Grade Control Drill Rig Booked for Northern Zone

RNS Number : 0704C

Oracle Power PLC

06 October 2025

 

6 October 2025

Oracle Power PLC

 ("Oracle" or the "Company")

 

Grade Control Drill Rig Booked for the Northern Zone Gold Project

 

Oracle Power PLC (AIM:ORCP), an international project developer, is pleased to announce that a grade control drill rig (see Figure 1) from Australian Surface Drilling (ASD), a preferred services provider of MEGA Resources, has been booked for the upcoming Northern Zone drilling programme, aimed at expanding the gold footprint. Drilling will focus on the area between the known west and east mineralisation where multiple gold mineralised intercepts have been reported previously. The Northern Zone Intrusive Hosted Gold Project is located on P25/2651, 25km east of Kalgoorlie in Western Australia (refer to Figure 2 for location).

 

Highlights

Riversgold has booked a grade control drill rig for the Northern Zone Gold Project.Drilling programme due to start in three weeks and is designed to expand the mineralised footprint.Drilling to focus on the shallower gold mineralisation between west and east mineralisation identified from previous drilling.

 

Naheed Memon, CEO of Oracle, commented:

"The grade control rig is the next step in refining what MEGA Resources will target for our gold production development plans, with respect to our deal announced with MEGA Resources on 30 September 2025. Exciting times for the Company as we move this project forward."

 

 

For further information:

 

Oracle Power PLC

Naheed Memon - CEO +44 (0) 203 580 4314

 

Strand Hanson Limited (Nominated Adviser & Broker)

Rory Murphy, Matthew Chandler, Rob Patrick +44 (0) 20 7409 3494

 

St Brides Partners Limited (Financial PR)

Susie Geliher, Isabel de Salis +44 (0) 20 7236 1177

 

 

Figure 1: Type of grade control drill rig booked.

 

Figure 2: Location of Northern Zone Gold Project in relation to the Kalgoorlie "Super Pit".

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