Assay results of up to 71 g/t Au at Northern Zone

Oracle Power

15/04/2026 07:00

RNS Number : 4708A

Oracle Power PLC

15 April 2026

 

15 April 2026

Oracle Power PLC

 ("Oracle" or the "Company")

 

Impressive Northern Zone Gold Project Drilling Results Continue

Assay results of up to 71 g/t gold

 

Oracle Power PLC (AIM: ORCP), an international project developer, is pleased to announce assay results from a further 31 drillholes at the Northern Zone Intrusive Hosted Gold Project ("Northern Zone" or the "Project"), located just 25km east of Kalgoorlie in Western Australia (refer to Figure 1 for location). These results represent all the assays from the first drilling campaign of 2026.

 

Highlights:

·    Riversgold Limited ("Riversgold") (ASX: RGL) continues to intersect shallow gold mineralisation as we seek to expand the gold footprint of Northern Zone.

·    These latest results represent some of the best intercepts for grade and width drilled at the Project so far from an individual drilling campaign.

·    Selected significant results from this latest drilling campaign include:

 

·15m at 5.62 g/t Au from 48m (NZAC214)
·10m at 1.15 g/t Au from 45m (NZAC207)
·8m at 9.90 g/t Au from 48m (NZAC216)
·4m at 3.46 g/t Au from 48m (NZAC211)
·8m at 4.64 g/t Au from 48m (NZAC213)
·3m at 5.90 g/t Au from 48m (NZAC219)
·6m at 4.05 g/t Au from 46m (NZAC212)
·3m at 3.78 g/t Au from 69m (GEO004)
·10m at 3.81 g/t Au from 30m (GEO004)
·2m at 4.19 g/t Au from 49m (NZAC221)

 

·    As previously announced, conversion of the Northern Zone's tenement to a Mining Lease is well advanced and is expected to occur in the coming weeks.

·    The necessary heritage clearance surveys over the Project area have recently been completed.

·    Riversgold has previously signed a Right to Mine and Co-Operation Agreement with MEGA Resources Pty Ltd ("MEGA") in respect of Northern Zone.

·    MEGA will provide all development and mining funding for Northern Zone on a 50/50 profit share basis.

 

Naheed Memon, CEO of Oracle, commented:

"These latest results evidence some of the best intercepts for grade and width that have been drilled at the Northern Zone project so far. This last set of drill holes were designed to start testing the shallow 'saddle' area and the results will serve to enhance MEGA Resources' mining scenario for 2026.

 

"The strong results continue to expand the lateral footprint of the Northern Zone as we seek to make the Project materially bigger in the oxide zone. The more we drill laterally, the more gold we find on the top of this porphyry gold system and these exceptional drill results can guide us towards the next drill programme."

 

These latest drill campaign results (see Tables 1-3) continue to successfully intersect the mineralised host porphyry over an increasing footprint and consistently validate the broader gold mineralisation model. Gold mineralisation has been intersected and drilling has successfully tested the important area between the central saddle and eastern mineralised zone (Figure 2), with individual metre assay results up to 71 g/t gold.

 

A key SW-NE cross-section derived from 3D Leapfrog software is illustrated in Figure 3. The updated interpretation illustrates interplant composite gold grade shells derived from all the Riversgold/Oracle gold results already announced by the Company.

 



 

For further information on Oracle, visit the Company's website at http://www.oraclepower.co.uk or contact:

 

Oracle Power PLC

Naheed Memon - CEO                                                                                  +44 (0) 203 580 4314

 

Strand Hanson Limited (Nominated Adviser & Broker)

Rory Murphy, Matthew Chandler, Rob Patrick                                    +44 (0) 20 7409 3494

 

St Brides Partners Limited (Financial PR)

Susie Geliher, Isabel de Salis                                                                       +44 (0) 20 7236 1177

 

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

 

Competent Person's Statement

The information in this announcement that relates to exploration results, exploration targets, mineral resources or ore reserves is based on information compiled by Mr Edward Mead, who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Mead is a director of Riversgold Limited and a consultant to the Company through Doraleda Pty Ltd. Mr Mead has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity that he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the `Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves' (the JORC Code). Mr Mead consents to the inclusion of this information in the form and context in which it appears in this announcement.

 

 

Figure 1: Location of Northern Zone project showing proximity to the Kalgoorlie "Super Pit", Golden Mile/Fimiston.

 

 

 

 

 

Figure 2: Drill collar plan and selected significant drill intercepts. The composite gold grade interpolant contours are derived from all the Riversgold/Oracle drilling results up to March 2026.

Figure 3: Cross-section of 3D Leapfrog software model. The interpretation illustrates composite gold grade shells derived from all of the Riversgold/Oracle gold intercepts reported so far. The updated interpolant model is constrained via a 50m buffer to all the Riversgold/Oracle drill hole traces that have been drilled at Northern Zone since 2021, up to March 2026. Refer to Figure 2 Drill collar plan for the location of the section line.

 

APPENDIX 1: Drilling Information

Table 1: Northern Zone Significant Intercepts from all air core drill rig drillholes

Hole ID
From (m)
To (m)
Width (m)
Au g/t
Intercept
NZAC196
57
60
3
0.76
3m @ 0.76g/t Au from 57m, NZAC196
NZAC197
46
54
8
0.69
8m @ 0.69g/t Au from 46m, NZAC197
NZAC198
No significant intercepts
NZAC199
No significant intercepts
NZAC200
No significant intercepts
NZAC201
No significant intercepts
NZAC202
45
46
1
1.64
1m @ 1.64g/t Au from 45m, NZAC202
NZAC203
41
42
1
1.03
4m @ 1.03g/t Au from 41m, NZAC203
NZAC204
49
50
1
1.64
1m @ 1.64g/t Au from 49m, NZAC204
NZAC205
59
60
1
9.33
1m @ 9.33g/t Au from 59m, NZAC205
NZAC206
67
68
1
1.94
1m @ 1.94g/t Au from 67m (EOH), NZAC206
NZAC207
45
55
10
1.15
10m @ 1.15g/t Au from 45m, NZAC207
NZAC208
50
52
2
3.06
2m @ 3.06g/t Au from 50m (EOH), NZAC208
NZAC209
No significant intercepts
NZAC210
48
49
1
1.15
1m @ 1.15g/t Au from 48m, NZAC210
NZAC211
48
52
4
3.46
4m @ 3.46g/t Au from 48m, NZAC211
NZAC212
46
52
6
4.05
6m @ 4.05g/t Au from 46m, NZAC212
NZAC213
48
56
8
4.64
8m @ 4.64g/t Au from 48m, NZAC213
NZAC214
48
63
15
5.62
15m @ 5.62g/t Au from 48m (EOH), NZAC214
NZAC215
49
50
1
3.79
1m @ 3.79g/t Au from 49m, NZAC215
NZAC216
48
56
8
9.9
8m @ 9.90g/t Au from 48m, NZAC216
NZAC217
No significant intercepts
NZAC218
47
49
2
1.45
2m @ 1.45g/t Au from 47m, NZAC218
NZAC219
48
51
3
5.9
3m @ 5.90g/t Au from 48m, NZAC219
NZAC220
51
52
1
1.34
1m @ 1.34g/t Au from 51m, NZAC220
NZAC221
49
51
2
4.19
2m @ 4.19g/t Au from 49m, NZAC221
GEO001
No significant intercepts
GEO002
No significant intercepts
GEO004
30
40
10
3.81
10m @ 3.81g/t Au from 30m, GEO004
GEO004
69
72
3
3.78
3m @ 3.78g/t Au from 69m, GEO004
WB001
No significant intercepts

 

Table 2: Northern Zone Drill Collar Locations

Hole ID
Type
MGA_E
MGA_N
Elevation (m)
Total Depth (m)
Dip (o)
AZM_MGA
Date
NZAC195
AC
381700
6592583
356.11
63
0
-90
10-02-26
NZAC196
AC
381712
6592596
356.16
63
0
-90
10-02-26
NZAC197
AC
381722
6592610
356.22
64
0
-90
10-02-26
NZAC198
AC
381715
6592627
356.32
65
0
-90
13-02-26
NZAC199
AC
381728
6592636
356.38
71
0
-90
13-02-26
NZAC200
AC
381742
6592647
356.45
73
0
-90
14-02-26
NZAC201
AC
381756
6592662
356.8
73
0
-90
17-02-26
NZAC202
AC
381808
6592617
356.7
71
0
-90
17-02-26
NZAC203
AC
381811
6592604
356.72
70
0
-90
18-02-26
NZAC204
AC
381812
6592587
356.76
63
0
-90
18-02-26
NZAC205
AC
381833
6592601
356.77
68
0
-90
18-02-26
NZAC206
AC
381854
6592616
356.76
68
0
-90
19-02-26
NZAC207
AC
381853
6592603
356.54
66
0
-90
15-02-26
NZAC208
AC
381853
6592590
356.58
51
0
-90
16-02-26
NZAC209
AC
381832
6592616
356.46
70
0
-90
14-02-26
NZAC210
AC
381831
6592590
356.37
67
0
-90
15-02-26
NZAC211
AC
381888
6592571
356.43
62
0
-90
17-02-26
NZAC212
AC
381888
6592550
356.44
57
0
-90
16-02-26
NZAC213
AC
381901
6592584
356.54
61
0
-90
14-02-26
NZAC214
AC
381910
6592596
356.68
63
0
-90
16-02-26
NZAC215
AC
381923
6592607
356.81
60
0
-90
15-02-26
NZAC216
AC
381931
6592618
356.27
62
0
-90
13-02-26
NZAC217
AC
381933
6592555
356.98
59
0
-90
19-02-26
NZAC218
AC
381943
6592570
356.89
59
0
-90
20-02-26
NZAC219
AC
381951
6592581
356.98
57
0
-90
20-02-26
NZAC220
AC
381959
6592595
357
66
0
-90
19-02-26
NZAC221
AC
381942
6592598
356.88
61
0
-90
20-02-26
GEO001
AC
381836
6592731
356.75
74
0
-90
22-02-26
GEO002
AC
381747
6592527
356.25
56
0
-90
21-02-26
GEO004
AC
381498
6592586
356.85
78
0
-90
21-02-26
WB001
AC
381956
6592684
356.7
72
0
-90
22-02-26

 

Table 3: Northern Zone assay results above 0.3 g/t Au from all air core drill holes

Hole ID
Depth From (m)
Depth To
(m)
Width
(m)
Au ppm
NZAC195
36
37
1
0.4
NZAC196
31
32
1
0.55
NZAC196
35
36
1
0.3
NZAC196
36
37
1
0.7
NZAC196
54
55
1
0.35
NZAC196
57
58
1
0.5
NZAC196
58
59
1
1.37
NZAC196
59
60
1
0.42
NZAC197
46
47
1
2.56
NZAC197
51
52
1
1.43
NZAC197
52
53
1
0.69
NZAC197
53
54
1
0.3
NZAC197
63
64
1
0.39
NZAC198
46
47
1
0.45
NZAC200
50
51
1
0.33
NZAC201
43
44
1
0.3
NZAC202
45
46
1
1.64
NZAC203
41
42
1
1.1
NZAC203
44
45
1
2.91
NZAC204
44
45
1
0.37
NZAC204
49
50
1
1.64
NZAC205
40
41
1
0.6
NZAC205
47
48
1
0.5
NZAC205
49
50
1
0.57
NZAC205
58
59
1
9.33
NZAC206
33
34
1
0.42
NZAC206
67
68
1
1.94
NZAC207
45
46
1
0.83
NZAC207
49
50
1
0.64
NZAC207
51
52
1
9.23
NZAC207
54
55
1
0.33
NZAC208
49
50
1
1.02
NZAC208
50
51
1
5.09
NZAC209
44
45
1
0.75
NZAC209
49
50
1
0.53
NZAC210
45
46
1
0.31
NZAC210
48
49
1
1.15
NZAC210
49
50
1
0.52
NZAC211
48
49
1
1.09
NZAC211
50
51
1
11.43
NZAC211
51
52
1
1.27
NZAC212
46
47
1
1.86
NZAC212
48
49
1
2.88
NZAC212
49
50
1
3.64
NZAC212
50
51
1
15.08
NZAC212
51
52
1
0.78
NZAC213
42
43
1
0.56
NZAC213
48
49
1
0.57
NZAC213
50
51
1
1.54
NZAC213
51
52
1
32.12
NZAC213
52
53
1
0.8
NZAC213
53
54
1
0.93
NZAC213
55
56
1
0.96
NZAC214
48
49
1
0.42
NZAC214
49
50
1
0.44
NZAC214
50
51
1
0.94
NZAC214
51
52
1
68.12
NZAC214
52
53
1
7.77
NZAC214
53
54
1
0.97
NZAC214
54
55
1
0.97
NZAC214
55
56
1
0.46
NZAC214
56
57
1
0.62
NZAC214
57
58
1
0.3
NZAC214
60
61
1
0.68
NZAC214
61
62
1
1.5
NZAC214
62
63
1
0.6
NZAC215
37
38
1
0.47
NZAC215
49
50
1
3.79
NZAC215
57
58
1
0.39
NZAC216
48
49
1
0.47
NZAC216
50
51
1
3.82
NZAC216
51
52
1
71
NZAC216
52
53
1
0.99
NZAC216
53
54
1
1.83
NZAC216
55
56
1
0.78
NZAC217
44
45
1
0.6
NZAC218
47
48
1
1.77
NZAC218
48
49
1
1.13
NZAC219
48
49
1
15.87
NZAC219
49
50
1
0.42
NZAC219
50
51
1
1.41
NZAC220
48
49
1
0.36
NZAC220
49
50
1
0.4
NZAC220
51
52
1
1.34
NZAC221
37
38
1
0.47
NZAC221
42
43
1
0.41
NZAC221
49
50
1
6.14
NZAC221
50
51
1
2.24
GEO004
30
31
1
1.85
GEO004
31
32
1
0.67
GEO004
32
33
1
16.67
GEO004
33
34
1
8.15
GEO004
34
35
1
1.24
GEO004
35
36
1
4.21
GEO004
36
37
1
1.27
GEO004
38
39
1
3.36
GEO004
39
40
1
0.39
GEO004
56
57
1
0.7
GEO004
57
58
1
0.46
GEO004
58
59
1
0.73
GEO004
59
60
1
0.31
GEO004
69
70
1
8.55
GEO004
70
71
1
2.36
GEO004
71
72
1
0.43
WB001
40
41
1
0.39
WB001
44
45
1
0.31
WB001
47
48
1
0.61

 

The following Tables are provided to ensure compliance with the JORC Code (2012 Edition) requirements for the reporting of Exploration Results at Northern Zone.

Section 1: Sampling Techniques and Data

(Criteria in this section applies to all succeeding sections)

 

Criteria
JORC Code explanation
Commentary
Sampling techniques
Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling.
Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.
Aspects of the determination of mineralisation that are Material to the Public Report.
In cases where 'industry standard' work has been done this would be relatively simple (e.g. 'reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases, more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.
Every metre drilled was placed on the ground.
6m composites were collected using a scoop method of sampling the coarse reject sample for the first 24m.
1m sampling using a rifle splitter was trialled on the clays, from 24m, with sampling deemed to create a high degree risk of smearing. The clays are not wet, but have a damp characteristic. A large metal scoop was used to sample between 70-90% of material from each metre drilled, to total between 2-3kg samples.
Standard reference material, sample duplicates and blanks, were undertaken at 25m sample intervals.
Samples were sent to the laboratory for crushing, splitting and analysis.
Analysis was undertaken by Jinnings laboratories (Kalgoorlie) for gold assay by 50g fire assay.
Drilling techniques
Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc.).
Australian Aircore Drilling completed the programme using a blade to refusal.
Drill sample recovery
Method of recording and assessing core and chip sample recoveries and results assessed.
Measures taken to maximise sample recovery and ensure representative nature of the samples.
Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.
Drill recovery was routinely recorded via estimation of the comparative percentage of the volume of the sample bag by the company geologist.
The sample recovery was deemed excellent for representative assays.
The cyclone was cleaned or checked every 6m.
Logging
Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.
Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography.
The total length and percentage of the relevant intersections logged.
All holes have been geologically logged for lithology, mineralisation and weathering. As well as whether dry, damp or wet.
Logging is quantitative for presence of quartz veins. All other logging is qualitative.
A brief description of each drilling sample was recorded and a permanent record has been collected and stored in chip trays for reference.
Sub-sampling techniques and sample preparation
If core, whether cut or sawn and whether quarter, half or all core taken.
If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry.
For all sample types, the nature, quality and appropriateness of the sample preparation technique.
Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.
Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling.
Whether sample sizes are appropriate to the grain size of the material being sampled.
1m sampling using a rifle splitter was trialled on the clays, from 24m, with sampling deemed to create a high degree risk of smearing. The clays are not wet, but have a damp characteristic. A large metal scoop was used to sample between 70-90% of material from each metre drilled, to total between 2-3kg samples.
Standard reference material, sample duplicates and blanks, were undertaken at 25m sample intervals.
Samples were sent to the laboratory for crushing, splitting and analysis.
The use of fire assay with 50g charge for all AC drilling provides a level of confidence in the assay database. The sampling and assaying are considered representative of the in-situ material.
The sample size of 2-3 kilograms is appropriate and representative of the grain size and mineralisation style of the deposit.
Quality of assay data and laboratory tests
The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.
For geophysical tools, spectrometers, handheld XRF instruments, etc., the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.
Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.
Jinnings (Kalgoorlie) were used for all analysis of drill samples submitted by Riversgold. The laboratory techniques below are for all samples submitted to Jinnings and are considered appropriate for the style of mineralisation defined within the Northern Zone project area:
Samples above 3kg were riffle split.
Pulverise to 95% passing 75 microns
50-gram Fire Assay (FA50A) - Au Duplicates, Standards and Blanks were used for external laboratory checks by RGL
Verification of sampling and assaying
The verification of significant intersections by either independent or alternative company personnel.
The use of twinned holes.
Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.
Discuss any adjustment to assay data.
Intercepts were reviewed by 2 company personnel.
Location of data points
Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.
Specification of the grid system used.
Quality and adequacy of topographic control.
The collar position of each hole has been marked out with a Garmin Inreach Explorer+ hand held GPS, and will be picked up by Spectrum Surveys (Kalgoorlie) using a DGPS.
Data spacing and distribution
Data spacing for reporting of Exploration Results.
Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.
Whether sample compositing has been applied.
The holes were drilled on a nominal Northeast-Southwest 20m spacing on traverses 15-20m apart.
Orientation of data in relation to geological structure
Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.
If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.
Based on logging of diamond core the drill holes appear to be orientated perpendicular to strike and dip of the main mineralised structures.
An interpreted fault though the middle of the mineralisation may have caused some displacement.
Sample security
The measures taken to ensure sample security.
Company personnel delivered samples to Jinnings Kalgoorlie where they were submitted for assay.
Audits or reviews
The results of any audits or reviews of sampling techniques and data.
Data reviews will be conducted on completion of further drilling.

 

 

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section)

 

Criteria
JORC Code explanation
Commentary
Mineral tenement and land tenure status
Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.
The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.
The Northern Zone Project is comprised of one granted prospecting licence (P25/2651) which covers an area of 82 hectares, and is held in the name of Riversgold (Australia) Pty Ltd 80/100, Oracle Gold (WA) Pty Ltd 20/100.
The JV documents are to be formalised.
Oracle currently contribute pro-rata at 20% of all costs, and have the option to dilute.
Exploration done by other parties
Acknowledgment and appraisal of exploration by other parties.
The majority of previous exploration in the area was by Northern Mining during 2007 to 2012 under the Blair North project, multiple small resource areas were identified at the George's Reward area to the south of P25/2651. Numerous gold intersections were recorded.
Geology
Deposit type, geological setting and style of mineralisation.
The deposit sought is Intrusion Related Gold System (IRGS) style of mineral deposit.
Northern Zone is hosted within a porphyry unit (Tonalite-Trondhjemite Intrusion, TTI), with high background gold and horizontal gold mineralised units within the TTI unit. The Northern Zone Project sits within the Canon Shear or fault zone, with further drilling required to define the limits of mineralisation identified to date.
Drill hole Information
A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:
easting and northing of the drill hole collar
elevation or RL (Reduced Level - elevation above sea level in metres) of the drill hole collar
dip and azimuth of the hole
down hole length and interception depth
hole length.
If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.
Refer to Tables and Figures within the body of the release.
Data aggregation methods
In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and should be stated.
Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.
The assumptions used for any reporting of metal equivalent values should be clearly stated.
Intersections are weighted average grades based on a 0.001 g/t Au cut-off with unlimited waste zones but with a targeted grade of 0.4-0.6g/t Au.
Relationship between mineralisation widths and intercept lengths
These relationships are particularly important in the reporting of Exploration Results.
If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.
If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg 'down hole length, true width not known').
The diamond drilling programme in 2023 confirmed the apparent widths of mineralisation as being perpendicular to foliation and veining. Step out RC drilling to be the same as the diamond drilling. Mineralisation has been determined from structural logging to be horizontal and vertical drilling is therefore true width drilling.
Diagrams
Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to, a plan view of drill hole collar locations and appropriate sectional views.
See body of the announcement for relevant diagrams and photos. Figure 3: Cross-section of 3D Leapfrog software model. The interpretation illustrates gold grade shells, derived from all of the Riversgold/Oracle gold grades (au ppm) reported to the ASX to March 2026. The model is constrained via a 50m buffer to all the Riversgold/Oracle drill hole traces that have been drilled at Northern Zone since 2021. Refer to Figure 2 Drill collar plan for the location of the section line. Figure 2: Plan view of Leapfrog software model. The interpretation illustrates gold grade shells, derived from all of the Riversgold/Oracle gold grades (au ppm) reported to March 2026. The figure illustrates the position of the Cross-section in Figure 3, and the location of the significant intercepts reported from the most recent AC drilling programme. There are multiple areas that remain undrilled as noted on the diagram, with mineralisation yet to be confirmed.
Balanced reporting
Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.
The reporting of exploration results is considered balanced by the competent person.
Other substantive exploration data
Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.
See body of the announcement.
Further work
The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large-scale step-out drilling).
Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.
· Follow up phases of drilling to further test open mineralisation, laterally and at depth.
· Complete a Mine Development and Closure Plan (MDCP)

 

 

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