tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ore Resources Maps Nine New Gold Targets at Randalls North

Story Highlights
  • Ore Resources defined nine structural gold targets and five soil anomalies at Randalls North after reviewing magnetic and geochemical data.
  • Suboptimally tested NE-SW faults and strong funding underpin plans to prioritise Randalls North targets in Ore’s 2026 exploration program.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ore Resources Maps Nine New Gold Targets at Randalls North

Claim 70% Off TipRanks Premium

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

Ore Resources has identified nine new broad litho-structural gold targets and five zones of gold-in-soil anomalism across the northern tenements of its Randalls Gold Project, particularly at the Lone Pine Dam, Venetian and Campese prospects, following a detailed review of reprocessed aeromagnetic data and surface geochemistry. The work suggests that previous drilling was not optimally oriented to test key NE-SW structures, indicating potential for improved results with better targeted drilling, and positions Randalls North as comparable in prospectivity to Randalls South; with option agreements in place over the project, ongoing Native Title negotiations, initial environmental surveys scheduled and a pro-forma cash balance of about A$10.69m, Ore Resources plans to prioritise these new targets within its 2026 exploration program alongside its primary focus on the Coolgardie projects, where further drilling is also planned.

The most recent analyst rating on (AU:OR3) stock is a Hold with a A$0.06 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 is an Australian gold exploration company focused on advancing its Coolgardie and Randalls Gold Projects in the Western Australian Goldfields. The company is currently conducting due diligence and systematic exploration, including drilling, geophysics and geochemical surveys, across large tenement holdings to define and expand gold mineralisation, supported by a strong cash position to fund its 2026 exploration programs.

YTD Price Performance: 5.17%

Average Trading Volume: 1,929,123

Technical Sentiment Signal: Hold

Current Market Cap: A$48.73M

For an in-depth examination of OR3 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1