Aldoro delivers on drill core from VC1 nickel-copper-PGE target
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Aldoro Resources has overcome a series of challenges at its exciting VC1 EM target within the Narndee Igneous Complex (NIC) to produce first drill core.
Aldoro (ASX:ARN) started coring the first diamond drill hole NDD0001, testing the NIC’s VC1 target, during yesterday’s day shift.
The milestone comes on the back of what the company described as “several frustrating weather, logistical and mechanical delays” and is testing a weathered gabbroic sequence – the sort of rock typical of layered mafic intrusive complexes.
NDD0001 is designed to test the central strongest part of the VC1 EM conductor, and the company expects the hole will intersect the target between 175m and 190m downhole depth.
According to Aldoro the first drill core shows the hallmarks of a typical regolith profile consistent with a weathered gabbro, with a thin veneer of surficial cover, a thin mottled zone and plasmic zone clays. Promising signs.
Water has been located conveniently close to the drill sites for the VC1 program, with a historical percussion drill hole re-entered and a submersible pump installed.
The company said the water was relatively fresh and possibly portable, and it was fortuitous to find a water source so close to drilling this early in the program.
“The close proximity of planned drilling to the shallow water source will allow water to be reticulated directly to drill sites, negating the need for water cartage,” Aldoro said in a release to market.
“This could result in significant savings in water cartage and road repairs for as long as the company operates in the area.
“Water samples collected from the bore may be used for testwork and monitoring to assess the quality of water and sustainability for uses other than drilling.”
The drilling comes just days after Aldoro identified two additional drill-ready targets at Narndee using moving loop transient EM surveying.
Those targets – VC3 and East1 – have been modelled in 3D and confirmed for drill testing.
A GAIP survey is being finalised, as part of Aldoro’s plan to derisk the project using multiple layers of geophysical application to refine its target selection.
The company plans to use GAIP over all 11 of its high-interest anomalies from VC1-11.
VC1 was chosen for drill testing first for its proximity to exciting legacy drilling by Maximus Resources.
This article was developed in collaboration with Aldoro Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.