Crown Project site. Source: Oar Resources
Market Herald logo


Be the first with the news that moves the market
  • Oar Resources (OAR) has expanded its land access at the Crown Project within the Julimar District of Western Australia
  • OAR is carrying out a series of exploration work program at Crown, which is considered prospective for nickel, copper and platinum group elements (PGE)
  • It recently signed a new land access agreement, opening up new high-priority targets areas which will be explored via soil sampling and mapping programs
  • The Eastern margin of Crown is already considered a primary zone of interest, with 310 soil samples submitted for assaying to help guide future drill targets
  • Shares in Oar Resources are trading flat at 1.2 cents each

Oar Resources (OAR) has expanded its land access at the Crown Project within the Julimar District of Western Australia.

Crown is one of the closest exploration projects to Chalice Mining’s (CHN) Gonneville nickel, copper and platinum group elements (PGE) deposit.

OAR is currently carrying out a number of work programs at Crown, and today advised it had expanded its footprint via the signing of a new land access agreement.

The company said the new agreement covers an area of land which has several high-priority targets, and it’ll explore the zone with a soil sampling and mapping program.

To date, Oar Resources has identified the Eastern margin of the Crown Project as a primary zone of interest.

This zone has been characterised by a mixture of the targeted mafic, ultramafic, and granitic lithologies and contains a Priority 1 target area in the southeastern corner of the block.

The materials stock recently collected 310 soil samples from this Priority 1 area and submitted them to a lab for assaying.

OAR said the results from the soil sampling, as well as a rock chip sampling program, will help guide future drill targets at Crown.

The company was expecting assay results to be returned later this week.

Shares in Oar Resources were trading flat at 1.2 cents each at the close of the market on Monday, November 15.

OAR by the numbers
More From The Market Herald

" RocketBoots (ASX:ROC) lists on ASX after $4.25m IPO

Software company RocketBoots (ROC) has debuted on the ASX today after raising $4.25 million through an initial public offer (IPO).

" Gladiator Resources (ASX:GLA) begins exploration at Minjingu

Zeus Resources, a wholly-owned subsidiary of Gladiator Resources’ (GLA), has begun exploration activities at the Minjingu Uranium Project.
Traffic Technologies (ASX:TTI) - Non Executive Chairman, Mark Hardgrave

" Traffic Technologies (ASX:TTI) raises $3.4m from rights issue

Traffic Technologies (TTI) has raised $3.4 million to repay existing debt and bolster its working capital balance.
Mineral Commodities (ASX:MRC) - CEO, Jacob Deysel

" Mineral Commodities (ASX:MRC) updates MRE at Tormin Inland Strands

Mineral Commodities (MRC) has updated the mineral resource estimate (MRE) for the Western Strandline at the Tormin Inland Strands deposit in South Africa.