279.9Mt at 2.45% TREO Equivalent: Aldoro’s Kameelburg Maiden Resource

A Landmark Maiden Resource

Aldoro Resources Limited (ASX – ARN) has delivered a significant milestone with the announcement of a maiden JORC-compliant inferred mineral resource estimate (MRE) for its Kameelburg Rare Earth Element-Niobium project in Namibia. The initial resource totals an impressive 279.9 million tonnes at 2.45% total rare earth oxides equivalent (TREO Eq), including a substantial high-grade zone of 136.5 million tonnes at 2.93% TREO Eq. This estimate is based on approximately 60% of the Phase I diamond drilling program, with a comprehensive update incorporating the full ~9,500 meters of drilling expected imminently.

Strategic Importance and Location

The Kameelburg deposit’s scale and grade position it as a potentially world-class source of rare earth elements (REEs) and niobium, critical materials in the global transition to clean energy and advanced technologies. Located in Namibia’s stable and mining-friendly jurisdiction, the project benefits from excellent infrastructure, including proximity to the Walvis Bay deep-water port, heavy haul freight rail, and high-voltage power lines. These factors collectively enhance the project’s commercial viability and attractiveness to investors seeking alternatives to dominant Chinese rare earth supply chains.

Resource Details and Geological Context

The resource estimate reveals two main mineralised zones, upper and lower horizons, with consistent grades of 1.16% TREO and 0.20% Nb2O5 across the total 279.9Mt. The high-grade zone, reported at a 1.0% TREO cut-off, contains 136.5Mt at 2.93% TREO Eq, underscoring the deposit’s robust potential. The mineralisation is hosted within a carbonatite intrusion characterized by bastnaesite and ancylite minerals, with niobium and molybdenum also present. The deposit remains open to the northwest and at depth, suggesting significant upside as further drilling progresses.

Ongoing Work and Future Prospects

Metallurgical testwork is underway, with results expected by late August or early September, aiming to confirm the amenability of the ore to processing and concentrate production. Aldoro plans to complete the remaining Phase I drilling shortly and commence a Phase II program targeting deeper extensions in Q4 2025. Additionally, exploration at the adjacent Omuronga tenement is set to begin, focusing on confirming the presence of heavy rare earth elements and higher-grade niobium zones, which could further enhance the project’s value.

Market and Investor Implications

Chairperson Quinn Li highlighted the rapid progress and scale of the discovery, emphasizing Kameelburg’s potential to become a Tier 1 rare earth project. The combination of size, grade, and infrastructure access positions Aldoro to play a strategic role in diversifying global rare earth supply. However, the resource remains classified as inferred, and economic extraction assumptions await confirmation through metallurgical results and further drilling. Investors should watch closely as the company advances these critical milestones.