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Assay results of up to 71 g/t Au at Northern Zone
Oracle Power PLC has announced impressive assay results from 31 drillholes at its Northern Zone Gold Project in Western Australia, with individual metre assay results reaching up to 71 g/t gold. Significant intercepts include 15m at 5.62 g/t Au from 48m and 8m at 9.90 g/t Au from 48m, indicating strong shallow gold mineralisation. The company is advancing towards a Mining Lease conversion for the project, with heritage clearance surveys completed and a Right to Mine and Co-Operation Agreement in place with MEGA Resources Pty Ltd, who will fund development on a 50/50 profit share basis. Disclaimer*
About this update from Oracle Power Plc
[{"type":"text","content":"\n\n15 April 2026\nOracle Power PLC\n (\"Oracle\" or the \"Company\")\n \nImpressive Northern Zone Gold Project Drilling Results Continue\nAssay results of up to 71 g/t gold\n \nOracle Power PLC (AIM: ORCP), an international project developer, is pleased to announce assay results from a further 31 drillholes at the Northern Zone Intrusive Hosted Gold Project (\"Northern Zone\" or the \"Project\"), located just 25km east of Kalgoorlie in Western Australia (refer to Figure 1 for location). These results represent all the assays from the first drilling campaign of 2026.\n \nHighlights:\n· Riversgold Limited (\"Riversgold\") (ASX: RGL) continues to intersect shallow gold mineralisation as we seek to expand the gold footprint of Northern Zone.\n· These latest results represent some of the best intercepts for grade and width drilled at the Project so far from an individual drilling campaign.\n· Selected significant results from this latest drilling campaign include:\n \n\n\n\n\n· 15m at 5.62 g/t Au from 48m (NZAC214)\n\n\n· 10m at 1.15 g/t Au from 45m (NZAC207)\n\n\n\n\n· 8m at 9.90 g/t Au from 48m (NZAC216)\n\n\n· 4m at 3.46 g/t Au from 48m (NZAC211)\n\n\n\n\n· 8m at 4.64 g/t Au from 48m (NZAC213)\n\n\n· 3m at 5.90 g/t Au from 48m (NZAC219)\n\n\n\n\n· 6m at 4.05 g/t Au from 46m (NZAC212)\n\n\n· 3m at 3.78 g/t Au from 69m (GEO004)\n\n\n\n\n· 10m at 3.81 g/t Au from 30m (GEO004)\n\n\n· 2m at 4.19 g/t Au from 49m (NZAC221)\n\n\n\n\n \n· As previously announced, conversion of the Northern Zone's tenement to a Mining Lease is well advanced and is expected to occur in the coming weeks.\n· The necessary heritage clearance surveys over the Project area have recently been completed.\n· Riversgold has previously signed a Right to Mine and Co-Operation Agreement with MEGA Resources Pty Ltd (\"MEGA\") in respect of Northern Zone.\n· MEGA will provide all development and mining funding for Northern Zone on a 50/50 profit share basis.\n \nNaheed Memon, CEO of Oracle, commented:\n\"These latest results evidence some of the best intercepts for grade and width that have been drilled at the Northern Zone project so far. This last set of drill holes were designed to start testing the shallow 's...