OreCorp: Receives first results from Hobbes

  • OreCorp (ORR) has received results for the first two reverse circulation (RC) holes drilled at the Hobbes Gold Prospect in WA
  • All up, 17 RC holes drilled to confirm and test the strike length and continuity of the mineralisation
  • Grades peaked at 3.39g/t gold and verify the robust nature of the mineralisation
  • Additionally, four holes were drilled at the Quondong Prospect to test for gold mineralisation along the 400-metre strike
  • Further results from Hobbes are expected by the end of the month and once all have been received, OreCorp will prepare plans for future drilling programs
  • OreCorp is down 2.33 per cent on the market and shares are trading at 63 cents
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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