NEW FINDS AT CROWN PRINCE

Ora Gold Reveals Promising Drill Results

Ora Gold Limited (ASX: OAU) recently shared new assay results from its reverse circulation drilling at the southeastern zone (SEZ) of the Crown Prince Prospect within the Garden Gully Gold Project. These results highlight significant extensions and high-grade gold mineralisation that delve deeper and eastward from previously known intersections.

The standout intercepts from the latest drilling include some remarkable gold grades:

  • 6 metres at 28.8 grams per tonne (g/t) of gold from 163 metres depth, including an impressive 2 metres at 76.62 g/t from 164 metres, part of a broader 6-metre zone averaging 1.78 g/t from 124 metres in drill hole OGGR710.
  • 10 metres at 1.91 g/t gold from 208 metres depth in OGGR709.
  • 4 metres at 2.08 g/t gold from 263 metres depth in OGGR704.

These follow up on other high-grade results noted in the company’s March 2024 quarterly report, such as:

  • 13 metres at 5.03 g/t gold from 72 metres and 22 metres at 5.07 g/t gold from 88 metres in OGGR682.

The company underscores the potential for extending the high-grade zone at SEZ by more than 100 metres down dip, which remains open at depth, indicating more gold may still be found.

Alex Passmore, CEO of Ora Gold, commented on the exploration success:

Drilling from the Southeastern Zone (SEZ) continues to show the potential for new high-grade zones to be discovered. This area of the resource has previously been modelled as modest grade and width. We look forward to incorporating these results which show high grades down the profile with good continuity to depth into an updated Crown Prince MRE, which is expected to be finalised in a few months from now.

Read the full announcement

Goldman

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