Ora Gold Limited reports successful metallurgical test work at Crown Prince prospect

Ora Gold Limited (ASX: $OAU) has announced positive results from metallurgical test work at its flagship Crown Prince Prospect located within the Garden Gully Gold Project in Murchison Goldfield, WA. The test work revealed high overall gold recovery rates ranging from 98.2% to 99.8% with gravity recovery ranging from 66.6% to 90.5%. The company also demonstrated that gold can be recovered at relatively low cyanide levels, reducing tailing management costs and processing costs.

Executive commentary on metallurgical test work results

We are very pleased to report the strong metallurgical performance seen in advance test work from the Crown Prince mineralisation. The results outlined in this release demonstrate that the Crown Prince mineralisation will perform very well in a standard CIL gold processing scenario. The Company is currently drilling along strike and down dip from known mineralisation at Crown Prince to grow the resource which we announced in February 2024. In parallel, we are also committed to de-risking the project via building the understanding of the technical parameters required to appropriately evaluate a prospective production scenario. We look forward to updating the market on further exploration results and the progress of technical work as results come to hand.

Summary of metallurgical test work and future outlook

Ora Gold Limited's successful metallurgical test work at the Crown Prince Prospect has demonstrated high gold recovery rates and the potential for reduced cyanide concentration, which could lead to cost savings in tailing management and processing. The company is focused on further exploration and de-risking the project to evaluate a prospective production scenario. Ora Gold's ambitions include undertaking RC and SRC drilling at the Crown Prince Prospect with the aim of expanding the known mineralisation. The company's commitment to technical work and exploration results indicates a positive outlook for the future of the Garden Gully Gold Project.