Aldoro has received wet assay results for the first 88 rock chip samples from the Fairway Corridor at its Wyemandoo project.

The company says the results exceed expectations, with grades averaging 0.38% rubidium and a peak value of 1.82%.

Rubidium is a scant mineral that on account of its rarity commands a price of as much as $1 million per tonne, and has applications in the manufacture of photocells and removal of gases from vacuum tubes.

Lithium grades from the sampling averaged 1187ppm, with a peak value of 6600ppm.

Boosts confidence for RC drilling program

Aldoro Resources (ASX:ARN) said the relatively fast turnaround of wet chemistry assay results augments the preliminary pXRF readings of 1.31% and 1.71% rubidium.

“There appears to be an excellent correlation between wet chemistry and pXRF results,” the company said.

“This provides a high confidence level for targeting the upcoming RC drill program.”

Rock chip sampling ongoing

The rock chip sampling program is ongoing, and preparations are underway for an RC drill program targeting the highest-grade areas from the wet chemistry results and pXRF readings.

The RC drilling will also target specific areas of interest, where higher concentrations of lepidolite and rubidian muscovite were observed in outcrop.

The RC rig slated to undertake the drilling program at Niobe has been held up in servicing and will commence following the Christmas/New Year period with a January 5 start date.

 

 

 

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.