Australia's Aldoro Resources jumps on finding pegmatite
10/08/2022 06:34
** Shares of mineral explorer Aldoro Resources Ltd ARN.AX
climb as much as 22.6% to A$0.325, highest since April 20
** Co says initial drilling intersected multiple pegmatite
intervals of 50 metres or more at Niobe Rb-Li project in Western
Australia (https://bit.ly/3SPPxqG)
** Says Phase II drilling has commenced at the Niobe project
targeting a possible extension of pegmatitesin in the Breakaway
area
** About 1.2 mln shares change hands, 10 times the 30-day
average of 120,032 shares
** As of last close, shares down 36.1% this year
(Reporting by Echha Jain in Bengaluru)
((Echha.jain@thomsonreuters.com))
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