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Aldoro Resources Ltd (ASX:ARN)

ALERT: Price-sensitive ASX Announcement for ARN
Current share price for ARN : $0.330 -0.13 (-28.26%)+
Announcement
Release
9 Feb 2026 9:39AM
Price at Release
$0.460
Full Release
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Summary
Aldoro Resources Ltd has confirmed significant intrusive copper-gold targets at their Damara Gold Project in Namibia. The announcement details the identification of high-priority magnetic targets at the Nordenberg and Okaue prospects. At Nordenberg, a concentric ring-style magnetic system suggests a granite/porphyry intrusive center, indicating potential copper and gold mineralization. The geochemical data align with porphyry copper-gold style alteration zoning. Okaue presents a deep magnetic source consistent with intrusion-related mineralization, with elevated gold at the contact zones. The project covers approximately 152 km² in the Damara Gold Belt, an area known for its mineral potential and low-cost discovery of gold resources.
Key Points
  • High-priority magnetic target defined at Damara Gold Project.
  • Nordenberg Prospect shows a concentric ring-style magnetic system.
  • Soil geochemistry indicates a central copper anomaly.
  • Okaue Prospect reveals a deep magnetic source suggesting an intrusion.
  • Damara Project spans approximately 152 km² in a highly prospective gold belt.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.