Business
Plans Confirmed at Blue Rocks Copper Project
Oracle Power PLC (AIM: ORCP) announced plans to expand exploration at its Blue Rocks Copper and Silver Project in Western Australia following positive results from a maiden geochemical sampling program. The expansion will include extending geochemical sampling northwest, where stronger anomalies were identified over a ~2km strike length, and commissioning a Mobile MT geophysical survey to identify structurally hosted copper and gold deposits. The company aims to refine drill targets for future exploration phases. Disclaimer*
About this update from Oracle Power Plc
[{"type":"text","content":"\n\n21 August 2025\nOracle Power PLC\n(\"Oracle\" or the \"Company\")\n \nExploration Plans Confirmed at Blue Rocks Copper Project, Australia\nGeochemical sampling to be expanded and Mobile MT survey quote requested\n \nOracle Power PLC (AIM: ORCP), an international project developer, is pleased to announce that it will proceed with its exploration plan at the Blue Rock Valley Copper and Silver Project (\"Blue Rocks\" or the \"Project\") as detailed below. This follows the positive results from the maiden geochemical sampling programme announced on 4 July 2025. The programme highlighted number of strong anomalies across the Project over a strike of ~2km, which remains open. The Project is located in the Ashburton Basin, in the northwest region of Western Australia (Refer to Figure 1 below for location).\n \nHighlights:\no Geochemical sampling to be expanded to the northwest of outcropping copper mineralisation and the anomalies identified by the successful maiden geochemical sampling programme.\no The geochemical responses to the northwest appear stronger and occur through colluvial cover.\no A quote for Mobile MT geophysical survey has been requested to test Blue Rocks for structurally hosted copper and gold.\n \nRecent successes by companies utilising Expert Geophysics Limited's Mobile MT system for copper and gold exploration - for structurally hosted deposits- has delineated mineralised fluid pathways and successful discoveries. The Company views this as applicable to the Project and has therefore has requested a quote for a Mobile MT survey.\n \nThe Company will also expand the geochemical sampling programme to infill and test further northwest of the maiden programme (as considered in the Company's announcement on 4 July 2025). This approach is expected to refine drill targets ahead of future exploration phases (Refer Figures 2, 3 and 4, with gravity, magnetics and air photo as basemap).\n \nNaheed Memon, CEO of Oracle, commented:\n\"It is great to formulate a solid exploration plan to follow up on the maiden geochemical sampling programme at Blue Rocks, where anomalies related well to known mineralisation, with new zones identified to the northwest. The northwest will be focused on with planned infill and extension geochemical sampling programme. To cover the trend, a ...