Ora Gold Limited announced new, high-grade results from the latest drilling program at the Crown Prince Gold Prospect (M51/886). The drill holes were designed to test for potential extensions to mineralised zones along strike of known mineralisation to the north-west and south-east. The Crown Prince Prospect is a high-grade gold deposit within Ora Gold's Garden Gully Project.

Mineralisation at Garden Gully is controlled by gold bearing structures located in geologically favourable settings within the Archean-age Abbots greenstone belt. At Crown Prince, where mineralisation is hosted in steeply south dipping gold lodes, these new drill results extend the known mineralisation along strike to the west and east. Crown Prince is located 22 kilometres north-west of Meekatharra in Western Australia via the Great Northern Highway and the Mt Clere Road.

The Crown Prince deposit is a structurally controlled, orogenic type and is hosted by more competent doleritic rocks above a strongly deformed and ductile ultramafic package and as stockwork veins along the contacts of intercalated black shale units. Some gold mineralisation occurs in the near surface indurated and saprolitic layers in the lateritic profile as supergene mineralisation. Importantly, in fresh rock, gold mineralisation occurs in quartz veins hosted by chloritized, carbonated and strongly sheared meta-basalt, dolerite, black shale units and quartz porphyry, showing strong sericite-carbonate alteration in the vicinity of the quartz veins.

South-eastern extension of main ore body - identified within four out of five holes drilled north- easterly of known mineralisation. A cross-section showing the most important drill line with shallow gold-intercepts is displayed in Figure 3 (8m @ 5.75g/t Au from 10m in OGGAC455 and 17m @ 15.75g/t Au from 30m in OGGAC456, incl. 6m @ 38.06g/t Au from 41m).

These are the best drill intercepts identified to date at Crown Prince Prospect. The main shear in this area shows dextral movement off-setting the main ore body by approximately 100m to the south-west. One drill hole (OGGAC454) missed the main ore zone, intersecting above the target horizon, while OGGAC457 intersected a ferruginized gold-bearing quartz from 16m to 45m.

Assays from only the top 2m of this hole have been received to date (2m @ 5.57g/t Au from 16m). The last hole OGGAC558 was abandoned in mineralization at 55m due to technical issues.