Cats out of the bag The Company’s tenements lie to the east, and west, of St George’s tenure and the Company’s interpretation based on its own high resolution aeromagnetic survey is that the greenstones hosting the nickel-sulphide mineralisation could extend into Aldoro’s tenure (Figure 5). Aldoro’s tenement E29/1030 is interpreted to lie directly along trend from the ultramafic units hosting the nickel-sulphide mineralisation at the Cathedrals, and aeromagnetic images show a discrete E – W magnetic feature in the SW portion of E29/1030.Aldoro notes the recent exploration success announced by St George (ASX:SGQ, 1 April 2020, 22 April 2020, 15 May 2020) at their neighbouring Mount Alexander Project, including the use of magnetotelluric and audio-magnetotelluric surveying as an exploration tool. The Company is following these developments whilst planning our next stage of exploration work at the project EYES on the prize this is going to be what will move this thing expecting good news from SGQ soon which should start a run on ARN expecting SGQ studies will confirm what they already no that the large shallow resource will extend and will start production on a scale of sorts......IMHO
ARN Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held
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