Oracle Power commences geochemical sampling programme at Jundee East gold project


Oracle Power PLC (LON:ORCP)(AQSE:ORCP) has commenced geochemical sampling at its 100%-owned Jundee East gold project in Australia.

The sampling will cover virtually the whole tenement, and will expand on the maiden geochemical sampling programme which returned highly positive results in June.

“Jundee East delivered highly compelling results from the maiden geochemical sampling programme and we are confident that this expanded programme will provide the company with a much more comprehensive insight into the mineralised footprint of this significant tenement area which covers an area of approximately 90km2 in one of the most productive gold regions globally,” said Naheed Memon, chief executive of Oracle.

“The sampling is expected to take 10 days, with assay expected four to six weeks after this. Jundee East represents an exceptionally exciting prospect for Oracle and this soil sampling programme will continue to lay the foundations for a maiden drill programme later this year.”


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