Proactive Investors - Run By Investors For Investors

Ora Gold obtains significant historical drilling data for Abbotts ground

The company recently acquired the Abbotts ground which is now part of its Garden Gully Gold Project in the Murchison region.
gold on the elementary table
Ora Gold recently changed its name from Thundelarra

Ora Gold Ltd (ASX:OAU) completed the acquisition of the Abbotts ground on December 21 2018, significantly expanding the size and prospectivity of its Garden Gully gold project in Western Australia.

As part of the purchase, Ora Gold obtained all the previous owner’s exploration data.

A detailed desktop review of these data, together with all the information available in the public domain in the form of reports lodged by previous explorers, shows a number of locations where historical drilling returned significant gold intersections.

Garden Gully Project: areas of potential interest

Further exploration in and around the areas that returned these high-grade results will form part of the next stages of exploration at Garden Gully as Ora seeks to identify and define mineralisation suitable for small scale mining and treatment, in accordance with the company’s change in development strategy.

READ: Thundelarra likes Ora of gold as it takes developer path with ex-Doray Minerals project

Significant gold intersections from historical drilling include:

Mount Vranizan / New Murchison King area
• 4 metres at 48.9 g/t gold from 123 metres; and
• 7 metres at 11.5 g/t gold from 66 metres.

Kingswood area
• 8 metres at 13.5 g/t gold from 16 metres; and
• 8 metres at 15.5 g/t gold from 52 metres.

Abernethy South
• 10 metres at 41.8 g/t gold from 30 metres; and
• 6 metres at 13.6 g/t gold from 46 metres.

READ: Thundelarra changes name to Ora Gold Limited today

Ora recently changed its name from Thundelarra and shifted its attention from gold and copper exploration to development of a project housing a former Doray Minerals Ltd (ASX:DRM) asset.

The key asset is the Garden Gully Gold Project on the Garden Gully and Abbotts greenstone belt near Meekatharra.

View full OAU profile View Profile

Ora Gold Ltd Timeline

Related Articles

A flow sheet aims to recover more than 90% of battery materials at a pilot plant
February 20 2019
A battery-recycling pilot plant at Lakefield in Canada advances its lithium efforts.
South America's prospective lithium triangle extends upwards from Argentina, across Chile and to Bolivia
February 01 2019
Galan is named for the Cerro Galán volcano system near its Argentinian ground.
Thomas Creek porphyry target
February 08 2019
The company is focused on copper, cobalt, gold and nickel prospects on Tasmania's west coast.

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use