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HomeFinTechOrange Minerals: Receives phase two results from Calarie, NSW

Orange Minerals: Receives phase two results from Calarie, NSW

Orange Minerals Receives phase two results from Calarie, NSW

  • Orange Minerals (OMX) receives all results from its phase two drilling program at the Calarie gold project in New South Wales
  • Five diamond holes were drilled to test below historical workings and validate two historical reverse circulation holes
  • Highlighted assays include 10.6 metres at 5.63 g/t gold and 4.6 g/t silver from 39.1 metres, reportedly validating the historical results close to surface
  • Orange will use the phase two results to update the ore body model and estimate an initial mineral resource
  • Shares in Orange are down 6.67 per cent and trading at 7 cents each at 2:12 pm AEDT

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