REG - Oracle Power PLC - Grade Control Drill Rig Booked for Northern Zone

Oracle PowerAnnouncement

06/10/2025 07:00

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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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