Oracle Power PLC announces positive drill results from its Northern Zone Gold Project in Western Australia. The company, in collaboration with potential JV partner Riversgold Limited, has completed an aircore drilling program, with the first batch of assay results showing significant gold mineralization. The results confirm the presence of a high-grade zone in the eastern extensional area and extend the anomalous gold mineralization in the north-eastern areas, validating the broader geological model. The company plans to further understand the project before proceeding with a Mineral Resource Estimate. The Northern Zone Project is a prospective gold exploration area with encouraging drill results, indicating the potential for future gold mining development.
| Hole ID | From (m) | To (m) | Width (m) | Au g/t | Intercept |
|---|---|---|---|---|---|
| NZAC107 | 48 | 55 | 7 | 4.07 | 7m @ 4.07 g/t Au from 48m, NZAC107 |
| including | 48 | 52 | 4 | 6.72 | Including 4m @ 6.72 g/t Au from 48m |
| NZAC108 | 48 | 56 | 8 | 2.07 | 8m @ 2.07 g/t Au from 48m, NZAC108 |
| including | 51 | 55 | 4 | 8.72 | Including 4m @ 3.46 g/t Au from 51m |
| NZAC113 | 49 | 53 | 4 | 7.47 | 4m @ 7.47 g/t Au from 49m, NZAC113 |
| including | 51 | 53 | 2 | 12.36 | including 2m @ 12.36 g/t Au from 51m |
| NZAC112 | 48 | 49 | 1 | 1.84 | 1m @ 1.84 g/t Au from 48m, NZAC112 |
| NZAC094 | 42 | 44 | 2 | 1.06 | 2m @ 1.06 g/t Au from 42m, NZAC094 |
| NZAC094 | 64 | 65 | 1 | 2.58 | 1m @ 2.58 g/t Au from 64m, NZAC094 |
| NZAC095 | 41 | 48 | 7 | 1.16 | 7m @ 1.16 g/t Au from 41m to EOH, NZAC095 |
| including | 41 | 42 | 1 | 4.13 | including 1m @ 4.13 g/t Au from 41m |
| including | 41 | 45 | 4 | 1.5 | including 4m @ 1.5 g/t Au from 41m |