Aldoro Resources Ltd is on track to announce its maiden Mineral Resource Estimate (MRE) for the Kameelburg project in Namibia by the second quarter of 2025.
The announcement follows the company’s continued success in identifying niobium mineralisation and its decision to expand its diamond drilling program to 4,500 meters.
Recent assay results have confirmed a significant 436-meter intercept on Line 6, with an average grade of 0.45% Nb₂O₅, including a high-grade section of 186 meters averaging 0.81% Nb₂O₅. Additionally, Line 2 yielded a 126-meter intercept at an average grade of 0.42% Nb₂O₅.
“Line 6 is strategically positioned between previously reported assays for Line 3 (388 meters at 0.52%) and Line 4 (262 meters at 0.52%). Line 2, situated 200 meters east of Line 3, has also returned promising results. Assay results for samples from Lines 1, 5, and 7 are currently pending,” said Aldoro Resources’ Company Secretary, Sarah Smith.
Following a brief Christmas-New Year holiday break, drilling at Kameelburg has resumed, with six diamond drill holes completed, totaling approximately 2,518 meters. Encouraged by the results, Aldoro has increased its drilling program from 2,000 meters to 4,500 meters, adding six additional diamond drill holes.
The company has utilised the DD004 drill pad for two additional diamond holes (DD004A and DD004B) and plans to undertake three more directional drill holes (DD004C, DD004D, and DD004E) before commencing another three at locations yet to be determined.
“Aldoro owns two diamond drilling rigs outright, allowing us to conduct drilling at less than 50% of prevailing market rates. Core samples from the first four diamond drill holes have been processed and are currently undergoing expedited assay testing, with results expected in February,” Smith added.
Aldoro is ensuring that all drilling and exploration activities meet JORC reporting standards. The company’s extensive surveys—including magnetic, soil, rock chip, and trenching programs—have provided a strong foundation for its MRE development.
“With the extensive groundwork and ongoing drilling campaign, we are confident in delivering a robust MRE for Kameelburg in Q2 2025,” Smith stated.
The company remains well-funded to complete the additional 2,500 meters of drilling, with all necessary rig components, consumables, and earthmoving track work already accounted for in the fourth quarter of 2024.
Aldoro Resources Ltd is an ASX-listed mineral exploration and development company with a diversified portfolio of critical minerals projects. In addition to the Kameelburg REE & Niobium Project in Namibia, the company holds key assets in Australia, including the Wyemandoo lithium-rubidium-tungsten project, the Niobe lithium-rubidium-tantalum project, and the Narndee Igneous Complex project.
