Aldoro Resources Ltd. ( (AU:ARN) ) just unveiled an announcement.
Aldoro Resources Ltd has announced the expansion of its Phase I drilling program at the Kameelburg site, adding up to 2,700 meters of drilling to explore the potential extent of mineralization. This expansion includes both deviated and horizontal holes, with assays expedited to assess the presence of niobium and rare earth elements. The company remains well-funded, supported by a $1 million interest-free loan from Non-Executive Director Dr. Minlu Fu, who also serves as the unpaid Exploration Manager, and additional financial flexibility from its holdings in listed shares.
More about Aldoro Resources Ltd.
Aldoro Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the extraction of niobium, rare earth elements, and associated carbonatite minerals, with a market focus on expanding its mineral resource base.
YTD Price Performance: 23.68%
Average Trading Volume: 832,534
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$81.38M
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