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- 3,000m AC drilling program underway in northern area of Coolgardie Gold Project landholdings
- Program represents first drilling at Avoca in approximately 15 years
- Testing mineralisation previously identified through historical drilling and new prospective gold targets
- UFF soil geochemistry has identified nine gold anomalies
Ore Resources (ASX: OR3) has kicked off an expansive gold focused Phase 4 drilling program at its Coolgardie Gold Projects in WA’s Goldfields.
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Part of a 30,000m Phase 4 drilling campaign across 2026, Ore has commenced initial drill testing of gold prospectivity at Avoca with the 3,000m AC drilling program.
Drilling is designed to test extensions to known gold mineralisation, historical drill intercepts and a number of newly generated exploration targets identified through recent systematic exploration.
“The commencement of AC drilling at Avoca marks the first of several exploration programs planned across our expanded gold project portfolio through Q4 2026 and into 2027,” MD and CEO, Nick Rathjen, said.
“Through the integration of recent UFF soil geochemistry and detailed magnetic litho-structural interpretation, we have generated a compelling suite of largely untested gold targets.
“This work has identified nine gold anomalies exceeding 40 parts per billion (ppb) gold and 10 priority structural targets. Several of these targets are supported by a confluence of geochemical and geophysical signatures as well as encouraging historical drilling results.
“The scale of these targets is particularly compelling, with gold anomalies extending for up to 1.7km in strike and structural corridors extending for up to 1.3km. Despite these strong geological indicators, many of these targets have seen little to no effective drill testing, providing a genuine opportunity for new gold discoveries.”
Mr Rathjen told shareholders the company’s target generation strategy to date has delivered significant exploration success across the Coolgardie Gold Projects/
“We are excited to commence drill testing at Avoca. Importantly, this represents the first drilling at the project in approximately 15 years and provides an opportunity to unlock significant value from a highly prospective yet under0explored area.
“With drilling now underway at Avoca and our AC rigs set to advance directly to Mt Monger, we are building strong exploration momentum across both our Coolgardie and Kal East project areas in Q4 2026 and into 2027.”
ORE was steady at 5.2¢. Mkt cap $43.02M.
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