An interview with Naheed Memon CEO of Oracle Power (ORCP.L)

Nov 30, 2020, 04:10 PM

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Naheed Memon, CEO of Oracle, commented: "To have commenced exploration activities on the Northern Zone Project near Kalgoorlie, only two weeks after acquiring this asset is an excellent effort from our geological consultants in Australia and underscores our commitment to demonstrating the resource potential of this highly prospective asset in as short timeframe as practicable.

Historical work has highlighted both the gold and nickel potential of this exciting project, and this field-based exploration programme aims to provide the requisite data inputs required to plan a detailed drilling campaign in H1 2021.

We look forward to providing further updates to the market with respect to the evaluation of Northern Zone and Jundee East as significant findings become available."

Oracle Power PLC, the AIM listed international natural resource and power project developer (AIM:ORCP), is pleased to announce that, further to the Company's announcement of 16 November 2020, it has commenced field based exploration work at the Northern Zone Gold Project located in the Kalgoorlie region of Western Australia. The Northern Zone Prospect is located 25km east of the major gold mining centre of Kalgoorlie, the home of Super Pit, the second largest gold mine in Australia.

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