Oracle Power PLC (AIM:ORCP), an international project developer, is pleased to announce that Apex Geoscience has completed the maiden geochemical sampling programme to progress exploration at the Blue Rock Valley Copper and Silver Project (the “Project“), located in the Ashburton Basin in the northwest region of Western Australia.
277 geochemical samples and 3 rock chip samples have been taken and are en route to ALS laboratories in Perth, with assay results expected in around 3-4 weeks. The Project is located 165km southeast of Onslow, the main port for the region’s iron and LNG exports, which is a multi-user port.
Apex Geoscience have completed the maiden geochemical sampling programme over the multiple gravity targets identified along the main Blue Rock valley copper mineralised trend of ~2km strike. Further geophysical techniques are also being considered such as Expert Geophysics’ MobileMT drone-based system, that has had been successful in identifying sulphide anomalies in Western Australia.
Naheed Memon, CEO of Oracle, commented:
“It is great to get on-ground work underway for 2025 as the maiden sampling programme is completed by Apex Geoscience over the gravity anomalies that strike over ~2km around the high-grade copper rock chip samples. Apex took 277 geochemical samples and 3 rock chip samples, with samples on route to ALS Laboratories in Perth and assay results expected to be reported in 3-4 weeks. Geochemical sampling will be used as a multi vector to rank gravity anomalies for priority drilling. I look forward to updating shareholders in due course as we continue work advancing this project.”
For further information on Oracle, visit the Company‘s website at http://www.oraclepower.co.uk or contact:
Oracle Power PLC
Naheed Memon – CEO
