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Ore Resources Extends Gold Mineralisation at Forrest with Strong Phase 3 Assays

Story Highlights
  • Ore Resources’ Phase 3 drilling at Miriam’s Forrest prospect extended and discovered multiple gold lodes.
  • Results confirm an open, growing multi-lode gold system as Ore funds further drilling in 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ore Resources Extends Gold Mineralisation at Forrest with Strong Phase 3 Assays

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Auroch Minerals Ltd. ( (AU:OR3) ) has shared an announcement.

Ore Resources has reported assay results from its Phase 3 reverse circulation drilling at the Forrest prospect within the Miriam Project, confirming multiple extensions to existing fresh rock gold lodes and identifying several new lodes at depth. The program, comprising 16 holes over about 3,000 metres, delivered standout intercepts such as 20m at 2.27 g/t gold and 25m at 3.01 g/t gold in both fresh rock and oxide zones, extended the strike of the Forrest system by roughly 100 metres, and showed mineralisation remains open along strike and at depth. With drilling to recommence in February 2026 via a 3,000m Phase 4 program and additional aircore drilling and regional soil sampling planned for later in the year, the company is seeking to build scale at its Coolgardie Gold Project while leveraging a reported pro-forma cash balance of about A$10.69 million to fund its exploration programs, underscoring growing confidence in Forrest as an emerging multi-lode gold system.

The most recent analyst rating on (AU:OR3) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Auroch Minerals Ltd. stock, see the AU:OR3 Stock Forecast page.

More about Auroch Minerals Ltd.

Ore Resources Ltd (ASX: OR3) is a Western Australia-focused gold exploration company with 100%-owned projects in the W.A. Goldfields, including the Miriam, Coolgardie and Randalls projects. The company is primarily engaged in identifying and expanding gold mineralisation, targeting both shallow oxide and deeper fresh rock lodes across its tenements to build a pipeline of potential development assets.

YTD Price Performance: 6.90%

Average Trading Volume: 1,915,395

Technical Sentiment Signal: Hold

Current Market Cap: A$49.53M

For a thorough assessment of OR3 stock, go to TipRanks’ Stock Analysis page.

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