Aldoro finds two new targets at Narndee nickel-copper PGE project
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Aldoro Resources has identified strong off hole electromagnetic targets at its Narndee Igneous Complex project in WA – which is prospective for nickel-copper-PGE mineralisation.
Downhole electromagnetic (DHTEM) surveying in five holes at the VC1 target identified two conductors which the company said indicates the VC1 conductor is strengthening at depth.
Aldoro Resources (ASX:ARN) will now target the two high priority off-hole targets in the next phase of drilling at VC1 as well as testing the east-west extent of mineralisation from exiting drill pads with the aim to extend the mineralisation further down plunge.
The company also completed semi-quantitative portable X-Ray fluorescence (pXRF) analyses for NDD0003 and NDD0004.
The grades are a guide to the presence of metal species and the sulphide assemblage rather than an indication of expected laboratory assay grades, and returned a mean average of:
Other metals of potential interest – such as platinum, palladium, and cobalt – will be reported with the laboratory assays as they are received.
Aldoro has also commenced the first drillhole testing the VC3 target and intersecting prospective lithology.
Notably, NDD0005 has intersected a suite of mafic and ultramafic intrusive rocks over its entire length which the company interprets as a similar package to that hosting the mineralisation at VC1.
Aldoro said this strongly upgrades the VC3 target, which is located between 460m and 480m downhole in NDD0005.
The company plans to move the rig back to VC1 as soon as drillhole NDD0005 is completed at VC3.
But, if results are positive at VC3, a second rig that’s expected to arrive in several weeks may be fast tracked to site – which could result in several targets being tested and delineated simultaneously.
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.