15th Feb 2021 11:43
Oracle Power PLC - Cambridge-based natural resource and power project developer - Says initial soil soil geochemical sampling programme at Jundee East gold project in Western Australia complete, with 240 samples taken and now on route to an assay laboratory. Begins ground based gravity survey over key target areas. Oracle noted that Jundee East "represents a previously unrecognised greenstone belt" that covers an 80 square kilometre area near the Jundee gold mine.
Chief Executive Naheed Memon: "Our exploration efforts are progressing well at Jundee East, located only 7 kilometres due east of one of Australia's largest gold mines. The initial orientation soil geochemistry programme has now been completed and samples have been dispatched to the assay laboratory.
"In addition, the gravity survey crew arrived at Jundee East over the weekend to conduct a detailed close spaced gravity survey over the prime targets previously reported. Oracle is optimistic that these two programmes will provide valuable information to understand the scale of targets identified within the project area in preparation for drill targeting."
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By Anna Farley; [email protected]
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