
CORPORATE
About Ore
Rapid, low-cost exploration of exciting new gold and lithium opportunities in the W.A. Goldfields
THE BUSINESS
ADVANCING A PROVEN, HIGH-EFFICIENCY EXPLORATION STRATEGY IN A WORLD-CLASS MINERAL PROVINCE
Ore Resources (ASX: OR3) is a gold and lithium focused exploration business with a growing asset portfolio located in the Eastern Goldfields of Western Australia. We are focused on executing a proven, low-cost exploration strategy across our extensive, 100%-owned and rapidly emerging Coolgardie and Randalls Gold and Lithium Projects.
THE LOCATION
INFRASTRUCTURE-RICH PROJECT SETTING
The Eastern W.A. Goldfields is an outstanding location in which to explore for, build, and operate gold and lithium mines. It is a long-established mining province with all the accompanying benefits, including all-year land access, skilled labour, mining services and infrastructure. Our key projects are positioned within 50km of the mining hub of Kalgoorlie (via sealed and access roads) and proximal to multiple gold and lithium mining and processing operations of substantial scale.
THE
TEAM
PROVEN VALUE GENERATORS
Our carefully assembled team has an extensive track record of exploration success, project stewardship, development expertise and operating excellence that has repeatedly resulted in the delivery of substantial shareholder value: Nick Rathjen (MD), Robin Cox (Technical Director), Nev Power (Chairman), Rob Waugh (NED). With a sharp commercialisation focus, our business development strategy has delivered strong shareholder outcomes to date.
THE PROJECTS
DELIVERING SIGNIFICANT NEW DISCOVERIES
We have unlocked substantial new prospectivity at our Coolgardie Gold Project through the successful completion of initial Reverse Circulation (RC) drilling programmes at Miriam. The Forrest prospect at Miriam is a much larger and higher-grade gold system than originally anticipated, possessing multiple stacked lodes of gold mineralisation with significant strike lengths and remaining open in multiple directions.
We have also made a substantial lithium discovery at the Big Red pegmatite (Kangaroo Hills) within our Coolgardie Lithium Project. This thick, near-surface, high-grade LCT deposit has a defined mineralised footprint of +900m and remains open along strike.
THE CAPACITY
BALANCE SHEET STRENGTH AND RUNWAY
We are a business and team that is resolutely focussed on the stewardship of our shareholders’ capital and the astute application of this capital for maximal return. With a robust cash balance and zero debt, we are well-funded to undertake our planned exploration and evaluation work programs.
