REG - Oracle Power PLC - Drilling Underway at Northern Zone Gold Project

Oracle PowerAnnouncement

Tue 07:00

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RNS Number : 1160E  Oracle Power PLC  21 October 2025

21 October 2025

Oracle Power PLC

 ("Oracle" or the "Company")

 

Grade Control Drilling Underway at Northern Zone Gold Project

Oracle Power PLC (AIM: ORCP), an international project developer, is pleased
to announce re-commencement of drilling operations at its Northern Zone gold
project, with the initial phase of grade control drilling already underway
(refer to Figure 1). The programme aims to expand the overall mineralised
footprint, with initial drilling to target the shallower area between the
western and eastern mineralised zones.

 

Highlights

 

·    Drilling with a grade control rig has commenced at the Northern Zone
Kalgoorlie Gold Project

·    Drilling will focus on the shallow (30m-60m deep) undrilled areas
between the western and eastern gold mineralised zones as previously reported

 

Naheed Memon, CEO of Oracle, commented:

"Significant gold intercepts from 30 to 60 metres within the flat laying
mineralisation of the oxide zone, above the fresh rock porphyry, have
increased the footprint with every drill campaign. The grade control rig is
the next step in the evolution of this project and will expand on the target
for mineable material (see RNS dated 30 September 2025). We aim to continue
expanding the potential gold mineralised footprint of the porphyry system that
is located just 25km east of Kalgoorlie, Western Australia, with additional
drilling. This 2-week drill programme is the first of two planned programmes
leading up to Christmas with another programme scheduled for mid-November.
Results from this first programme are expected to start coming through in
early November. The Australian dollar gold price has recently passed
$6,500/ounce, which bodes extremely well for the prospects of this gold
project, which we are seeking to progress rapidly."

 

**ENDS**

 

For further information on Oracle, visit the Company's website at
http://www.oraclepower.co.uk (http://www.oraclepower.co.uk) or contact:

 

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)

Will Turner, Isabel de
Salis
oracle@stbridespartners.co.uk

 

Figure 1: Grade control rig drilling at the Northern Zone Kalgoorlie Gold
Project. Picture taken 20/10/2025.

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

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