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Aldoro Resources Ltd (ASX:ARN)

ALERT: Price-sensitive ASX Announcement for ARN
Current share price for ARN : $0.340 -0.09 (-20.93%)+
Announcement
Release
15 May 2026 8:51AM
Price at Release
$0.430
Full Release
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Summary
Aldoro Resources Ltd reported significant assay results from diamond drill hole DD008D at the Kameelburg REE-Strontium-Niobium Project. The drilling achieved a length of continuous mineralisation of 503.98 meters, marking it as one of the longest single intercepts for the project. Notably, the hole revealed 1.30% Total Rare Earth Oxides (TREO), 4.01% Strontium Carbonate (SrCO₃), 0.17% Niobium Oxide (Nb₂O₅), and 190ppm Molybdenum (Mo). The lower layer, extending 27 meters, exhibited 2.39% TREO and 6.3% SrCO₃. This confirms the eastern extension of the mineralised system and underscores the significance of strontium as a secondary commodity. The results are pivotal to the upcoming Mineral Resource Estimate, with nine holes from the Phase II program already assayed.
Key Points
  • Diamond drill hole DD008D from Kameelburg project returned a continuously mineralised intercept of 503.98m.
  • The hole featured 1.30% Total Rare Earth Oxides (TREO), 4.01% Strontium Carbonate (SrCO3), 0.17% Niobium Oxide (Nb2O5), and 190ppm Molybdenum (Mo).
  • The Lower Layer of the hole showed 27m at 2.39% TREO and 6.3% SrCO3.
  • The drill confirms the eastern extension of the REE-Sr-Nb-Mo mineralised system.
  • The findings suggest significant strontium as a secondary commodity.
  • DD008D is expected to contribute to the upcoming Mineral Resource Estimate.
  • Phase II program has assays received for nine holes, with more expected.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.