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Auroch Minerals Ltd. ( (AU:OR3) ) just unveiled an announcement.
Ore Resources has reported the final results from its Phase 4 reverse circulation drilling at the Forrest prospect within the Miriam Gold Project, confirming continuity of oxide, transitional and fresh rock mineralisation. The latest assays extend the Forrest gold system a further 60 metres to the south and at depth, including notable intercepts such as 20 metres at 1.88 grams per tonne gold from 28 metres and 30 metres at 1.05 grams per tonne from 86 metres.
These results underpin a broader 30,000‑metre Phase 4 program aimed at materially advancing gold prospectivity across the Coolgardie Gold Project, with diamond core assays due in early May and regional aircore drilling about to start at multiple high‑priority targets. With A$10.7 million in cash, no debt and several exploration workstreams running in parallel, the company is positioned to test new targets, pursue potential resource growth at Forrest and expand its emerging footprint in the Western Australian Goldfields.
More about Auroch Minerals Ltd.
Ore Resources Ltd is an Australian gold exploration company focused on advancing its 100%-owned Coolgardie and Kal East Gold Projects in Western Australia’s Goldfields region. Its primary activities centre on reverse circulation, diamond and aircore drilling to delineate and expand multi-lode gold systems, particularly at the Miriam Gold Project’s Forrest prospect, supported by a strong cash position and no debt.
YTD Price Performance: 13.79%
Average Trading Volume: 1,096,287
Technical Sentiment Signal: Buy
Current Market Cap: A$54.36M
Learn more about OR3 stock on TipRanks’ Stock Analysis page.