Oracle Coalfields (GB:ORCP) has released an update.
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Oracle Coalfields PLC announces the commencement of a reverse circulation drilling program at their Northern Zone Gold Project near Kalgoorlie, Western Australia. The drilling aims to estimate a maiden JORC compliant gold resource, with significant gold exploration targets identified at the site. Oracle’s CEO expresses optimism for the drilling progress, which aims to further a joint venture with Riversgold Ltd and build upon an existing exploration target of up to 4.8 million ounces of gold.
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