Orange Resources NL is an exploration company listed on the ASX (ASX: OMX) with Australian-based projects in the Lachlan Fold Belt (LFB) of NSW and Eastern Gold Fields of WA, both world-class mineral provinces. The LFB of NSW hosts major mines including Cadia/Ridgeway, North Parkes and Lake Cowal and the tenements in the Eastern Goldfields of WA are close to the Daisy Milano gold mine and Black Cat Resources Majestic Project. The Orange Minerals exploration team plan to rapidly explore its tenement packages with aggressive exploration programs at its key properties. The company is currently focusing on the Calarie and Wisemans Creek Projects in NSW, and the Majestic/Kurnalpi tenements in WA.
Cash: AUD$5.19M (30 June 2022)
St Barnabas Investments – 22.2%
Mining Investments Australia Pty Ltd-5.95%
Redland Plains Pty Ltd-3.52%
Hongkong Ausino Investment Ltd- 2.97%
Godolphin Tenements Pty Ltd- 2.5%
Management ownership – 4.71%
Complete Phase 2 drilling program at Calarie, NSW. Process assay results from Calarie drilling. Preparation for Phase 2 drilling at Wisemans Creek, NSW.
Phase 2 drilling at Wisemans Creek. Maiden Resource calculation for Calarie.