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An announcement from Oracle Coalfields ( (GB:ORCP) ) is now available.
Oracle Power PLC has announced promising assay results from its recent drilling program at the Northern Zone Project in Western Australia, with a notable high-grade intercept of 77.96 g/t Au. The results validate the presence of significant gold mineralization and support the expansion of the project’s high-grade gold zone. With further samples awaiting assay and follow-up drilling planned, Oracle Power is progressing towards a maiden Mineral Resource Estimate and potential Mining Lease approval, which could enhance its position in the gold mining industry.
More about Oracle Coalfields
Oracle Power PLC is an international project developer primarily focused on the mining industry, with a particular emphasis on gold exploration and development projects. The company is actively engaged in the Northern Zone Intrusive Hosted Gold Project located in Western Australia, aiming to expand its footprint in the gold mining sector.
YTD Price Performance: 15.00%
Average Trading Volume: 298,806,174
Technical Sentiment Signal: Buy
Current Market Cap: £2.41M
For an in-depth examination of ORCP stock, go to TipRanks’ Stock Analysis page.