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Ore Resources (ASX:OR3) has uncovered a significant, two-kilometre-long anomalous gold trend at its Miriam project on the back of recently-returned regional geochemical soil sampling receipts from the area’s shear zone.
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Disclaimer: This content has been prepared as part of a partnership with Ore Resources Ltd and is intended for informational purposes only.
The November programme (which used Ultrafine to process soil particles) identified the broad, 20ppb gold-in-soils anomaly, spanning two kilometres.
Notably, several high-order anomalies reaching up to 850 metres in length are spatially coincident with cross-cutting faults. These, Ore’s bosses said, confirm both Forrest North and Burbanks Monarch as “high-priority.”
“Surface geochemistry with integrated geophysical data has once again proved to be a highly effective tool in defining new gold exploration across our Coolgardie projects tenure,” said Ore CEO Nick Rathjen.
“This trend,” Mr Rathjen added, “is strongly coincident with several existing regional prospects at Miriam… which are high-priority for upcoming testing.”
Ore is now advancing through its multi-stage schedule, which will see the company run through several milestones in CY26. They include results from close-spaced ground gravity surveying (February), results from off-shear prospects (early March), and the start of first-pass aircore drilling (late March).
Current operations include the Phase 4 drilling program, which is already underway at Forrest with some 3,000 to 5,000 metres of RC drilling.
Beyond that, Ore is also operating a larger 30,000-metre program that covers some reverse circulation, aircore, and diamond drilling across the company’s wider Coolgardie assets; all backed by some $10.7 million, and zero debts.
The explorer’s Miriam project is made up of the five prospecting licences through the Goldfields, close to the Kalgoorlie mining hub and all the region’s established infrastructure. Ore owns 100% of the gold project.
Through this morning, OR3 shares have been 6.4c/ea.
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