Aldoro Resources Ltd. announced that four diamond holes (NDD0023-0026) have been completed for a total of 1,851 meters into Target area 2 intersecting variable quantities disseminated sulphides in all holes. A total of 61m of drill core bearing disseminated sulphides from NDD0025 has been cut with 1m half cores dispatched to Intertek, for analytical assaying. The core from a disseminated sulphide zone 228 to 289m depth (inclined at -75o) produced two anomalous zones of PGE, Au and Ni.

Two holes were drilled into Target 2 along line 5400 identified from Induced Polarisation (IP) surveying where first hole (NDD0023) drilled into a faulted contact dominated by magnetite with disseminated pyrrhotite and chalcopyrite form 480 to 543m. The second hole (NDD0024) intersected a pervasively altered ultramafic with minor blebs of pyrite and chalcopyrite to 546m depth. The IP sounding produced a north-south chargeability anomaly along a faulted margin in the east of Target 2 which was tested with a third hole (NDD0025) that intersected disseminated sulphides, from 218 to 287m in a pervasively altered ultramafic.

IP sounding was conducted over Target Areas 1 and 2 at 100m spacing and covered the VC1 area which has previously reported disseminated to massive sulphides. After NDD0024 was drilled, the hole was accessed to test upward chargeability and resistivity over the surrounding area to provide depth control in the IP signal. The chargeability at 300m depth with the four drill holes completed to date.

Interpretation reveals two east-west faults with displacement to the west. At hole NDD0023 magnetite was intersected which may be associated with oxidation on the northern continuation of the high chargeability anomaly. The eastern anomaly line was drilled at 5800mN via hole NDD0025 and the cross section along this line shows the chargeability profile with the disseminated sulphides coinciding with the chargeability feature with depth extent and appears adjacent to a steeply dipping fault controlled lithological contact.

Hole 4 (NDD0026) lies 100m to the north of NDD0025 and tested part of the northern strike extent of the feature, which was considered to have shallower sulphides. This North-South feature appears to continue northward and is visible in the recently completed IP Gradient Array data. Hole 5 (NDD0027) lies on the 6700mN line and targets the north-south elongate chargeability target with a coincident resistivity low.

The hole is currently at approximately 80m depth in a fractured altered anorthosite. The Narndee exploration programme resumed on the first week of January 2023 and planning includes the following: further drilling along the Eastern Target anomaly; testing the Target 3 Central Target; drilling the possible displaced extension of VC1 on line 5100 and drilling; Further IP sounding to be conducted over the central and eastern targets to refine the placement of drill collars.