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Ordell Minerals Limited (ASX:ORD)

ALERT: Price-sensitive ASX Announcement for ORD
Current share price for ORD : $0.530 -0.155 (-22.63%)+
Announcement
Release
20 May 2026 8:21AM
Price at Release
$0.685
Full Release
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Summary
Ordell Minerals Limited has been expanding its prospective footprint at the Barimaia Gold Project. The report details the exploration activities and findings by Ordell, including diamond drilling (DDH), reverse circulation (RC) drilling, and air core (AC) sampling. The project is located in Western Australia's Mt Magnet District, and the mineralisation includes gold hosted within silica-sericite-pyrite altered felsic bodies. The company has reported excellent metallurgical results, with significant gravity gold components and fast gold leach kinetics. Ordell has employed rigorous logging and sampling techniques to ensure reliable data for resource estimation, and plans for further systematic infill and extensional drilling are in place.
Key Points
  • Ordell expands footprint at Barimaia Gold Project
  • Exploration includes DDH, RC, and AC drilling
  • Gold mineralisation hosted in altered felsic bodies
  • Significant gravity gold component in samples
  • Fast gold leach kinetics observed
  • Systematic infill and extensional drilling planned
  • Comprehensive logging and sampling undertaken
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.