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Ordell Minerals Ltd ( (AU:ORD) ) has shared an announcement.
Ordell Minerals has reported significant new assay results from in-fill reverse circulation drilling at the McNabs East prospect within its Barimaia Gold Project, highlighting shallow, high-grade gold intercepts including a bonanza-grade hit of 2m at 92.20g/t gold from 60m. The drilling confirms a robust zone of near-surface mineralisation starting about 10m below surface, which remains open along strike and at depth, while recent diamond drilling has also extended gold mineralisation down-dip. With further assay results pending and both RC and diamond drilling scheduled to resume in February targeting extensions and new discoveries along the +7km granodiorite corridor, the program underscores Barimaia’s potential to host a sizeable open-pittable gold resource and could materially enhance Ordell’s growth prospects in the Murchison goldfield.
More about Ordell Minerals Ltd
Ordell Minerals Limited (ASX: ORD) is an Australian gold exploration company focused on its flagship Barimaia Gold Project near Mount Magnet in the Murchison region of Western Australia. The company is targeting shallow, potentially open-pittable gold mineralisation within a +7km strike length of prospective granodiorite intrusions, with current work centring on the McNabs East prospect.
Average Trading Volume: 250,572
Technical Sentiment Signal: Buy
Current Market Cap: A$44.81M
Learn more about ORD stock on TipRanks’ Stock Analysis page.