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Oracle Coalfields ( (GB:ORCP) ) has shared an announcement.
Oracle Power PLC has updated its stakeholders on the progress of its Mining Lease application for the Northern Zone Gold Project in Australia. The Department of Energy, Mines, Industry Regulation and Safety has set the Section 29 notification period to end on 29 May 2025, which is a step towards converting the project from a Prospecting Licence to a Mining Lease. This transition is expected to advance the project and establish a mineral resource estimate, indicating a significant milestone for Oracle’s operations.
More about Oracle Coalfields
Oracle Power PLC is an international project developer in the mining industry, focusing on projects like the Northern Zone Intrusive Hosted Gold Project in Australia.
YTD Price Performance: -29.17%
Average Trading Volume: 678,927,203
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.79M
For a thorough assessment of ORCP stock, go to TipRanks’ Stock Analysis page.
