Ora Gold Limited (ASX: $OAU) has announced new high-grade gold intersections at the Crown Prince Prospect as part of the Garden Gully Gold Project. The recent assay results from RC drilling at the Southeastern Zone (SEZ) have delineated high-grade gold mineralisation at the eastern end of the ore body, extending well down dip from previously reported intersections. The company's CEO, Alex Passmore, expressed optimism about the potential for new high-grade zones to be discovered, particularly in the Southeastern Zone.
Alex Passmore, Ora Gold's CEO, commented, 'Drilling from the Southeastern Zone (SEZ) continues to show the potential for new high-grade zones to be discovered. This area of the resource has previously been modelled as modest grade and width. We look forward to incorporating these results, which show high grades down the profile with good continuity to depth, into an updated Crown Prince MRE, expected to be finalised in a few months from now.'
Ora Gold Limited (ASX: $OAU) has reported new high-grade gold intersections at the Crown Prince Prospect, demonstrating the potential for significant mineralisation at the Southeastern Zone. The company is focused on proving up development ready ounces at the advanced Crown Prince Prospect, which comprises the Southeastern and Main Zones as mineralised zones. The recent drilling results are expected to contribute to an updated resource estimate due for completion in the middle of the September quarter. Ora Gold's CEO, Alex Passmore, highlighted the company's commitment to incorporating the high-grade results into the updated Crown Prince MRE, indicating a positive outlook for the project's development and future resource estimates.