Perth-based Aldoro Resources (ASX: ARN) has expanded its footprint over the Narndee Windimurra Complex in Western Australia by adding the Windimurra tenement to its flagship Narndee nickel-copper-platinum group elements (PGE) project.
The tenement covers 192sq km of highly-prospective ground and contains multiple targets which Aldoro believes warrant immediate follow-up.
A key feature of the area is the number of strong magnetic anomalies interpreted to be possible ultramafic zones.
Of particular interest are targets Mag1 and Mag2, where the magnetic anomaly is supported by development-conducive ground cover, as opposed to salt lakes.
Aldoro’s initial ground work will target nickel-copper-PGE mineralisation hosted in intrusive complexes and success will be considered pivotal in securing a greater footprint over the area.
“The granting of this tenement will also enhance the strategic significance and prospectivity of Aldoro’s mineral licence holdings over this significant area,” the company said.
Largest in Australia
Narndee Windimurra is the largest mafic-ultramafic intrusive complex in Australia and comprises a “classic” layered stratigraphy, typified by the Bushveld Igneous Complex in South Africa.
The stratigraphically-higher mafic parts of the complex contain predominantly iron-titanium-vanadium deposits as seen at the Windimurra, Youanmi and the Atley complexes.
The Windimurra tenement covers Mulyeron Hill – a stratigraphically-lower ultramafic portion of the Windimurra mafic-ultramafic complex.
Aldoro is hoping its exploration may unveil a similar prospectivity for Bushveld-style PGEs.
In January, Aldoro commenced a strategic review of its gold assets to enable a primary focus on the wholly-owned Narndee project.
Tenements under review include the Penny South gold project, Unaly Hill South and Ryans Find, all located in WA.
Aldoro said it would consider “different commercial options” for the assets, which could entail the potential sale of the portfolio or “other capital initiatives”.
“The Narndee project continues to be Aldoro’s core focus going forward and [we] shall provide shareholders with updates on exploration progress as required,” the company said.