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Ordell Minerals Limited (ASX:ORD)

ALERT: Price-sensitive ASX Announcement for ORD
Current share price for ORD : $0.560 0.03 (5.66%)+
Announcement
Release
17 Aug 2026 8:09AM
Price at Release
$0.530
Full Release
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Summary
Ordell Minerals Limited is conducting a major resource drilling program at the Barimaia gold project in Australia. The focus is on the McNabs East Prospect, where significant gold mineralisation has been found, including notable drill results such as 9.7m at 1.94g/t Au from 203.2m. The mineralisation is associated with granodiorite and an intermediate dyke, indicating a promising potential for expansion. The drilling program between May and July 2026 involved 46 holes, revealing both high-grade zones and opportunities for further exploration, particularly at The Furnace Prospect. Some results are still pending, underscoring the ongoing nature of the resource assessment.
Key Points
  • Drilling at the Barimaia project returned significant gold mineralisation results.
  • Holes were drilled at McNabs East Prospect to test high-grade gold mineralisation.
  • Notable drill results include 9.7m at 1.94g/t Au from 203.2m and 6.5m at 3.14g/t Au from 213m.
  • The mineralisation is hosted within granodiorite and an intermediate dyke.
  • Ongoing drilling programs aim to explore the extent of gold mineralisation.
  • The drilling program from May to July 2026 included 46 holes with results pending for some.
  • Drilling results also highlighted potential for extensions at The Furnace Prospect.
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.