Aldoro Resources (ASX:ARN) found niobium and rare earths from a recent mapping program conducted at the Kameelburg carbonatite project in Namibia, according to a Thursday filing with the Australian bourse.
The program collected 74 samples with yields of up to more than 10% niobium pentoxide and 9.9% total rare earth oxides, the miner said in the filing.
Shares of Aldoro Resources surged past 24% in recent trade.
Price (AUD): $0.08, Change: $+0.02, Percent Change: +24.24%
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