37.5 cents on July 1.

ARN by the numbers
More From The Market Herald

" Piedmont Lithium (ASX:PLL) increases Carolina mineral resource

Piedmont Lithium (PLL) has updated the global mineral resource estimate (MRE) for the company’s flagship Carolina Lithium Project in the US state of

" Quantum Graphite (ASX:QGL) wraps up drilling at Eastern Conductor

Quantum Graphite (QGL) has wrapped up a drilling program and rehabilitated drill holes at the Eastern Conductor in South Australia.

" Piedmont (ASX:PLL) completes initial investment in IronRidge

Piedmont Lithium (PLL) has invested 9.9 per cent in IronRidge Resources (IRR).
PepinNini Minerals (ASX:PNN) - Managing Director, Rebecca Holland Kennedy

" PepinNini Minerals'(ASX:PNN) Managing Director resigns

PepinNini Minerals’ (PNN) Managing Director has resigned from the leadership role.