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Proactive headlines: Oracle Power, Westminster Group, Touchstone Exploration…
A look at some of today's main headlines from the Proactive newswire
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LON:ORCP
Oracle Power PLC is an international power and natural resource project developer listed on London’s AIM market. The company is focussed on delivering reliable power in high growth markets and unlocking the value of highly accretive natural resource assets in prospective regions.
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A look at some of today's main headlines from the Proactive newswire
The Northern Zone is comprised of one granted prospecting licence which covers an area of 82 hectares
Oracle is exploring in a highly prolific area of Australia
Drilling is anticipated to start at Northern Zone in a matter of weeks
The drilling programme will be funded from current cash resources
Jundee East is located in an area that's already well-established for gold production
It is expected to help set up a maiden drill programme at the Australian gold project.
Jundee East is located around seven kilometres due east of Northern Star's producing Jundee gold mine, which has a current Resource of 5.4mln ounces
Soil sampling and a ground-based gravity survey are underway
The company predicts progress and 'high impact news flow' in the coming months.
Project is for a gross 8mln tonnes per annum mine, feeding a 660Mw power plant
Oracle Power is also developing a major energy project in Pakistan
"I am delighted that Oracle Power is at the forefront of this emerging industry in Pakistan," said Naheed Memon.
Oracle Power controls assets in Pakistan and in Australia
The company is also developing a major power project in Pakistan
“The scale of the target area being evaluated and its respective proximity to the Jundee Gold Mine exemplifies the prospectivity potential of the project”
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A glance at some of the day's highlights from the Proactive Investors newswire
The power project developer said its partner, China National Coal Development Company, will guide feasibility study workstreams for the project in Pakistan
Oracle will now work up detailed modelling of past drill results, to create a comprehensive model to target future drill holes
Oracle is developing a major power generating facility in Pakistan