Aldoro Resources to expand drilling program at Narndee Nickel-Copper Project
2021-08-09 11:48:31 [Print]
Australia-based Aldoro Resources Ltd
To cover the program, the company's board has agreed to a placement of 6 million shares priced at 40 cents to raise $2.4 million to comfortably expand the current drilling program beyond 10,000 metres.
In order to facilitate the expanded drilling, Aldoro is moving a second diamond drilling rig to Narndee, which is expected to arrive on-site in September.
. has committed to expanding its 10,000-metre drilling program at the Narndee nickel-copper-platinum group elements (PGE) project in Western Australia.To cover the program, the company's board has agreed to a placement of 6 million shares priced at 40 cents to raise $2.4 million to comfortably expand the current drilling program beyond 10,000 metres.
In order to facilitate the expanded drilling, Aldoro is moving a second diamond drilling rig to Narndee, which is expected to arrive on-site in September.