- Ore has defined three new 50 parts per billion (ppb) gold targets north of Miriam after additional surface geochemical soil sampling.
- Anomalous gold corridor now measures ~3.2 kilometres.
- Explorer well-funded to advance exploration at Coolgardie, Kal East projects.
Ore Resources’ (ASX: OR3) decision to undertake additional surface geochemical soil sampling at its Miriam project in Western Australia has paid off with the company identifying an additional three significant gold-in-soil anomalies.
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The WA company has now defined a continuous 3.2-kilometre-long anomalous gold corridor, coincident with the Miriam Shear Zone and the Goroke prospect at Miriam, part of the company’s Coolgardie gold projects portfolio.
Ore’s managing director and CEO, Nick Rathjen, today told OR3 shareholders that as many as 10 refined gold anomalies measuring 50 parts per billion (ppt) plus have now been defined to date within the broader anomalous corridor at Miriam, with strike lengths ranging between 200 and 850 metres.
“Expanded regional soil sampling has continued to deliver strong results, confirming additional broad-scale gold anomalism in the northern area of Miriam,” Mr Rathjen said.
“We are steadily advancing the integration of these soil sampling results with those from our gravity surveying and magnetic geophysical datasets to define and prioritise both broad-scale and discrete regional targets for first-pass drilling under the planned regional AC drilling program commencing in April. This program is also set to include initial drill testing of Burbanks East.”
Ore is ramping up exploration activities with assay results from 23 reverse circulation drill holes from the Forrest prospect at Miriam expected from next week, and sizeable phase four drilling underway at the Coolgardie gold projects.
“Our expansive 30,000m phase four program is advancing well at the Coolgardie gold projects, underpinning a steady pipeline of results newsflow over the coming months,” Mr Rathjen said.
“In addition, diamond drilling at Miriam is progressing well and is designed to enhance our understanding of the structural and lithological controls at Forrest, supporting further upgrades to the Miriam geological model. The results from this programme are expected from mid-May 2026.”
Ore is preparing to collate the Miriam soil sampling results with gravity surveying and magnetic geophysics for further upgrade of both broad-scale and discrete regional targets, ahead of upcoming aircore (AC) drilling.
The regional AC drilling is now set to commence in mid-April, targeting key regional prospects at Miriam and first pass drilling at Burbanks East.
Mr Rathjen has also said that Ore is well funded and strongly positioned to advance all planned exploration at its Coolgardie and Kal East gold projects over 2026, with $10.7 million cash and zero debt.
The Western Australian explorer’s projects are located within 50 kilometres of the mining hub of Kalgoorlie, approximately 370km to the port of Esperance, and approximately 550km to Perth via road and rail.
They are proximal to multiple gold and lithium mining and processing operations and development projects of substantial scale.
OR3 is steady at 6¢ this morning. Mkt cap $49.29M.
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