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Pin to quick picksOracle Power Regulatory News (ORCP)

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0.05    0.00 (0.00%)
Bid:
0.045
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Spread: 0.01 (22.222%)
Market Cap: £7.86m
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Mining Lease Application Update

17 Feb 2026 07:00

RNS Number : 2342T
Oracle Power PLC
17 February 2026
 

17 February 2026

Oracle Power PLC

 ("Oracle" or the "Company")

 

Mining Lease Application Update - Kalgoorlie Gold Project

Northern Zone Gold Project

25km East of Kalgoorlie

 

Oracle Power PLC (AIM:ORCP), an international project developer, is pleased to announce that all objections to its application for a Mining Lease (M25/389) covering the Northern Zone gold project have been settled and the Company is now working with its lawyers to have the Mining Lease recommended for approval, and granted by Department of Mines, Petroleum and Exploration (DMPE) as soon as possible.

 

The Northern Zone Intrusive Hosted Gold Project, located within the Company's Kalgoorlie Gold Project just 25 km east of Kalgoorlie in Western Australia (refer to Figure 1 for location).

 

 

Naheed Memon, CEO of Oracle, commented:

"We finalised the native title agreements with the Marlinyu Ghoorlie Native Title Claimant Group over the Northern Zone Gold Project at the end of last year, and have now resolved remaining objections that clears the way for the grant of Mining Lease M25/389. We anticipate that the Mining Lease will be granted in the coming weeks, which will prove to be a major milestone for our Kalgoorlie Gold Project plans with MEGA Resources."

 

 

For further information on Oracle, visit the Company's website at http://www.oraclepower.co.uk or contact:

 

Oracle Power PLC

Naheed Memon - CEO +44 (0) 203 580 4314

 

Strand Hanson Limited (Nominated Adviser & Broker)

Rory Murphy, Matthew Chandler, Rob Patrick +44 (0) 20 7409 3494

 

St Brides Partners Limited (Financial PR)

Susie Geliher, Isabel De Salis +44 (0) 20 7236 1177

 

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

 

 

Figure 1: Location of Northern Zone Project showing proximity to the Kalgoorlie "Super Pit", Golden Mile/Fimiston.

 

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Date   Source Headline
28th Apr 20267:00 amRNSNorthern Zone: Geotechnical Drilling for MDCP
22nd Apr 20267:00 amRNSPreliminary Heritage Report: Northern Zone
15th Apr 20267:00 amRNSAssay results of up to 71 g/t Au at Northern Zone
25th Feb 20267:00 amRNSNorthern Zone Update
17th Feb 20267:00 amRNSMining Lease Application Update
2nd Feb 20267:00 amRNSKalgoorlie Gold Project - Drilling Results
19th Jan 20267:00 amRNSPositive Results: Kalgoorlie Drilling Programme
23rd Dec 20257:00 amRNSKalgoorlie Gold - Native Title Agreements Signed
23rd Dec 20257:00 amRNSKalgoorlie Gold - Native Title Agreements Signed
10th Dec 20257:00 amRNSNew Shallow Gold Zone: Northern Zone Gold Project
26th Nov 20257:00 amRNSGold Results Expand the Footprint at Northern Zone
18th Nov 20257:00 amRNSNext Drill Programme at Northern Zone Gold Project
21st Oct 20257:00 amRNSDrilling Underway at Northern Zone Gold Project
6th Oct 20257:00 amRNSGrade Control Drill Rig Booked for Northern Zone
2nd Oct 20257:00 amRNSExercise of Warrants
30th Sep 20257:00 amRNSNorthern Zone Gold Project Co-Operation Agreement
26th Sep 20251:39 pmRNSCompany Update
12th Sep 20257:00 amRNSInterim Results for the 6 months to 30 June 2025
21st Aug 20257:00 amRNSPlans Confirmed at Blue Rocks Copper Project
14th Aug 20257:00 amRNSPlacing to Raise £500,000
28th Jul 20257:00 amRNS-RNaheed Memon Joins National Hydrogen Working Group
18th Jul 20251:30 pmRNSResult of AGM
11th Jul 20257:00 amRNSQ2 2025 Overview and Shareholder Q&A
4th Jul 20257:00 amRNSCu Target Identified over 2km - Blue Rocks Project
23rd Jun 20257:00 amRNSFinal Results
20th May 20257:00 amRNSMetallurgical Results Confirm +90% Gold Recovery
15th May 202512:55 pmRNSNorthern Zone Gold Project Update
23rd Apr 20257:00 amRNSFurther Assay Results from Northern Zone Project
22nd Apr 20257:00 amRNSPlacing to Raise £318,600
16th Apr 20257:00 amRNSMoU for Green Hydrogen Project Renewed
15th Apr 20257:00 amRNSBlue Rock Geochemical Sampling Programme Completed
11th Apr 20257:00 amRNSNorthern Zone Gold Project Update
3rd Apr 20257:00 amRNSAssay Results from the Northern Zone Gold Project
31st Mar 20257:00 amRNSBlue Rocks Copper Project Update
20th Mar 20257:00 amRNSExtension Granted for LOI Validity Period
19th Mar 20257:00 amRNSAssay Results from Northern Zone Gold Project
27th Feb 202511:23 amRNS-RNorthern Zone Gold Project Update
18th Feb 20257:00 amRNSRiversgold Exercises 80% Option over Northern Zone
13th Feb 20257:00 amRNS2025 Drilling Campaign to Commence - Northern Zone
11th Feb 20257:00 amRNSNorthern Zone Gold Project Mining Lease Update
14th Jan 20257:00 amRNSQ4 2024 Overview and Shareholder Q&A
20th Dec 20247:00 amRNSAPEX Geoscience to Explore Blue Rocks Project
12th Dec 20242:47 pmRNSRepricing & Exercise of Warrants to Raise £416,667
10th Dec 20247:00 amRNSNorthern Zone Mining Lease Application Submitted
4th Dec 20247:00 amRNSNorthern Zone Gold Modelling and Project Update
3rd Dec 20243:20 pmRNSHolding(s) in Company
29th Nov 202410:35 amRNSHolding(s) in Company
28th Nov 20247:00 amRNSHolding(s) in Company
26th Nov 20247:00 amRNSNorthern Zone Project Drill Results
22nd Nov 20242:00 pmRNSHolding(s) in Company
12345678910

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