Aldoro Resources Says Testing Achieves 62% Niobium Recovery at Namibian Project

MT Newswires Live07-15

Aldoro Resources (ASX:ARN) said recent test work achieved a niobium recovery level of 62.4% for a selected sample from the Kameelburg project in Namibia.

The results are in line with recoveries achieved by developing niobium explorers and producers, according to a Monday filing with the Australian bourse.

The recoveries provide "solid confidence" leading up to a planned maiden drilling that will target niobium dykes at Kameelburg.

Shares of Aldoro Resources surged 41% Monday.

Price (AUD): $0.10, Change: $+0.03, Percent Change: +40.85%

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