NARNDEE IGNEOUS COMPLEX

90km SSW Mount Magnet, WA

OVERVIEW

The Narndee Igneous Complex is a large layered mafic-ultramafic complex covering approximately 700km2. Historic exploration has generally focused on PGM mineralisation using a Bushveld model, whilst historic drill results have found good indications of Ni-Cu sulphide mineralisation. Maximus Resources (ASX:MXR) flew an airborne EM survey over the complex (ASX:MXR, 20 August 2008) and identified 16 EM targets. Only 2 of these targets were drill tested with hole MNRC02 recording 3m at 0.4% Ni and 0.5% Cu from 99m in the central conductor and hole MNRC01 recording 3m @ 0.4% Ni and 0.3% Cu from 145m in the NW conductor.

Future Plans

Aldoro has collated all historic work relating to tenements E59/2238, E59/2258 and E59/2223 including a drill hole and surface sample database, high-resolution airborne magnetics, radiometrics and REPTEM and ground based gravity and MLEM surveys. A review of the historic data relating to the project is underway to develop an exploration strategy.