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- Ore starts 15,000m Phase 4 AC drilling across Coolgardie projects.
- Burbanks East the first target, before Miriam then becomes a critical focus.
- Assay results from the now-starting programme are expected to be received progressively from late-May CY26 onward.
Ore Resources (ASX:OR3) has this week started its 15,000-metre Phase 4 aircore drilling program at the Coolgardie gold projects, with the Burbanks East and Miriam regional prospects the top focus as the explorer looks to dig up the “substantial upside which remains waiting to be unlocked.”
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“This commencement… represents an important strategic milestone for the Company as we continue to advance our expansive Phase 4 drilling programme,” Ore’s managing director and CEO, Nick Rathajen, said today.
There’s an excitement, he added, that things will just keep expanding. “With Forrest evidencing growing scale potential along strike and at depth, we are now deliberately expanding our exploration focus to a district-wide assessment of gold opportunities across our broader Coolgardie project landholdings.”
Burbanks East is first, with Ore to follow a 2.7-kilometre anomalous gold trend at the prospect. This trend sits right along strike from the MacPhersons Reward mine and includes five large-scale, controlled gold targets.
Historical drilling at Burbanks East has already yielded some standout results, including eight metres at 3.37 grams per tonne gold from 32 metres.
Beyond Burbanks, the explorer will shift onto the Miriam project. Once the program stages there, several regional prospects will become the focus: Jungle, Forrest North, Burbanks Monarch, and Goroke. These are within a 3.2km gold-anomalous corridor, with several targets associated with the 6.2km Miriam Shear.
While working at Miriam, Ore is also planning to run a systematic follow-up at the Canyon prospect. Earlier RC drilling at Canyon confirmed a fertile gold system, with results including 18 metres @ 0.92 g/t gold from 28 metres.
The current AC program has been drawn up to test the broader 1.7km-long anomaly at Canyon; only 200 metres has been previously drill-tested.
HotCopper understands assay results from the now-started programme are expected to be received progressively from late-May CY26 onward.
“These results are expected to guide targeted follow-up RC, diamond, and additional AC drilling programmes through H2 2026 and beyond,” Mr Rathjen said.
“With drilling across multiple high-priority targets at Burbanks East and Miriam, we see this as a significant opportunity to unlock new high‑grade gold discoveries, open additional pathways for resource growth, and further enhance the long‑term value of our exploration portfolio in the WA Goldfields.”
OR3 shares will open at 6.7c each today.
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The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
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