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Oracle Coalfields ( (GB:ORCP) ) has shared an announcement.
Oracle Power PLC has reported the final assay results from its 2025 drilling programme at the Northern Zone within its Kalgoorlie Gold Project, confirming further shallow gold mineralisation across 16 additional drillholes and expanding both the northeastern zone and the previously undrilled central Saddle area. The results, which include several high-grade intercepts and support a model of a potentially ~600-metre-wide shallow oxide zone overlying the Northern Zone porphyry, are being incorporated into mine planning with MEGA Resources ahead of a targeted start to mining in the first half of 2026; alongside this, conversion of the tenement to a mining lease is progressing following Native Title agreement signings, environmental and mine development planning is under way, and a rig has been secured to commence the 2026 drilling campaign on 10 February to continue enlarging the project’s shallow gold footprint.
The most recent analyst rating on (GB:ORCP) stock is a Hold with a £0.06 price target. To see the full list of analyst forecasts on Oracle Coalfields stock, see the GB:ORCP Stock Forecast page.
Spark’s Take on GB:ORCP Stock
According to Spark, TipRanks’ AI Analyst, GB:ORCP is a Neutral.
The score is held down primarily by the lack of revenue, continued losses, and negative cash flow implying ongoing reliance on external funding. Technicals provide some support via a strong uptrend, but overbought momentum (high RSI) and high volatility increase pullback risk; valuation is constrained by negative earnings and no dividend data.
To see Spark’s full report on GB:ORCP stock, click here.
More about Oracle Coalfields
Oracle Power PLC is an international project developer focused on natural resources, with a particular emphasis on gold exploration and development in Western Australia. The company’s flagship Kalgoorlie Gold Project, located near the major Kalgoorlie mining hub, targets shallow, oxide gold mineralisation within the Northern Zone intrusive-hosted gold system, where it is advancing towards mining in partnership with MEGA Resources.
Average Trading Volume: 314,008,484
Technical Sentiment Signal: Buy
Current Market Cap: £9.83M
For detailed information about ORCP stock, go to TipRanks’ Stock Analysis page.