Based on field data from a Mount Sopris model 2PGA-1000 down-hole gamma logger, the company also identified radioactivity in both subsequent drill tests – ALN14-009 and ALN14-010.

In May, Aldrin said the logger identified nine zones between 176.6m and 246.2m depth spanning in total 14.6m with values above 300 counts per second (CPS) over 0.3m.

The count zones reached value of 1380 CPS at 176.6m to 183.2m and 1850 CPS from 243.1m to 246.2m.

Since then, the ALN14-008 hole continued drilling to a depth of 416m and intersected an additional five zones with values above 300 CPS between 256.1m and 293m depth.

At 325.5m depth, there were six new peaks with values over 500 CPS and reaching up to 800 CPS.

Drill holes ALN14-009 and ALN14-010 were drilled to total depths of 293m and 284m, respectively.

The ALN14-009 intersected two peaks over 500 CPS as well as three others from 390 to 475 CPS with maximum of 745 CPS, while the ALN14-010 encountered three peaks greater than 500 CPS and other reaching 380 CPS.

Aldrin director and CEO Johnathan More said: "I anticipate even more remarkable results when we return to drilling immediately following our high-resolution surface geophysics and geochemistry."

The company considers intervals >0.3m thick and with more than 300 CPS to be significant radioactive mineralization.