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Share Price: 0.016

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Change: 0.0007 (4.24%)

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Open: 0.0165

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IN BRIEF: Oracle Power touts high-grade gold at Northern Zone project

Tue, 26th Nov 2024 18:57

Oracle Power PLC - Australia and Pakistan-focused projects developer - Reports "significant" high grade gold intercepts from drilling at its Northern Zone intrusive hosted gold project in Australia, following farm-in partner Riversgold Ltd's fourth aircore programme. It expects a mineralisation report by the end of November, and intends to submit a mining lease application shortly afterwards.

Chief Executive Officer Naheed Memon says: "The Northern Zone project continues to indicate significant gold intercepts and grow the footprint, and is demonstrating high grades at relatively shallow depths over good widths within the overall 600km wide porphyry."

Current stock price: 0.030 pence

12-month change: down 25%

By Emily Parsons, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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Oracle Power PLC - energy projects developer - Says that its farm-in-partner, Riversgold Ltd, has commenced air core drilling at its Northern Zone gold project, which is 25-kilometres east of Kalgoorlie in Western Australia. The drilling, Oracle explains, is designed to test for supergrene gold. Further, it expects the arrival of a second drill rig in the imminent future.

17 May 2024 17:39

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Oracle Power Share News (ORCP)

Share Price Information for Oracle Power (ORCP)

IN BRIEF: Oracle Power touts high-grade gold at Northern Zone project

TRADING UPDATES: Pennpetro strikes Texas deal; Nanoco's new facility

IN BRIEF: Oracle Power announces copper findings at Australian project

EARNINGS AND TRADING: Seeing Machines agrees new deal with Caterpillar

EARNINGS AND TRADING: Zambeef names new Chair

EARNINGS AND TRADING: Chariot loss narrows; Destiny Pharma approval

AIM WINNERS & LOSERS: Oracle rises on drilling at gold project

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IN BRIEF: Oracle Power touts high-grade gold at Northern Zone project

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