Business
Kalgoorlie Gold Project - Drilling Results
Oracle Power PLC has announced the final assay results from its 2025 drilling program at the Kalgoorlie Gold Project, revealing continued shallow gold mineralization at the Northern Zone. Significant intercepts include 8m at 5.81 g/t Au from 46m in hole NZAC179 and 4m at 4.09 g/t Au from 54m in hole NZAC174, expanding the gold footprint and infilling the central Saddle area. The company is progressing towards a mining lease, with Native Title agreements signed and the Mine Development and Closure Plan advancing. Drilling is set to recommence on February 10, 2026, to further expand the shallow gold mineralization. Disclaimer*
About this update from Oracle Power Plc
[{"type":"text","content":"\n\n2 February 2026\nOracle Power PLC\n (\"Oracle\" or the \"Company\")\n \nKalgoorlie Gold Project - Drilling Results Continue to Deliver\n \nOracle Power PLC (AIM: ORCP), an international project developer, is pleased to announce the last of the 2025 drilling programme assay results with the last 16 drillholes at the Northern Zone Intrusive Hosted Gold Project (\"Northern Zone\" or the \"Project\"), located within the Company's Kalgoorlie Gold Project just 25 km east of Kalgoorlie in Western Australia (refer to Figure 1 for location). These results represent the final assays from the 2025 drilling programme. New results for the 2026 drilling campaign are expected to follow shortly after drilling recommences on 10 February 2026.\n \nHighlights\n \n· Riversgold continues intersecting shallow gold mineralisation as it expands it gold footprint at the Northern Zone Gold Project near Kalgoorlie in Western Australia.\n· The balance of the 2025 drilling campaign has now been received, with a further 16 drillholes reported.\n· Gold mineralisation continues to expand the northeastern zone and infill the central Saddle area.\n· Significant results following on from previously announced selection intercepts, include:\n \n\n\n\n\n· 4m @ 4.09 g/t Au from 54m (NZAC174)\n· 1m @ 4.15 g/t Au from 46m (NZAC174)\n· 1m @ 4.82 g/t Au from 43m (NZAC178)\n· 8m @ 1.23 g/t Au from 44m (NZAC188)\n\n\n· 8m at 5.81 g/t Au from 46m (NZAC179)\n· 7m at 3.48 g/t Au from 48m (NZAC181)\n· 5m at 3.13 g/t Au from 41m (NZAC170)\n· 4m at 2.28 g/t Au from 43m (NZAC182)\n\n\n\n\n\n\n· Conversion of the tenement to a mining lease continues on course with the Native Title agreements signing in December 2025 being a major step forward.[1]\n· The Mine Development and Closure Plan (MDCP) and the associated environmental assessments is progressing with Resource WA.\n· Rig booked for 10 February, to begin the 2026 drilling campaign to continue expanding the shallow gold footprint.\n \nNaheed Memon, CEO of Oracle, commented:\n\"These latest results, the last of our 2025 drilling campaign, are excellent and continue to exc...