Market Alert: Strong Breakout Setup Emerging in ASX 200 Utilities Sector
Aldoro Resources Ltd (ASX: ARN) has confirmed a potentially Tier-1 polymetallic discovery at its Kameelburg project in Namibia, with assays from six diamond drill holes revealing continuous and high-grade mineralisation in rare earth elements (REE), niobium (Nb), and molybdenum (Mo). Notably, all holes ended in mineralisation, which remains open at depth, with a clear zonation pattern—upper layers enriched in REEs and lower layers dominated by niobium. Drill holes DD004, DD004A, and DD004C reported REE grades above 2% TREO in multiple intervals, with strong accompanying niobium and molybdenum values.
Strategically located near major infrastructure and showing mineralisation widths of 325 meters and depths of 500 meters, Kameelburg stands out as a major emerging resource. The mineralised assemblage, dominated by high-value elements like Nd and Pr, is consistent with global carbonatite REE systems. Additional assays and deeper drilling—enabled by third-party contractors—are underway to further define the deposit and support a Mineral Resource Estimate expected by quarter-end.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.