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Ore Resources Limited (ASX:OR3)

ALERT: Price-sensitive ASX Announcement for OR3
Current share price for OR3 : $0.072 -0.006 (-7.69%)+
Announcement
Release
11 Jun 2026 8:28AM
Price at Release
$0.078
Full Release
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Summary
Ore Resources Limited announced the successful results from their Phase 4 diamond drilling program at the Forrest prospect, part of the Coolgardie Gold Projects in Western Australia. The drilling confirmed significant extensions of the gold system, both in depth and along strike, with the system now spanning approximately 1km in a north-south direction and reaching a vertical depth of 250m, while remaining open for further exploration. Key intercepts included significant gold grades, and geophysical surveys indicated potential for additional resource growth. The company plans further drilling to better define structural controls and mineralisation.
Key Points
  • Ore Resources Limited conducted successful diamond drilling at the Forrest prospect in the Coolgardie Gold Projects.
  • Phase 4 drilling revealed significant down-dip and southern strike extensions of the gold system at Forrest.
  • The mineralisation at Forrest is hosted within highly sheared and altered mafic units associated with the Miriam Shear Zone.
  • Key results included intercepts such as 33m at 1.44 g/t Au from 135m and 11m at 1.26 g/t Au from 244m.
  • The Forrest gold system extends over approximately 1km in a north-south direction and to a vertical depth of 250m, remaining open along strike and at depth.
  • Sub Audio Magnetic (SAM) and ground gravity surveys identified further potential for growth, with additional structures to be tested.
  • Ore Resources plans further targeted follow-up drilling to enhance understanding of high-grade shoots.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.