Aldoro Resources awaits assays from priority VC1 target at Narndee Igneous Complex

Aldoro Resources ASX ARN VC11 target assay results nickel copper
Aldoro anticipates assays from the highly prospective VC1 target within the next two weeks.

As the company awaits assays from its priority VC1 target, Aldoro Resources (ASX: ARN) has received initial results from the VC11 prospect within its Narndee Igneous Complex (NIC) nickel-copper-platinum group element project in Western Australia.

These results are from two holes drilled into VC11. The best interval from hole 10 was 0.8m at 0.21% nickel and 0.07% copper from 149m.

Meanwhile, hole 11 intercepted 1m at 0.21% nickel and 0.02% copper from 215m.

Aldoro noted the mineralisation within these holes was lower than desired and as a result, has downgraded the target and will focus on VC1 and the area between that and VC11.

Ongoing exploration

The company is currently awaiting assays from drilling at VC1 and expects these will be at hand over the next two weeks.

While these results are pending, a high-powered fixed loop electromagnetic survey is continuing over NIC.

The combined data from VC11 and observations from drilling at VC3 and the EM survey indicates the potential for deeper “highly conductive” bodies between VC1 and VC11.

According to Aldoro, these targets would have been difficult to detect using the versatile time domain EM system.

A VTEM extension survey will begin “earlier than anticipated” with results anticipated early in the new year.

This initial survey will screen the project’s remaining areas that are deemed priority one.

Lithium-rubidium potential

In parallel to exploring NIC, Aldoro is also on the ground looking for lithium and rubidium mineralisation at its Niobe project near Mount Magnet in Western Australia.

A reverse circulation rig is due on site at Niobe this week and will drill the Breakaway, Niobe East and Niobe Southeast pegmatites.

All-up 66 holes are planned.

Previous rock chip sampling returned anomalous rubidium and lithium with peak values of 0.93% rubidium and 0.86% lithium over 400m of strike at the project.

Aldoro has revealed an exploration target for Niobe of 33,000-150,000t at 696-1,457 parts per million rubidium oxide.

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