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Oracle Power to Resume Drilling at Northern Zone Gold Project

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Oracle Power to Resume Drilling at Northern Zone Gold Project

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Oracle Coalfields ( (GB:ORCP) ) has issued an update.

Oracle Power PLC is set to recommence its drilling operations in March 2025 at the Northern Zone Intrusive Hosted Gold Project near Kalgoorlie, Western Australia. The upcoming phase aims to extend previously identified high-grade gold intercepts, supporting the company’s efforts to expand the gold mineralised footprint. This development underscores Oracle’s commitment to advancing its project portfolio, especially as the Australian dollar gold price remains robust, enhancing the project’s potential value.

More about Oracle Coalfields

Oracle Power PLC is an international project developer operating primarily in the natural resources sector. The company focuses on gold exploration and development, with key projects located in regions like Western Australia.

YTD Price Performance: -15.00%

Average Trading Volume: 703,603,516

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.03M

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

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