RE: Gold $3,400+. Grades here are exceptional. 1p+ SP target7 May 2025 06:41
Indian markets barely down and Asia markets al up.
Massive massive gold news due as the gold price soars to the moon
Highlights:
o Significant gold intercepts from drilling continue:
§ 10m @ 8.89 g/t Au from 46m (NZAC127)
§ inc. 1m @ 77.96 g/t Au from 54m
§ 7m @ 3.14 g/t Au from 47m (NZAC124)
§ inc. 1m @ 18.35 g/t Au from 50m
§ 5m @ 1.26 g/t Au from 46m (NZAC132)
§ inc. 2m @ 2.74 g/t Au from 49m
§ 12m @ 0.80 g/t Au from 32m (NZAC118)
§ 2m @ 11.97 g/t Au from 34m (NZAC123)
§ 1m @ 6.98 g/t Au from 50m (NZAC133)
o Majority of drillholes have intersected gold mineralisation, refer to Table 1
o 414 samples are awaiting assay from a further 11 vertical drill holes
o The results of recent drilling continue to validate and enlarge the shallow gold mineralisation associated with the Northern Zone porphyry
o The dynamic Leapfrog gold model for Northern Zone will be updated with these latest results and will inform and guide future drill campaigns
o Further follow-up drill planning is already underway
Naheed Memon, CEO of Oracle, commented:
"The Northern Zone keeps delivering great results, and everything is going to plan as the mineralised footprint of the Project's high-grade gold zone expands, within the large lower-grade porphyry host. Results continue to meet and exceed expectations, with a new high-grade zone emerging on the eastern margin of the Project. A further 11 drill holes are currently in the lab awaiting assay. We look forward to updating shareholders regarding Northern Zone Project as it progresses towards a maiden MRE and Mining Lease approval."
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