Aldoro Resources (ASX:ARN) - Non Executive Chairman, Joshua Letcher
Non Executive Chairman, Joshua Letcher
Source: Joshua Letcher / LinkedIn
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Aldoro Resources (ARN) is set to begin drilling on the Niobe East pegmatite system in Western Australia
  • A Heritage Site Avoidance Survey with the Traditional Wajarri Owners has cleared the planned drill sites, allowing work to begin on December 10
  • Drilling at Niobe East will aim to increase the exploration target which has been subject to limited historical drilling and rock chip sampling
  • Once drilling is completed at Niobe East, the rig will move to the Breakaway and Niobe Southeast pegmatites where drilling has not tested for lithium and rubidium
  • Aldoro is up 3.70 per cent on the market, with shares trading at 42 cents each

Aldoro Resources (ARN) is set to begin drilling on the Niobe East pegmatite system in Western Australia.

A Heritage Site Avoidance Survey with the Traditional Wajarri Owners has cleared the planned drill sites, allowing work to begin on December 10.

Drilling will begin on the Niobe East pegmatite system with aims to increase the exploration target which has been subject to limited historical drilling and rock chip sampling.

The rock chip sampling indicated that anomalous lithium and rubidium extend a strike of over 400 metres.

Once drilling is completed at Niobe East, the rig will move to the Breakaway and Niobe Southeast pegmatites where drilling has not tested for lithium and rubidium.

Rock chip sampling at Breakaway identified anomalous lithium and rubidium extends over a strike of 100 metres while anomalous rubidium has been identified at Niobe Southeast.

All up, 66 holes will be drilled across the Niobe East, Breakaway and Niobe Southeast pegmatites.

Aldoro was up 3.70 per cent on the market with shares trading at 42 cents at 12:59 pm AEDT.

ARN by the numbers
More From The Market Herald
Limeade (ASX:LME) - CEO, Henry Albrecht

" Limeade (ASX:LME) maintains FY21 financial guidance in quarterly report

Limeade (ASX:LME) has maintained its FY21 revenue guidance of $50 million to $53 million, but posted…
Sihayo Gold (ASX:SIH) - Executive Chairman, Colin Moorhead

" Sihayo Gold (ASX:SIH) secures further interim funding

Sihayo Gold (ASX:SIH) has secured interim funding from its shareholder, PT Saratoga Investama Sedaya Tbk.

" Alchemy Resources (ASX:ALY) commences aircore drilling at Karonie

Aircore drilling is underway at Alchemy Resources' (ASX:ALY) Karonie gold project 110 kilometres east of Kalgoorlie,…
Little Green Pharma (ASX:LGP) - Managing Director, Fleta Solomon

" Little Green Pharma (ASX:LGP) seeks to expand to Greece

Little Green Pharma (ASX:LGP) seeks to expand to Greece