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Orange Minerals (ASX: $OMX) announces gold intersected in Phase 1 drill programme

Overview of Orange Minerals NL's Phase 1 RC drill programme results


Orange Minerals NL (ASX: $OMX) has reported the receipt of significant gold assay results from the Phase 1 RC drill programme at the Eastern Gold Fields Project in Western Australia. The programme involved six drill holes totaling 1,024 meters, with gold being intersected in all RC drill holes. Notable results include 1m@ 0.56 g/t Au from 60m in OKRCD001, 2m @ 1.04 g/t Au from 162m in OKRCD002, and 1m @ 0.56 g/t Au from 179m, among others.

Executive commentary on the Phase 1 RC drill programme results


The Company is pleased to announce the receipt of assay results from the Phase 1 RC drill programme at the Eastern Gold Fields Project. The significant gold assay results demonstrate the potential of the project, and we are encouraged by the intersected gold in all RC drill holes. The findings provide a strong foundation for further exploration and development of the Eastern Gold Fields Project.

Summary of Orange Minerals NL's Phase 1 RC drill programme results and future plans


Orange Minerals NL (ASX: $OMX) has received significant gold assay results from the Phase 1 RC drill programme at the Eastern Gold Fields Project, indicating the presence of gold in all RC drill holes. The Company plans to follow up on this initial drill program to continue testing for near-surface supergene gold mineralization and higher grades down dip of the main structure at Kurnalpi. Additionally, further drilling is planned at Burton Dam to explore along strike to the SE of current drilling. The Company remains focused on aggressive exploration programs at its key properties in the Lachlan Fold Belt of NSW and Eastern Gold Fields of WA.

ORANGE MINERALS NL
OMX | ASX | Materials
0.0290(+0%)
At close 05/07 (AEDT)
Market cap
$2.5M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.053
1YR Return
N / A

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