Aldoro Resources Says Survey Works Define High Priority Target Areas at Namibia Project; Shares Jump 4%
MT Newswires Live
Feb 09
Aldoro Resources (ASX:ARN) said that survey works defined high priority target areas called the Nordenberg and Okaue target at the Damara gold project, according to a Monday filing with the Australian bourse.
The Nordenberg target has multiple aeromagnetic and radiometric anomalies and contains key components of a porphyry copper-gold system, the filing said.
The surveys identified central elliptical high magnetic anomalies at Okaue, the filing added.
Shares of the company rose past 4% in recent Monday trade.
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