Aldoro Resources (ASX:ARN) said assays from a diamond drill hole confirmed continuous rare earth and strontium mineralization across the full width of the Kameelburg carbonatite in Namibia, according to a Wednesday Australian bourse filing.

The drill hole intersected 537 meters of mineralization from surface to end-of-hole, terminating in mineralization which remains open at depth, confirming that it forms part of a large, coherent, and laterally continuous mineralized system.

It reported average grades across the entire 537 meters of mineralization of 1.18% total rare earth oxides, 3.67% strontium carbonate, 0.19% niobium pentoxide, and 138 parts-per-million molybdenum.

Its shares climbed 7% in recent trading on Wednesday.