ARN 1.33% 7.6¢ aldoro resources limited

Hold tight

  1. 319 Posts.
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    Aldoro has spent several months completing a thorough review of the project, including collating all available historic data.The management of the geophysical aspects of the project is being led by Russell Mortimer at Southern Geoscience Consultants (SGC). Russell has managed the EM and geophysical programs for a number of the recent major nickel sulphide discoveries in WA including Mawson (Legend Mining, ASX:LEG), Carr Boyd (Estrella Resources, ASX:ESR), Andover (Azure Minerals, ASX:AZS) and Sahara in the Western Grawler, SA (Western Areas, ASX:WSA).Note from most recent announcement
    Commenting on the VTEMTM Max survey consultant geophysicist Russell Mortimer said:“The VTEMTM Max data is amazing compared to the historic, lower powered REPTEM, like chalk and cheese! I am excited by a number of the anomalies which clearly look like type 1 bed rock conductors, associated with magnetic features. Ground based work is now required to better define these priority targets for potential drill testing.”The portion of the NIC on which the survey was focused shows clear evidence for a working sulphide mineral system, with numerous historic shallow drill intersections of Ni-Cu-PGE mineralisation but with limited follow up work (ASX, Major Ni-Cu-PGE Project - Narndee is Go!, 29 October 2020).
    A number of the VTEMTM Max anomalies show good correlation with areas of historic surface geochemical results identified by Falconbridge and previous explorers (Figure 2), whilst others anomalies are completely untested by historic work.Target NV1, in the central area of the NIC, corresponds almost exactly to the “Central An

    VTEMTM Max survey Managing Director Caedmon Marriott said:“Aldoro is exceptionally pleased with the initial results of the VTEMTM Max survey,giving a broad coverage of some 140km2 of the basal portion of Narndee Igneous Complex, whilst also yielding some very exciting targets to narrow down our search area. Planning is underway for ground based work, including gravity, EM, magnetics and geochemical programs, to rapidly follow up on the anomalies identified, in order to better define drill targets.If you would like to find out more about these exciting results a reminder that Aldoro’s AGM is this Wednesday at 11:00, where it would be great to meet as many shareholders as possible”The Narndee Project will be a significant focus for Aldoro from now and into 2021. The Company looks forward to updating shareholders on the progress of our ongoing exploration activities in due course
    FINALLY IMHO don’t be fooled by the latest resignations or by the timing somethings at play or where all being jibbed either way I’ll be waiting IMHO this will scare many of Especially the show of no support for the MD very very strange
    Regardless there to cheap I’m staying
 
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