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Ora Gold (ASX:OAU) reports further high-grades at Crown Prince, WA

ASX News, Materials
ASX:OAU      MCAP $23.22M
13 July 2023 16:54 (AEST)

Garden Gully Project Source: Ora Gold

Ora Gold (OAU) has unveiled yet another development in its exploration efforts at its Crown Prince prospect in Western Australia.

The prospect forms part of its Garden Gully project, 22 kilometres northwest of Meekatharra in WA.

The company’s recent diamond core drilling campaign yielded another high-grade gold intercept, affirming the potential of this deposit.

The intercept included 6.4 metres at 26.39 grams per tonne gold from 127.4 metres.

The remaining samples are currently undergoing analysis at Intertek in Perth.

“This result confirms down dip continuity of mineralisation in this area, supports our interpretation of the SEB structure, and is a substantial strike extension from the high-grade intercept in OGGDD536 that we announced recently,” Ora Gold CEO Alex Passmore said.

Ora Gold closed 16.7 per cent higher, trading at 0.7 cents.

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