Kameelburg shows real scale as Aldoro keeps REE, niobium hits coming

• Drilling extends mineralisation at Kameelburg project to the north by a further 300m
• All three holes in latest update have ended in mineralisation, indicating potential for depth extensions
• Drill program extended by three holes while further assays are expected in mid-July along with a maiden resource estimate

Special Report: Aldoro Resources continues to highlight the potential scale of its Kameelburg rare earths and niobium project in Namibia after drilling extended mineralisation and returned hints of depth extensions.

Holes ND002A, ND003 and ND006B returned significant intersections of rare earths, niobium and molybdenum that extended mineralisation by 300m to the north of the existing discovery zone.

The holes also ended in mineralisation, providing further encouragement for Aldoro Resources (ASX:ARN) that deeper drilling could extend Kameelburg mineralisation.

Notable new intercepts include:

• 193m grading 1.74% total rare earth oxides, 0,23% niobium pentoxide and 229ppm molybdenum in the upper REE dominant layer and 46m at 0.76% TREO and 0.45% Nb in the lower niobium dominant layer (ND002A);
• 35m at 1.6% TREO, 0.28% Nb and 225ppm Mo in the upper layer and two separate intersections of 30m at 0.81% TREO and 0.46% Nb and 58m at 0.92% TREO and 0.28% Nb in the lower layer (ND003); and
• 10m at 2.78% TREO, 0.24% Nb and 88ppm Mo in the upper layer and 330m at 0.95% TREO, 0.27% Nb and 130ppm Mo (ND006B).

Of these ND003 confirms that mineralisation extends at least 300m to the north and 500m in depth while ND002A extends the furthest known eastern mineralisation by about 200m.

To date, these results have defined the Kameelburg footprint to 1km long by 550m wide and 510m deep.

The company has also agreed to acquire two new diamond drill rigs which will arrive on site in September 2025.

These rigs will enable the company to increase the drill depth from the current maximum of 510m to about 740m.

Kameelburg project

The Kameelburg in Namibia, which is ranked as the most mining friendly country in Africa, has been compared to the Niobec Saint-Honoré, which has has a resource of 640Mt at 0.41% niobium and 1.63% TREO.

However, Kameelburg may have the advantage of scale and mineability as the carbonatite body covers more than 160 hectares and is near surface compared to Saint-Honoré, which sits across a 40-hectare footprint buried beneath 100m of limestone and overburden.

It also benefits from being just 2km from a railway that runs direct to the main export port of Walvis Bay, about 355km to the southwest.

There is also a bitumen highway on the edge of the tenement ~1km away while the existing national power grid is just 7km away.

With 20 holes drilled to date, ARN has expanded the phase 1 drill program with another three holes that will be drilled up to 1200m to the south to test the extent of mineralisation in that direction.

Further assays are also expected to be processed by mid-July while work is underway on a maiden resource estimate.

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.