Aldoro commences drilling at Firefly

By Trevor Hoey. Published at Oct 9, 2019, in Mining

Aldoro Resources Ltd (ASX:ARN) has commenced its maiden drilling program at the Firefly Prospect, part of the Leinster Nickel Project in Western Australia.

The drilling program will test three high priority nickel sulphide targets that were delineated in the company’s 2018 ground electromagnetic survey.

Drilling is expected to take approximately 10 days, and assays should be known within six weeks.

While historical drilling hasn’t occurred at Firefly, the broader Leinster Nickel Project covers mapped and interpreted ultramafic units located along strike from Talisman Mining’s Sinclair Nickel Project and BHP’s Leinster Nickel Operations, which include the Perseverance, Rockys Reward and Venus deposits as shown on the aeromagnetic image below.

Typical of nickel mineralisation in the Eastern Goldfields

Results reported by Talisman include 21 metres at 1.0% nickel from surface and 32 metres at 0.8% nickel from surface with broad, shallow nickel mineralisation reported over 500 metres of strike.

Drilling will test a series of bedrock conductors modelled within an intense, one kilometre scale electromagnetic (EM) anomaly which appears to be associated with the contact of a high magnetic response unit.

This anomaly was detected in the company’s high powered ground electromagnetic (EM) survey over the Firefly Prospect in December 2018.

Subsequent modelling of the anomalies and investigation of historical drilling has confirmed that three higher priority anomalies remain untested by drilling.

More specifically, the higher magnetic responses in the Firefly area have been determined in historical drilling to correlate to ultramafic units, recently confirmed by drilling by Talisman Mining at the Amy Rix Prospect adjacent to Aldoro’s Leinster Nickel Project.

From a geological perspective, management said that the highest priority targets lie within an embayment of the high magnetic response unit.

Such embayments are commonly hosts for sulphide accumulations in komatiitic basalt flows which are the setting for nickel mineralisation in the Eastern Goldfields.

View Our Investment Portfolios

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why is Australia’s leading small cap publication

Founded seven years ago, is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise. provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more. is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!