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The latest update is out from Oracle Coalfields ( (GB:ORCP) ).
Oracle Power PLC has announced the commencement of its 2025 drilling season at the Northern Zone Gold Project in Western Australia. The project, in partnership with Riversgold Limited, will involve a 1,280m Reverse Circulation (RC) drilling program to explore deeper mineralization and a 2,000m Aircore drilling to investigate shallower deposits. The company has also submitted a mining lease application to convert the Northern Zone into a Mining Lease, indicating a strategic move to advance its mining operations.
More about Oracle Coalfields
Oracle Power PLC is an international project developer focused on the mining industry. The company is involved in the development of gold projects, with a particular emphasis on the Northern Zone Gold Project located near Kalgoorlie in Western Australia.
YTD Price Performance: -25.00%
Average Trading Volume: 555,500,417
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.54M
Learn more about ORCP stock on TipRanks’ Stock Analysis page.