Plans Confirmed at Blue Rocks Copper Project
Summary by AI BETAClose X
21 August 2025
Oracle Power PLC
("Oracle" or the "Company")
Exploration Plans Confirmed at Blue Rocks Copper Project, Australia
Geochemical sampling to be expanded and Mobile MT survey quote requested
Oracle Power PLC (AIM: ORCP), an international project developer, is pleased to announce that it will proceed with its exploration plan at the Blue Rock Valley Copper and Silver Project ("Blue Rocks" or the "Project") as detailed below. This follows the positive results from the maiden geochemical sampling programme announced on 4 July 2025. The programme highlighted number of strong anomalies across the Project over a strike of ~2km, which remains open. The Project is located in the Ashburton Basin, in the northwest region of Western Australia (Refer to Figure 1 below for location).
Highlights:
o Geochemical sampling to be expanded to the northwest of outcropping copper mineralisation and the anomalies identified by the successful maiden geochemical sampling programme.
o The geochemical responses to the northwest appear stronger and occur through colluvial cover.
o A quote for Mobile MT geophysical survey has been requested to test Blue Rocks for structurally hosted copper and gold.
Recent successes by companies utilising Expert Geophysics Limited's Mobile MT system for copper and gold exploration - for structurally hosted deposits- has delineated mineralised fluid pathways and successful discoveries. The Company views this as applicable to the Project and has therefore has requested a quote for a Mobile MT survey.
The Company will also expand the geochemical sampling programme to infill and test further northwest of the maiden programme (as considered in the Company's announcement on 4 July 2025). This approach is expected to refine drill targets ahead of future exploration phases (Refer Figures 2, 3 and 4, with gravity, magnetics and air photo as basemap).
Naheed Memon, CEO of Oracle, commented:
"It is great to formulate a solid exploration plan to follow up on the maiden geochemical sampling programme at Blue Rocks, where anomalies related well to known mineralisation, with new zones identified to the northwest. The northwest will be focused on with planned infill and extension geochemical sampling programme. To cover the trend, a quote for Mobile MT, an airborne geophysical technique, has been requested and this may be successful at delineating fluid pathways associated with high-grade copper mineralisation. I look forward to updating shareholders in due course as we continue work advancing this project."
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)
Susie Geliher, Isabel De Salis +44 (0) 20 7236 1177
Figure 1: Blue Rock Valley project location and access
Figure 2: Geochemical results on 1VD Bouguer Gravity, with proposed Mobile MT (AMT) boundary.
Figure 3: Geochemical results for Blue Rock Valley on Reverse to Pole (RTP) magnetics, with proposed Mobile MT (AMT) boundary.
Figure 4: Geochemical results over air photo, with proposed Mobile MT (AMT) boundary.
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