Oracle Power PLC has booked a grade control drill rig from Australian Surface Drilling for its Northern Zone Gold Project in Western Australia. The drilling programme, scheduled to begin in three weeks, is designed to expand the project’s mineralised footprint.
The campaign will focus on shallow gold mineralisation between the previously identified western and eastern zones. The Northern Zone Intrusive Hosted Gold Project is located on tenement P25/2651, around 25km east of Kalgoorlie.
This new phase of drilling marks the next step in advancing gold production development plans with MEGA Resources, following their partnership announcement on September 30, 2025.
Highlights
- Riversgold has booked a grade control drill rig for the Northern Zone Gold Project.
- Drilling programme due to start in three weeks and is designed to expand the mineralised footprint.
- Drilling to focus on the shallower gold mineralisation between west and east mineralisation identified from previous drilling.
Naheed Memon, CEO of Oracle, commented:
“The grade control rig is the next step in refining what MEGA Resources will target for our gold production development plans, with respect to our deal announced with MEGA Resources on 30 September 2025. Exciting times for the Company as we move this project forward.”
For further information:
Oracle Power PLC
Naheed Memon – CEO +44 (0) 203 580 4314
