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- Orange Minerals (OMX) begins planning its phase two diamond drilling program at Wisemans Creek project in New South Wales
- The new program is slated to begin during the first quarter of 2023 and will test two target areas, including the Northwest Ridge and Central West
- Meanwhile at Calarie, a maiden resource is being estimated following a recent drill program, which is expected to wrap up in early 2023
- In Western Australia, the company made a field visit to the Majestic and Kurnalpi projects, where a range of drill targets have now been defined
- Orange Minerals is down 2.16 per cent, trading at 6.8 cents at 3:47 pm AEDT
Orange Minerals (OMX) has updated investors on its recent exploration efforts, having begun its phase two diamond drilling program at Wisemans Creek project in New South Wales.
The new program is slated to begin during the first quarter of 2023 and will test two target areas, including the Northwest Ridge and Central West.
The drilling will follow up previous intersections including 19 metres at 4.04 grams per tonne (g/t) gold, 15 g/t silver, 0.14 per cent copper, 0.38 per cent lead, 0.09 per cent zinc from 81 metres from Northwest Ridge, and 24.6 metres at 1.3 g/t gold from 34.4 metres from Central West.
Meanwhile at Calarie, a maiden resource is currently being estimated following a recent drill program.
This is expected to be finalised in early 2023, while ground exploration activities continue with a focus on the sheared contact between the Late Ordovician to Early Silurian Cotton Formation sediments and the North Parkes Volcanic Group.
On the other side of the country, the company made a field visit to the Majestic and Kurnalpi projects, positioned east of Kalgoorlie in Western Australia.
A number of drill targets have now been defined, with planning underway for a maiden drill program for testing.
Orange Minerals was down 2.16 per cent, trading at 6.8 cents at 3:47 pm AEDT.
