Ora Gold Limited is undertaking a follow up drilling campaign at the Crown Prince Prospect within the company’s broader Garden Gully Project.
Further to the company’s recent exploration announcements outlining a new high-grade zone at Crown Prince, Ora is commencing a 5,000m combined RC and diamond drilling program targeting the newly delineated mineralised zone to the south east of the known gold resource.
Strongly mineralised intercepts recorded in the recent drilling include 20m @ 14.49g/t Au (from 30m, OGGAC456), and 17m @ 10.73 g/t Au (from 28m, OGGAC457).
The Crown Prince mineral resource currently stands at 479,000t at 3.6g/t Au for a total of 55,000 ounces Au.
Ora Gold’s Chief Executive Officer Alex Passmore said following a detailed review of recent and historical exploration data, Ora is embarking on an extensional drilling campaign at Crown Prince.
“The prospect is situated on a granted mining lease and with additional scale likely to be built from this drilling it has the potential to transform into a very exciting development project.
“The Garden Gully Project, which also includes the advanced Lydia, Abbots, and Abernethy South gold prospects is close to several operating and developing gold projects. Ora’s ground position over the Abbots Greenstone Belt provides strong potential for regional prospects to add to the company’s existing resource inventory.”
The drilling program is set to continue for several weeks. Assays and interpretations will be released as they become available.
