Ora Gold fields bonanza assays from Crown Prince infill drilling

Proactive - Interviews for investors

Ora Gold Ltd (ASX: OAU) CEO Alex Passmore joins Proactive’s Tylah Tully to discuss assay results the company has received from a 7,500-metre, 66-hole reverse circulation (RC) infill drilling program at the Crown Prince Project, part of its Garden Gully tenure. This work aims to refine the mineralised lodes within the South Eastern Zone (SEZ), targeting a future open pit operation. The drilling has yielded high-grade intercepts, with notable results including 20 metres at 277 g/t gold from 40 metres, including 4 metres at 1,368 g/t from 52 metres; 15 metres at 14.7 g/t from 152 metres; 9 metres at 21.44 g/t from 28 metres, including 2 metres at 77.8 g/t from 31 metres; and 7 metres at 11.74 g/t from 132 metres. The infill program has confirmed and improved mineralisation models and identified new high-grade zones in the SEZ footwall and hanging wall. It has also enhanced gold grade estimates, potentially adding to the resource and supporting future mining inventory. Passmore highlighted the significant grades, which support Crown Prince’s strong economics as Ora aims for production commencement by mid-2025. The company anticipates a resource update in the coming weeks, followed by an ore reserve estimate later in the year. Ora is also finalising an ore purchase agreement with Westgold Resources Ltd as development progresses. #ProactiveInvestors #OraGold #ASX #GoldMining, #HighGradeGold, #MiningExploration, #CrownPrinceProject, #GoldResource, #InfillDrilling, #Mineralisation, #GoldAssays, #MiningNews, #GardenGully, #GoldGrades, #OpenPitMining, #GoldExploration, #ResourceUpdate, #OreReserve, #GoldDeposit, #SEZMineralisation, #Westgold