Aldoro Resources Ltd. has updated the mineral resource estimate for its Kameelburg project in Namibia, with results confirming the project as the world’s largest strontium resource.
The results follow the delivery of the first five Phase 2 drill holes, which have triggered an 80-million-tonne uplift in the project’s total resource. The updated inferred mineral resource now stands at 597 million tonnes at 2.49 per cent total rare earth oxide (TREO) equivalent.
Aldoro has declared a maiden strontium by-product resource of 596 million tonnes at 2.17 per cent strontium. This establishes Kameelburg as a globally important asset, providing a massive source of a mineral critical for ferrite magnets, specialty glass, and high-tech defence applications.
Aldoro Chairwoman Quinn Li described the update as a transformational step-change for the project.
“Not only has the total resource tonnage continued to grow, but the high-grade core has more than doubled in scale,” Li said.
“Importantly, we have now formally declared a maiden strontium resource and by-product credit, positioning Kameelburg as the largest known strontium resource globally.
“This is a major milestone for Aldoro and further highlights the unique strategic value of the project.”
The economic outlook for the project is further supported by exceptional metallurgical results. Recent leach tests achieved a 98.96 per cent strontium extraction rate at ambient temperatures, meaning no expensive high-pressure or high-temperature processing is required.
This efficiency allows strontium to serve as a high-margin by-product alongside primary rare earth and niobium streams.
Kameelburg’s value is further enhanced by its Tier 1 location. The site sits within 300 metres of a bitumen highway and just two kilometres from heavy-haul freight rail, providing a direct 355-kilometre link to the deep-water Port of Walvis Bay.
With the resource remaining open at depth and along strike in all directions, Aldoro expects further growth as Phase 2 drilling continues.
A final consolidated MRE for the project is slated for release in June.