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Exploration to start at Blue Rock Valley Project
Exploration to start at Blue Rock Valley Project.
About this update from Oracle Power Plc
[{"type":"text","content":"\n\n19 June 2024\nOracle Power PLC\n(\"Oracle\" or the \"Company\")\nExploration to start at Blue Rock Valley Copper and Silver Project\nNorthwest Region of Western Australia\n \nOracle Power PLC (AIM:ORCP), an international project developer, is pleased to announce that company geologists will be on site, this week, at the Blue Rock Valley Copper and Silver Project (the \"Project\"), located in the Ashburton Basin in the northwest region of Western Australia.\n \nHighlights:\no Company Geologists will be on site this week to:\no Assess the benefits of a geochemical sampling programme\no Assess the benefits of a ground gravity geophysical programme\no Field truth an Electromagnetic (EM) anomaly near prior work that is undrilled and untested, and sits in a syncline of sedimentary rocks that are potentially ideal for base metals (copper, lead, zinc) and silver to be deposited.\no Assays from historical drilling and rock chip sampling suggests the presence of high-grade copper and silver mineralisation as well as the potential for uranium.\no Significant historical rock chip samples collected in the vicinity of the Project area by Jackson Minerals Limited (\"Jackson\") between 2007 and 2010 (WAMEX Report A079571) comprise:\n \n\n\n\n\n- BRR011: 49.9% Cu, 4.93g/t Ag\n\n\n- J45413: 10.7% Cu\n\n\n\n\n- BRR012: 37.6% Cu, 6.69g/t Ag\n\n\n- J45438: 9.09% Cu, 20.5g/t Ag\n\n\n\n\n- BRR013: 16.05% Cu, 4.34g/t Ag\n\n\n- J45441: 7.89% Cu\n\n\n\n\n- BRR014: 14.85% Cu, 2.82g/t Ag\n\n\n- J45436: 6.6% Cu\n\n\n\n\n- BRR015: 11.75% Cu, 2.37g/t Ag\n\n\n- J45414: 4.98% Cu, 4.1g/t Ag\n\n\n\n\n\n\n\no Historical Reverse Circulation drilling returned significant results:\n- Hole BBRC005: 4m @ 1.02% Cu from 0m; and\n- Hole BBRC004: 8m @ 0.54% Cu from 6m (including 1m @ 1.39% Cu from 10m).\no Further targeting tools to be assessed in order to refine and develop targets, before drilling is undertaken.\no Gold and uranium also being targeted as these deposit types occur within the Ashburton Basi...