Aldoro Resources Limited (ASX: ARN) has commenced its maiden drilling programme at the Penny South Project.
This preliminary 5,000m aircore (AC) campaign aims to test the magnetic low corridor, interpreted as the strike extension of the Penny West Shear by the Company’s recent targeting work.
Based on an exploration model for Penny South the target corridor is shown to correspond to a prospective assemblage of low magnetic greenstone and granodiorite units observed to host gold mineralisation at the neighbouring Penny West project.
This target area of Aldoro’s tenement E57/1045 has only been sparsely tested by previous holders with less than 8% of historic drilling.
Approximately 100 holes are planned at 100m x 25m spacing along 2km of strike; with sample analysis for gold and multi-element geochemistry for pathfinder elements known to be associated with mineralisation at the neighbouring Penny West and Penny North deposits.
Drilling is expected to take approximately 3 weeks, with assay results to follow after the completion of drilling.