Oracle Coalfields (GB:ORCP) has released an update.
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Oracle Power PLC has initiated air core drilling at its Northern Zone Gold Project near Kalgoorlie, Western Australia, to explore for supergene gold, with expectations of a second drill rig to join soon. The project targets a significant gold exploration area around a known large porphyry gold system. CEO Naheed Memon expresses optimism for the drilling results, which aims to build on previous findings of extensive gold mineralization.
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