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Aldoro Resources (ASX:ARN) continues testing VC1 target

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ASX:ARN      MCAP $9.424M
08 November 2021 09:32 (AEST)

Source: Aldoro Resources

Aldoro Resources (ARN) is providing an update on the exploration work being undertaken at the VC1 target within its Narndee Igneous Complex.

Located north-east of Perth, WA, ARN has been carrying out drilling at VC1 as it searches for nickel, copper and platinum group elements.

Recent drilling at the target has intersected 3.74 metres of massive sulphide mineralisation in a single interval.

Additionally, the drill hole found 10.1 metres of heavy disseminated sulphide above the massive sulphide mineralisation.

ARN said this was the single thickest massive sulphide intercepted as part of the company’s exploration work at VC1.

It added that the significant nickel copper sulphide intercepts included 265.75 metres to 275.86 metres disseminated sulphide with one 6 centimeter vein of massive sulphide.

Additionally, 277.1 metres to 277.3 metres of veined sulphide, chalcopyrite dominant, 277.3 metres to 281.1 metres massive sulphide and 281.1 metres to 281.4 metres veined sulphide, chalcopyrite dominant.

Aldoro said the mineralisation remained open to the east, west and north, with further reverse circulation (RC) and diamond drilling planned for the target.

After the work is complete, the RC rig will head to ARN’s Niobe Project while the diamond drill rig will head back to VC11 to test an off-hole nickel sulphide target there.

Finally, a High-Power Fixed Loop Electromagnetics (HPFTLEM) survey is continuing at Narnadee, screening for deeper or more conductive targets.

Shares in Aldoro Resources were up 5.05 per cent at 52 cents each at 11:40 am AEDT.

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