Drilling Underway at Northern Zone Gold Project
Summary by AI BETAClose X
21 October 2025
Oracle Power PLC
("Oracle" or the "Company")
Grade Control Drilling Underway at Northern Zone Gold Project
Oracle Power PLC (AIM: ORCP), an international project developer, is pleased to announce re-commencement of drilling operations at its Northern Zone gold project, with the initial phase of grade control drilling already underway (refer to Figure 1). The programme aims to expand the overall mineralised footprint, with initial drilling to target the shallower area between the western and eastern mineralised zones.
Highlights
· Drilling with a grade control rig has commenced at the Northern Zone Kalgoorlie Gold Project
· Drilling will focus on the shallow (30m-60m deep) undrilled areas between the western and eastern gold mineralised zones as previously reported
Naheed Memon, CEO of Oracle, commented:
"Significant gold intercepts from 30 to 60 metres within the flat laying mineralisation of the oxide zone, above the fresh rock porphyry, have increased the footprint with every drill campaign. The grade control rig is the next step in the evolution of this project and will expand on the target for mineable material (see RNS dated 30 September 2025). We aim to continue expanding the potential gold mineralised footprint of the porphyry system that is located just 25km east of Kalgoorlie, Western Australia, with additional drilling. This 2-week drill programme is the first of two planned programmes leading up to Christmas with another programme scheduled for mid-November. Results from this first programme are expected to start coming through in early November. The Australian dollar gold price has recently passed $6,500/ounce, which bodes extremely well for the prospects of this gold project, which we are seeking to progress rapidly."
**ENDS**
For further information on Oracle, visit the Company's website at http://www.oraclepower.co.uk or contact:
Oracle Power PLC
Naheed Memon - CEO +44 (0) 203 580 4314
Strand Hanson Limited (Nominated Adviser & Broker)
Rory Murphy, Matthew Chandler, Rob Patrick +44 (0) 20 7409 3494
St Brides Partners Limited (Financial PR)
Will Turner, Isabel de Salis oracle@stbridespartners.co.uk
Figure 1: Grade control rig drilling at the Northern Zone Kalgoorlie Gold Project. Picture taken 20/10/2025.
Figure 2: Location of Northern Zone Gold Project in relation to the Kalgoorlie "Super Pit".
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