Aldoro Resources (ASX:ARN) - Non Executive Chairman, Joshua Letcher
Non Executive Chairman, Joshua Letcher
Source: Joshua Letcher/LinkedIn
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  • Aldoro Resources (ARN) received wet chemistry results for the first 88 rock chip samples collected from the Fairway Corridor target in Western Australia
  • The results have exceeded Aldoro’s expectations, showing very high grade rubidium grades and anomalous lithium grades
  • Lithium grades averaged 1187 parts per million (ppm) and peaked at 6600ppm, while rubidium grades averaged 0.38 per cent and peaked at 1.82 per cent
  • Preparations are now underway for a reverse circulation drilling program to test the areas where the highest-grade lithium and rubidium samples were collected
  • Aldoro is flat on the market with shares trading at 43 cents

Aldoro Resources (ARN) has received wet chemistry results for the first 88 rock chip samples collected from the Fairway Corridor target.

The Fairway Corridor Target is part of the Wyemandoo Project which lies in Western Australia.

The results have exceeded Aldoro’s expectations, showing very high rubidium grades and anomalous lithium grades.

Lithium grades averaged 1187 parts per million (ppm) and peaked at 6600ppm while rubidium grades averaged 0.38 per cent and peaked at 1.82 per cent.

Aldoro’s rock chip sampling program is continuing with preparations underway for a reverse circulation (RC) drilling program.

The RC drilling will test the areas from where the highest-grade lithium and rubidium samples were collected.

Drilling will also target specific areas of interest where high concentrations of lepidolite and rubidian muscovite were observed.

The RC drill rig has been held up in servicing with work now set to begin following the Christmas and New Year period on January 5.

Aldoro was flat on the market with shares trading at 43 cents at 2:48 pm AEDT.

ARN by the numbers
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