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
