- Aldoro Resources (ARN) confirms rubidium and lithium extend beyond the Niobe Main Pit in WA
- The company has received results from rock chip samples collected from the Niobe East, Niobe Southeast and Breakaway pegmatites
- The results have shown anomalous rubidium and lithium extend over 400 metres of strike at Niobe East and for up to 100 metres at Breakaway
- Aldoro plans to conduct drilling once a heritage survey has been completed
- Company shares end the day 2.15 per cent in the green to close at 47.5 cents
Aldoro Resources (ARN) has received results from rock chip samples collected from the Niobe East, Niobe Southeast and Breakaway pegmatites in Western Australia.
Forty six samples were collected and analysed for rubidium, lithium and caesium. The average rubidium value was 1892 parts per million (ppm) with a range of between 34.7 and 9307ppm rubidium.
The average lithium value was 0.0725 per cent and ranged between 0.005 to 0.4 per cent while caesium averaged at 200ppm and ranged from 3.1 to 1934ppm.
Results showed anomalous rubidium and lithium at Niobe East extend over 400 metres of strike which confirms the prospectivity beyond the Niobe Main Pit. On the western side of the Breakaway pegmatite, anomalous rubidium and lithium extends for up to 100 metres.
The company plans to conduct follow-up drilling and received a program of works approval for this last week. Aldoro must also however complete negotiations for a heritage survey and has a reverse circulation rig ready to mobilise once the survey is complete.
Aldoro shares ended the day 2.15 per cent in the green to close at 47.5 cents.