News Articles for Aldoro Resources

Aldoro Resources has announced it will divest a series of non-core assets in Western Australia.

West Perth-based junior Aldoro Resources has announced it will undertake a review into its non-core assets, following interest from other parties.

This week's Bulls N' Bears Runner of the Week is … Aldoro Resources. The Namibian explorer stacked on 201% after jagging continuous niobium from a trench chip-sampling program at its Kameelburg project. Other runners include Macro Metals which secured $4 million from an earthmoving company that joined its share register and began drilling for manganese in WA's Pilbara region, while other movers and shakers this week were Invion and Petratherm.

Our board moves wrap includes Scott Thompson, Marc Phillips, Renaud Besnard, Peter Himes, Liqun Li, Troy Flannery, Stuart Macnaughton, Michael Spreadborough, Henk Ludik, Ping [Richard] He, Cameron O'Brien, Matthew O'Hara, Stefan Ross, Paul Niardone, Lachlan Reynolds, Nicholas Ong, Natalie Teo, Dermot O'Keefe, Nicholas [Nick] Vickery, David Coyne, Willie Bezuidenhout, Robert Ierace, and Robert Stevenson

Aurum Resources has appointed experienced African gold miner Caigen Wang as its new managing director as the company works-up the shallow, wide gold-bearing orebody at its Boundiali project in Côte d'Ivoire. Wang is no stranger to maturing African gold discoveries, taking Tietto Minerals from a market cap of about $30 million to nearly $700 million at its Abujar gold mine, also in Côte D'Ivoire.

The dust has settled and the rods have been pulled on Aurum Resources' maiden 74-hole air-core drilling campaign at its Ryans Find gold project, north-east of Koolyanobbing in WA's illustrious goldfields. Drilling was designed to test the source of a suite of alluring gold and base metal anomalies etched out over a prospective – and under-explored – greenstone sequence.

Everest Metals Corporation will keep the drillbit spinning after delivering more high-grade rubidium and lithium results at its Mt Edon project near Paynes Find in Western Australia's Mid West region. New drill results show up to 0.51 per cent rubidium oxide and 0.94 per cent lithium oxide, with an 80m hit at 0.32 per cent rubidium oxide and 0.11 per cent lithium oxide from 25m.

Aurum Resources is set to launch a maiden 74-hole air-core drilling campaign at its Ryans Find gold project, north-east of Koolyanobbing, after completing trackwork for the rig and a heritage clearance survey. Some 3500m of drilling will be oriented in multiple transects perpendicular to the prospective greenstone belt to follow-up on gold and base metals anomalies observed in soil sampling.

Our board moves wrap includes Stephen Belben, Joshua Lowcock, Caigen Wang, Steve Boston, Robin Scrimgeour, Kane Marshall, Gary Jeffery, and Paul Hardie.

After poring over historical data mineral explorer Aurum Resources has confirmed the company's flagship Penny South gold project in WA's Mid West is also prospective for nickel along with a potential side of silver and zinc. Aurum intends to re-assay drill holes that were only ever assessed for gold as it looks to quantify the project's base metal potential.

Aldoro Resources has broken ground at its Wyemandoo rubidium-lithium project about 60km southeast of Mt Magnet in WA after launching a maiden RC drill campaign at the venture. A number of key targets have been identified through earlier rock chip sampling and Aldoro is targeting a brace of pegmatites that previously delivered impressive grades of up to 2.06 per cent lithium oxide.

Aldoro Resources is just days from starting to drill at its high-grade rubidium-lithium pegmatites at the company's Wyemandoo project, 60km southeast of Mt Magnet in WA. Previous surface sampling returned high-grade rubidium to 1.82 per cent and lithium to 1.08 per cent. Metallurgical studies are underway to determine the most cost-effective beneficiation process and extraction efficiencies.

Aldoro Resources has tabled the assay results for a pair of diamond drillholes prospective for nickel and copper at its V1 prospect, part of the larger Narndee project about 90 kilometres from Mount Magnet in Western Australia. The company says the program has confirmed the presence of the en vogue minerals in both drill holes.

Aldoro Resources could be closer to discovering lithium after intersecting pegmatites across multiple levels at its Niobe project, about 70 kilometres from Mount Magnet in Western Australia. According to the company, the recently completed drill program punched out 65-holes and struck pegmatites in almost all of them, confirming historical results and closing the campaign on a high.

Our board moves wrap includes Mark Mitchell, Joshua Letcher, Sonu Cheema, Andrew Naude, James Smith, Cris Buningh, Raj Ray, Kathryn Giudes, Bernard Pryor, and Khomotso Mosehla.

Aldoro has nailed its nickel targets delivering improved intercepts from the latest drilling at its Narndee project in WA. Significant results include up to 4.26 metres grading 1.22 per cent nickel. The reported intercepts represent a marked improvement in width over the previously encountered single metre grading 1.35 per cent nickel from 192m downhole.

Aldoro Resources has uncovered a string of high-grade rubidium from a pegmatite rock chip sampling program at its Wyemandoo project approximately 80 kilometres southeast of Mount Magnet in WA. According to the company, the assay results pointed to “exceptional” grades of up to 1.24 per cent in individual samples and says lithium and tantalum were also present.

Polymetallic mineral explorer Aldoro Resources has encountered its thickest pegmatite intersections to date. A third phase of drilling continues to churn out solid pegmatite intervals at the company's Niobe lithium project 40 kilometres south of Leinster in WA. The campaign consisted of 13 RC holes with each one intersecting multiple pegmatite intervals. A total of 45 holes have been drilled to date over the three phases at Niobe.

Mineral explorer Aldoro Resources has intersected multiple pegmatite intervals prospective for lithium mineralisation in all 15 holes of a follow-up, phase two RC drill program at its Niobe project in WA. The company says the drilling validates and extends both the phase 1 drilling and the historic drilling results. The campaign forms part of a larger 64-hole investigation of the project's landholdings.

Aldoro Resources could be onto lithium at its Niobe project in Western Australia after a phase one RC drilling program intersected two thick pegmatite intervals below surface. The company says each of the 17 holes plunged into Niobe struck significant pegmatite bodies, validating and extending historic drilling results. The campaign forms part of a larger 64-hole investigation of the project's landholdings.

Aldoro Resources is set to sink over 60 holes totalling 3730 metres across its Niobe East, Niobe Southeast and Breakaway pegmatites in WA after a RC drill rig was delivered to the site. The program follows a recently wrapped up exploration campaign that saw the company bag up around 50 rock chip samples with elevated lithium pathfinder minerals.

Aldoro Resources has unveiled a suite of high-grade rubidium and some anomalous lithium results from a pegmatite rock chip sampling program at its Wyemandoo project approximately 80 kilometres southeast of Mount Magnet in WA. The company says the results that included peak grades of 1.82 per cent rubidium and 6600 parts per million lithium, have “exceeded” expectations.

Aldoro Resources is days away from firing up the rig to drill over 60 holes across its Niobe East, Niobe Southeast and Breakaway pegmatites in WA after completing a heritage site avoidance survey at its planned drill sites. The program follows a recently completed exploration campaign that saw Aldoro bag up close to 50 rock chip samples with elevated lithium pathfinder minerals.

ASX-listed Aldoro Resources has the drill rig at the ready having received encouraging assay results from its recent sampling program over the Niobe East, Niobe Southeast and Breakaway pegmatites in WA. Almost 50 rock chips were collected with assay results confirming rubidium and lithium prospectivity beyond the Niobe main pit. Aldoro says it is now geared up and ready to unleash the drill rig once a heritage survey is completed.

Aldoro Resources is powering through a rock chip sampling program targeting high-interest lithium and rubidium pegmatites, following up some exciting previous rock chip samples at its Wyemandoo project approximately 80 kilometres southeast of Mount Magnet in WA. To date, 275 samples have been collected and of the 80 samples already analysed by portable XRF the overwhelming majority have returned highly anomalous rubidium values.

Aldoro Resources has planned a rock chip sampling program targeting high-interest lithium and rubidium pegmatites, following up some exciting previous rock chip samples at its Wyemandoo project approximately 80 kilometres southeast of Mount Magnet in WA. Previously reported grades included a rock chip grading a respectable 2.6 per cent lithium and 1.7 per cent rubidium.

Aldoro Resources has intersected the single thickest massive sulphide zone to date at its VC1 prospect within the Narndee Igneous Complex project located 90 kilometres south-southwest of Mount Magnet in WA. The 15.65 metre long hit included a 3.8m massive sulphide interval that broke into the footwall sequence that hosts favourable conditions for significant accumulations of nickel-copper sulphides, according to the company.

The spinout of Aldoro Resources' gold assets has listed on the stock exchange, closing up 12.5 per cent on its offer price.

Aurum Resources is set to hit the boards at the ASX after an oversubscribed initial public offering of nickel-copper explorer Aldoro Resources' gold assets. Aurum has raised $5 million to fast track the development of its underexplored gold projects in WA's East Murchison region. Aurum will prioritise its Penny South gold project that already has some cracking drill results that were inexplicably never followed up.

Aldoro Resources has intersected 6.7 metres of strong magmatic sulphide mineralisation in diamond drill core at its Narndee Igneous Complex tenements located 90 kilometres south-southwest of Mount Magnet in WA. An RC rig has now mobilised to Narndee to commence infill drilling between the existing diamond drill holes to achieve a JORC compliant resource.

ASX-listed Aldoro Resources is concentrating efforts on exploring the Loop Pegmatite structure at its Wyemandoo pegmatite project in Western Australia. The exploration focus is following up a series of high-grade lithium and rubidium assays and completed satellite imagery which indicate a similar structure immediately to the south in the pegmatite swarm. Aldoro says the Wyemandoo pegmatites represent a new lithium-rubidium bearing-pegmatite field.

ASX-listed Aldoro Resources says high grade rubidium and lithium has been showing up in rock chips collected from its Wyemandoo pegmatite prospect in Western Australia and rubidium values are comparable with the richest JORC compliant global rubidium deposit in Namibia. The anomalous assay data stretches over an area greater than 9km over four contiguous exploration permits which Aldoro has termed the Wyemandoo project.

Aldoro Resources has hit sulphides in two diamond drill holes into the VC11 target at its flagship Narndee project, 400 kilometres north-east of Perth. The presence of sulphides and prospective host rock units in diamond core has given the company the confidence to extend the nickel prospectivity of the Narndee project out to the VC11 prospect, a whopping 7km north northwest of the VC1 target.

Mineral explorer Aldoro Resources has boosted its lithium footprint in WA after sealing an agreement with Trafalgar Resources for the 100 per cent acquisition of its Windimurra pegmatite assets near Mt Magnet. The deal represents the fourth acquisition of lithium ground by Aldoro in as many months. Under the agreement Aldoro will pay Trafalgar $50,000 in cash and 275,000 shares.

Mineral explorer Aldoro Resources has turned up some promising results from rock chip samples containing lithium, nickel, copper and gold at its Narndee and Wyemandoo prospects near Mt Magnet in WA. The company is now planning a round of detailed mapping and drilling to run the samples to ground. Results include high-grade rubidium and highly anomalous lithium, with the best results 0.8 per cent rubidium and 0.81 lithium.

WA-focused exploration company, Aldoro Resources has delivered a thick 35.95m interval of disseminated magmatic sulphides, including 2.95m of massive to semi-massive sulphides at its flagship Narndee nickel, copper and PGE project. The new hit marks the seventh hole of seven to have intercepted sulphides at the VC1 prospect, with assays from the first two holes returning grades up to 1.05 per cent nickel and 2 per cent copper.

Aldoro Resources has completed a site visit to its newly acquired Niobe project area in WA and has defined the extent of the anticipated rubidium footprint over several pegmatite prospects. Rock chip samples collected were analysed with a portable XRF gun which confirmed elevated rubidium values associated with zinnwaldite mica. Sixty-six planned drill holes have been pegged for a reverse circulation drill programme scheduled to kick off in October pending access clearances.

Aldoro Resources has its sights on a potential world-class rubidium resource at its Niobe prospect in WA's Mid West. It has defined an early target of 33,000-150,000 tonnes rubidium oxide, a commodity that sells for more than A$1.4 million a tonne. Aldoro is keen to start the drills spinning in September at the pegmatite project, which will also target lithium potential.

Aldoro Resources continues its tour-de-force in Western Australia's resurgent Murchison mineral field and is now testing a series of new nickel targets including a pair of strong off-hole conductors that were lit up by geophysics below its flagship VC1 discovery. The company recently completed its maiden drilling program over its exciting VC1 target, returning solid intercepts of massive nickel sulphides.

Aldoro Resources continues to kick goals at its Narndee sulphide discovery in Western Australia. The company is showing a perfect scorecard with all four of its maiden diamond drill holes into the electromagnetic target returning massive sulphides. Geological logging of the recently drilled NDD0004 noted the presence of disseminated to blebby sulphides over an interval of more than 124 metres.