Oar Resources (ASX:OAR) -
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  • Oar Resources (OAR) begins fieldwork at its underexplored Crown Nickel-Copper-Platinum Group Element Project in Western Australia
  • On-ground exploration work is being undertaken to gain a better understanding of the local geology
  • Geological mapping and rock chip sampling will also be undertaken to test any identified magnetic targets
  • This will be followed up by systematic geochemical soil sampling to define and refine targets ahead of a maiden drill program
  • Shares in Oar are up 7.69 per cent on the market and are trading at 1.4 cents at 10:33 am AEST

Oar Resources (OAR) has begun fieldwork at its underexplored Crown Nickel-Copper-Platinum Group Element Project in Western Australia.

The 93 square kilometre Crown Project lies roughly 70 kilometres northeast of Perth and less than eight kilometres from Chalice Mining’s (CHN) Julimar Discovery.

It covers a series of prominent magnetic structures similar to Julimar which have not been drill tested.

Due to the close proximity to Julimar and absence of previous drilling, Oar believes Crown has the potential to host a significant polymetallic orebody.

On-ground exploration work is being undertaken to gain a better understanding of the local geology.

Geological mapping and rock chip sampling will also be undertaken to test any identified magnetic targets.

This will be followed up by systematic geochemical soil sampling to define and refine targets ahead of a maiden drill program.

However, before drilling can begin, Oar must undertake access discussions with landowners.

Shares in Oar were up 7.69 per cent on the market and trading at 1.4 cents at 10:33 am AEST.

OAR by the numbers
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