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How Aldoro’s New Rig and Funding Boost Kameelburg Drilling Ambitions
9:50am on Thursday 6th of November, 2025 AEDT
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Mining
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How Aldoro’s New Rig and Funding Boost Kameelburg Drilling Ambitions
9:50am on Thursday 6th of November, 2025 AEDT
Key Points
Expanded Phase II drilling program adds 11,000 meters of diamond drilling
Acquisition of Diamec Smart 8 rig valued at A$1.5 million via share issuance
Drill-for-equity agreement with AMW Mining offers drilling at 50% below market rates
Program targets resource expansion, metallurgical bulk sampling, and JORC upgrade
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