Aldoro Resources (ASX:ARN) completes Niobe drilling program

• Aldoro Resources (ARN) concludes its 65-hole reverse circulation drilling program at the Niobe project in Western Australia
• The company reported most holes intersected pegmatites and confirmed historical drilling, with pegmatite intersections continuing to be as thick or thicker at locations where predicted
• With the Niobe drilling program now complete, the company says it will endeavour to provide a JORC 2012 mineral resource estimate once all assay results have been received
• The reverse circulation rig has now been demobilised, and will soon be returned to the Wyemandoo project, where an extensive greenfields drill program is planned
• Aldoro Resources was trading flat at 32.5 cents early today

Gold and nickel focused explorer Aldoro Resources (ARN) has concluded its 65-hole reverse circulation drilling program at the Niobe project near Mt Magnet in Western Australia’s Mid West region.  

The company reported that a majority of the holes intersected pegmatites and confirmed historical drilling, with pegmatite intersections continuing to be as thick or thicker at locations where predicted.

A portable x-ray fluorescence (pXRF) program has also now wrapped up after scanning every metre interval of RC drilling to fast-track interpretation and planning. Results for this are still pending.

With the Niobe drilling program now complete, the company said it will endeavour to provide a JORC 2012 reportable mineral resource estimate when all assay results are received.

The reverse circulation rig has demobilised, and will soon be returned to the Wyemandoo project, south-east of Mt Magnet, where an extensive greenfields drill program is being planned and rock chip sampling is continuing.

Aldoro Resources shares were flat at 32.5 cents in early trade.