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The latest update is out from Oracle Coalfields ( (GB:ORCP) ).
Oracle Power PLC has announced promising assay results from its ongoing drilling program at the Northern Zone Gold Project in Western Australia. The results from the first six drillholes indicate a significant expansion of the gold mineralisation footprint, with further results expected soon. The company is progressing with a new 40-hole drilling campaign, aiming to enhance the project’s resource base and support future mining operations. These developments are crucial for Oracle’s strategic plans to commence mining operations in 2026, potentially strengthening its position in the gold mining sector and offering positive implications for stakeholders.
More about Oracle Coalfields
Oracle Power PLC is an international project developer primarily focused on mining and energy projects. The company is involved in the exploration and development of gold resources, with a particular focus on the Northern Zone Gold Project located near Kalgoorlie, Western Australia.
Average Trading Volume: 1,182,603,627
Technical Sentiment Signal: Hold
Current Market Cap: £5.5M
See more insights into ORCP stock on TipRanks’ Stock Analysis page.