Connect with us

Hi, what are you looking for?

Investing

Kameelburg Niobium Assays Reveal up to 9.03% Nb2O5

Aldoro Resources Ltd (“Aldoro”, “The Company”) (ASX: ARN) is pleased to confirm latest niobium results with all six (6) dyke sample assays ranging from 5.8% to 9.03% Nb2O5. These latest results highlight the potential of the area around the periphery of the Kameelburg REE- rich carbonatite, known to contain niobium-rich dykes with historical samples reporting up to 4.75% Nb2O5 (Refer to announcement ASX: ARN 20 March 2023).

HIGHLIGHTS:Latest niobium assays received with results ranging from 5.77% to 9.03% Nb2O5 for all six (6) selected niobium rock chip samplesNiobium samples located within a pyrochlore-rich dyke and has limited exposure due to its presence along the colluvium rich shadow of the giant carbonatite (with diameter spanning 1.4km and rising to 275m in height)Drilling of niobium-rich dyke planned – discussions advancing with experienced local drilling contractorsFurther investigation to proceed on additional dykes and niobium potential along peripheral zones of the Kameelburg Project

Recent investigation at this peripheral dyke revealed an outcrop striking at 315o over 15m, up to 0.5m wide and dipping to the east at 62o. The dyke is located in a nepheline syenite host of the Kameelburg carbonatite and is obscured by colluvium, soil development and vegetation.

Next steps for Aldoro

The Company plans to undertake drilling as part of further investigation into the extent of niobium enrichment within the peripheral dyke. Discussions are advancing with local experienced drill contractors on this front. Aldoro also continues to investigate additional dykes along peripheral zones of the Kameelburg carbonatite, with the intention of unlocking further niobium potential within the entire project region.

Click here for the full ASX Release

This post appeared first on investingnews.com

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    Kim Jong Un attended a “paramilitary parade” with his daughter to mark the 75th anniversary of North Korea’s founding on Saturday, the country’s state...

    Stock

    Target said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime. The company will...

    Economy

    A U.S. District Court judge Thursday blocked implementation of a new Idaho law that would prevent transgender students from using restrooms, locker rooms and...

    Stock

    The Consumer Price Index hit 3.2% in July, compared with 3% in June, the Bureau of Labor Statistics reported Thursday. Once again, food prices...

    Disclaimer: aimyourdeals.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 aimyourdeals.com