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Aldoro Resources has Kameelburg Exploration Licences renewed

Published 12/08/2024, 12:22 pm
Updated 12/08/2024, 12:30 pm
© Reuters.  Aldoro Resources has Kameelburg Exploration Licences renewed

Aldoro Resources Ltd (ASX:ARN) will be able to confidently progress exploration activities at the Kameelburg Rare Earth Elements (REE) Project in Namibia following the renewal of three Exclusive Prospecting Licences (EPLs).

EPLs 7372, 7373 and 7895 have been successfully approved for renewal by the Ministry of Mines of Namibia.

These three EPLs make up the entire Kameelburg Project, spanning a total of 1,017 square kilometres in project area.

The company said this renewable enabled it to progress exploration drilling activities with the goal to unlock full value of the giant Kameelburg carbonatite located within EPL 7373.

The Kameelburg Carbonatite which is within EPL7373.

A 2,000-metre maiden drilling program has been designed, targeting high-grade niobium dykes and high-grade REE at the southwest periphery of the large carbonatite.

Preparations for this campaign are progressing well, with the maiden program expected to begin at the end of this quarter.

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