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Oracle Coalfields ( (GB:ORCP) ) just unveiled an announcement.
Oracle Power PLC has announced the booking of a grade control drill rig from Australian Surface Drilling for its Northern Zone Gold Project, located near Kalgoorlie, Western Australia. This drilling program, set to commence in three weeks, aims to expand the mineralised footprint by targeting shallower gold mineralisation between previously identified west and east mineralisation zones. This development is part of Oracle’s ongoing collaboration with MEGA Resources, highlighting the company’s strategic efforts to advance its gold production plans.
More about Oracle Coalfields
Oracle Power PLC is an international project developer focusing on expanding its footprint in the gold mining industry. The company is involved in projects aimed at increasing gold production, with a particular focus on the Northern Zone Intrusive Hosted Gold Project located in Western Australia.
Average Trading Volume: 1,150,906,885
Technical Sentiment Signal: Buy
Current Market Cap: £8.98M
Find detailed analytics on ORCP stock on TipRanks’ Stock Analysis page.