Aldoro Resources to Begin Phase Two Drilling at Namibia Project Targeting Niobium Mineralization, Shares Jump 12%

MT Newswires Live

Oct 16, 2025

Aldoro Resources (ASX:ARN) said diamond drill rigs have mobilized to the Kameelburg project in Namibia, with the second phase drilling program scheduled to begin this week, targeting the high-grade niobium mineralization, according to a Thursday Australian bourse filing.

The firm expects to refine and potentially expand the mineral resource at the project based on the drilling data.

It added that a detailed ground magnetic survey was completed over the Omuronga heavy rare earth elements project in Namibia.

Its shares jumped 12% in recent trading on Thursday.

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