Ann: Trading Halt, page-39

If the anns of ARN on Oct. 29 2020 (in above post) could be read well then it could be easily understood that the Narndee Igneous Complex (NIC) has a unique geology with a huge potential of significant discoveries.

There were already a lot work historical done at NIC. INCO, BHP, Maximus etc tried to make a discovery with no chance.

However ARN has found out the previous exploration models were wrong. It is explained on that anns (image given above) on Oct. 29 2020. And ARN has applied a different geological and exploration model.

That's why I am here again.

It is said on anns; (I also explained the same thing on my post

"Subsequent work by BHP in the 1980’s and Falconbridge in the early 2000’s (in JV with Apex Minerals and Mark Creasy) focused on looking for stratiform PGE reef mineralisation using a Bushveld-model (largely because the Nardee-Windimurra Complex is one of the few rare examples in the world of comparable scale where this model could be invoked)".

They thought they could apply a exploration model because NIC is similar to Bushveld in terms of geological structures for finding the nickel-copper sulphides and PGEs. They were looking to find Bushveld-like PGM reef deposits. But they were wrong.

ANR said on their anns that;
"...NIC would be unlikely to host Bushveld-like PGM reef deposits (with the lowest units of the Windimurra being prospective for this) and instead the NIC would be prospective for Ni-Cu-PGE sulphide mineralisation in basal zones of the complex and/or in constrained feeder conduits (chonoliths)".

This was the key idea.

Then ARN started the strategic exploration preparation and surveys.
From the same anns;

"Aldoro has spent several months completing a thorough review of the project, including collating all available historic data".

"Southern Geoscience have reprocessed the Maximus REPTEM survey ... Over 50 REPTEM anomalies have been identified, many forming clusters of anomalies defining conductive trends, often associated with magnetic high features cross-cutting the prevailing layered stratigraphy, and with good correlation to historic maglag geochemical anomalies. However, the data quality makes it hard to determine if these are genuine bedrock conductors."

"Aldoro have engaged UTS Geophysics to complete a VTEMTM Max airborne EM survey over the NIC to better define the EM anomalies. The Company considers this to be the best airborne EM system available..."

"Targets arising from the VTEMTM Max survey will be followed up with ground-based geophysical surveys such as gravity and MLEM..."

"In parallel with the geophysical work Aldoro has reviewed historic geochemical surveys and is in the process of completing a geological and structural interpretation of the NIC with the aid of ASTER satellite imagery. Further geochemical survey work testing key areas is also planned. This multifaceted exploration approach aims to gain a thorough understanding of the NIC and its NiCu-PGE potential."

"The Narndee Project will be a significant focus for Aldoro from now and into 2021".


So nothing is coincident here. ARN has done a hard and well researched work by a very well strategy. They are now hitting massive sulphides. It was the hard thing to find them.

It will be much easier from now on.

That's why I am here.