Oracle Power Uncovers High-Grade Gold at Northern Zone, Boosting Exploration Potential

 

Oracle Power PLC (LSE:ORCP) has reported encouraging assay results from its latest drilling campaign at the Northern Zone Project in Western Australia. Among the highlights is a standout gold intercept grading 77.96 grams per tonne (g/t), confirming the presence of substantial high-grade mineralization in the area.

These findings support the company’s objective to expand the project’s high-grade gold corridor and pave the way for further development. With additional assay results pending and more drilling activity planned, Oracle is steadily moving toward a maiden Mineral Resource Estimate. The company is also aiming to secure a Mining Lease—an important milestone that would mark a significant step forward in its efforts to establish a long-term presence in the gold sector.

This latest progress aligns with Oracle’s strategic push to strengthen its position in the global mining space through targeted exploration and development.

Company Profile: Oracle Power PLC

Oracle Power is a UK-based international project developer focused on resource exploration, particularly within the gold sector. Its flagship initiative, the Northern Zone Intrusive Hosted Gold Project in Western Australia, is central to its expansion strategy. The company’s broader goal is to become a notable player in the precious metals industry through strategic asset development and exploration success.

Key Performance Indicators:

• Year-to-Date Share Price Gain: +15.00%

• Average Daily Trading Volume: 298.8 million shares

• Market Capitalization: £2.41 million

• Technical Sentiment: Buy

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