Aldoro Resources (ASX:ARN) reports that it has intersected multiple 50 metre-plus pegmatite intervals following commencement of phase two of an ongoing drilling campaign at its Niobe Rubidium-Lithium Project in Western Australia
The results, generated by a total of 33 reverse circulation (RC) drill holes for 2,235m, have exceeded the company’s expectations with multiple drill holes intersecting mica-rich pegmatite intervals.
Key results include:
- Drillhole NBC0087 (Pegmatite intercepts totalling 63m (inc 50m from 8m)
- Drillhole NBC0098 (Pegmatite intercepts totalling 56m (inc 48m from 46m)
- Drillhole NBC0097 (Pegmatite intercepts totalling 50m (inc 25m from 28m)
Drilling is centred around the projects 5 main pegmatites discovered to date, including the Main, Breakaway, Southeast, Northeast and Niobe Flats with 35 drill holes for 4,260m remaining.
The company also notes that the current drilling is aimed at assessing the ‘high-level’ resource potential of the contained lithium and rubidium within the Niobe Main pegmatite, which was identified by drilling in the Q1 drilling envelope.
current drilling is aimed at assessing the ‘high-level’ resource potential of the contained lithium and rubidium
In addition, the company reports that the ongoing program has been dictated by the pegmatite intersections, which have been interpreted as flat lying sills or moderately steeply dipping dykes that are orientated towards the northwest region of the project area.
The Niobe Project is located about 70km north-west of Mount Magnet within the Murchison province of Western Australia and is prospective for tantalum and lithium mineralisation.
The project’s licence area contains numerous pegmatite dykes which contain shallow, ‘high-grade’ tantalum mineralisation, as well as other local areas that contain ‘significant’ lithium enrichment.
With the current phase two drilling operation still ongoing, Aldoro announces that it remains focused on targeting a possible extension of the Breakaway pegmatite towards Niobe Flats.
Rubidium is a highly abundant element in the Earth’s crust, roughly as abundant as zinc. It occurs naturally in the minerals leucite, pollucite, carnallite, and zinnwaldite, which contain as much as 1% rubidium oxide.
Images: Aldoro Resources Ltd
