Archived News
In August 2021 Finfeed changed from a website that covered ASX listed news to a website
that covered a select range of ASX
listed small cap Biotech stocks that we are personally
invested in: find out more.
The old Finfeed website, and all of the old articles are kept here for record keeping purposes.
VISIT NEW SITEAldoro commences FLTEM survey at Nardee Ni-Cu-PGE project
3 minute read
Aldoro Resources Limited (ASX:ARN) has advised of the commencement of a High Power Fixed Loop EM (FLTEM) survey at its 100% owned flagship Narndee Project.
As announced on 24 November 2020, a total of 16 major targets were initially identified by an airborne VTEM survey around the Milgoo Peak area of the Narndee Igneous Complex.
Further refinement of data and imagery in December 2020 provided the basis for the selection of seven clear, discreet bedrock conductors - exceptional targets for follow-up exploration, along with nine broader, deeper anomalies.
Discrete bedrock conductors and broader electromagnetic anomalies identified from final processed VTEM data. FLTEM survey areas designated by light blue boxes showing survey lines.
These notable targets form the basis for the follow-up ground based FLTEM geophysical survey, offering a higher level of target discrimination than the VTEM results.
Commencing on 12 February 2021, with contractors HPEM Geophysical Services, the survey with enable the differentiate EM sources and eliminate spurious conductor anomalies such as trapped saline water in the weathered bedrock.
By establishing the true conductance levels for the bedrock conductors indicating the strong likelihood of sulphides, the probability of selecting false positive anomalies as drilling targets, is significantly nullified.
FLTEM transmitter equipment on site at Narndee. Inset, receiver loop capturing readings on one of the survey lines.
The subsequent results will be reviewed by Aldoro’s geophysical consultants, Southern Geoscience Consultants, with overall data interpretation and subsequest conductor modelling expected to be concluded in 4-6 weeks.
Future work
This data will be bolstered by a complementary 2DIP survey expected to commence in 3-4 weeks’ time, which will offer an additional layer of target interrogation.
Together with FLTEM, these combined datasets will significantly increase the likelihood of selecting only legitimate (sulphide) bedrock conductors for follow-up exploration.
The Narndee Project continues to be Aldoro’s core focus going forward and the Company shall provide shareholders with updates on exploration progress as required.
About Aldoro Resources
Aldoro Resources Ltd is an ASX-listed mineral exploration and development company.
Aldoro has a collection of gold and nickel focused advanced exploration projects all located in Western Australia.
The company’s flagship project is the Narndee Igneous Complex, highly prospective for Ni-Cu-PGE mineralisation.
Aldoro is also currently exploring the Penny South Gold Project, which is contiguous to Ramelius Resources (ASX:RMS) Penny West Project in the Youanmi Gold Mining District, as well as Unaly Hill South (Au) and Kiabye Well (Au).
Other projects include the Cathedrals Belt Nickel Project, with a significant tenement holding surround St George Mining’s (ASX:SGQ) Mt Alexander Project, the Leinster Nickel Project (Ni), Windimurra Igneous Complex (Ni-Cu-PGE, Li) and Ryans Find (Au, Ni-Cu- PGE).
Latest articles on Aldoro Resources
More Commentary
Los Cerros confirms extensive gold porphyry mineralisation
08-07-2021
GTI completes drilling ahead of establishing uranium resource
06-07-2021
Los Cerros ready to grow another leg, driven by Tesorito results
28-06-2021
GTI Resources starts second round of uranium exploration drilling
25-06-2021S3 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.