RNS successful first drill12 Oct 2021 10:55
Oracle Power PLC (AIM:ORCP, AQSE:ORCP), the international natural resources project developer, is pleased to announce that the first phase of Reverse Circulation (RC) drilling has been successfully completed at the Northern Zone Gold Project, located 25km east of Kalgoorlie in Western Australia ("Northern Zone" or the "Project").
Highlights:
· First phase Reverse Circulation (RC) drilling has been completed
· Drillholes up to 260 metres deep mainly targeting gold mineralisation within a series of stacked porphyry intrusions
· 1,161 samples have been dispatched to ALS Global
Naheed Memon, CEO of Oracle, commented:
"I am pleased to report the successful conclusion of our maiden drill programme at Northern Zone. The geophysical analysis completed earlier in 2021 points to an extremely exciting new gold zone and I Iook forward to sharing the results of the drilling once received from the laboratory."
GLA