Orbminco Launches Major Drilling Campaign at Majestic North to Upgrade Resources and Test Primary Gold Source
Orbminco Limited (ASX: OB1) is preparing to commence a three-stage reverse circulation drilling campaign at its 100%-owned Majestic North Gold Project in Western Australia’s Eastern Goldfields, targeting resource growth and geological validation. The program will comprise 27 holes for approximately 2,500 metres, focusing on infill drilling within the existing high-grade resource, structural junction testing, and initial basement exploration beneath the current supergene system.
The campaign is designed to upgrade portions of the existing Inferred Mineral Resource into the Indicated category while improving confidence in the higher-grade 2.4g/t Au domain containing approximately 19,300 ounces. Management also intends to test four interpreted structural junctions believed to control gold mineralisation, with potential to extend higher-grade zones along strike.
Importantly, the deeper basement hole will provide the first direct assessment of a potential primary gold source beneath the existing shallow mineralisation system. The program carries an estimated budget of approximately AU$280,000, with drilling scheduled to begin in late May 2026.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Orbminco Launches Major Drilling Campaign at Majestic North to Upgrade Resources and Test Primary Gold Source
Orbminco Limited (ASX: OB1) is preparing to commence a three-stage reverse circulation drilling campaign at its 100%-owned Majestic North Gold Project in Western Australia’s Eastern Goldfields, targeting resource growth and geological validation. The program will comprise 27 holes for approximately 2,500 metres, focusing on infill drilling within the existing high-grade resource, structural junction testing, and initial basement exploration beneath the current supergene system.
The campaign is designed to upgrade portions of the existing Inferred Mineral Resource into the Indicated category while improving confidence in the higher-grade 2.4g/t Au domain containing approximately 19,300 ounces. Management also intends to test four interpreted structural junctions believed to control gold mineralisation, with potential to extend higher-grade zones along strike.
Importantly, the deeper basement hole will provide the first direct assessment of a potential primary gold source beneath the existing shallow mineralisation system. The program carries an estimated budget of approximately AU$280,000, with drilling scheduled to begin in late May 2026.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au