Ankündigung • Apr 30
Orange Minerals NL has filed a Follow-on Equity Offering in the amount of AUD 1.675 million. Orange Minerals NL has filed a Follow-on Equity Offering in the amount of AUD 1.675 million.
Security Name: Partly Paid Shares
Security Type: Common Stock
Securities Offered: 33,500,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Mar 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.5m free cash flow). Earnings have declined by 4.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m (AU$34k revenue, or US$24k). Market cap is less than US$10m (AU$10.7m market cap, or US$7.49m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Mar 11
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$1.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.5m free cash flow). Earnings have declined by 4.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m (AU$34k revenue, or US$24k). Market cap is less than US$10m (AU$12.4m market cap, or US$8.91m). Ankündigung • Dec 04
Orange Minerals NL has filed a Follow-on Equity Offering in the amount of AUD 3.186 million. Orange Minerals NL has filed a Follow-on Equity Offering in the amount of AUD 3.186 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,400,000
Price\Range: AUD 0.09
Transaction Features: Subsequent Direct Listing Ankündigung • Oct 08
Orange Minerals NL, Annual General Meeting, Nov 27, 2025 Orange Minerals NL, Annual General Meeting, Nov 27, 2025. New Risk • Sep 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 6.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m (AU$75k revenue, or US$49k). Market cap is less than US$10m (AU$12.4m market cap, or US$8.12m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (16% average weekly change). Ankündigung • Jul 24
Orange Minerals NL has completed a Follow-on Equity Offering in the amount of AUD 0.998 million. Orange Minerals NL has completed a Follow-on Equity Offering in the amount of AUD 0.998 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,266,666
Price\Range: AUD 0.03
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,500,000
Price\Range: AUD 0.03
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,500,000
Price\Range: AUD 0.03
Transaction Features: Subsequent Direct Listing New Risk • May 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 61% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 6.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m (AU$75k revenue, or US$48k). Market cap is less than US$10m (AU$7.04m market cap, or US$4.54m). Recent Insider Transactions • May 04
Independent Non-Executive Chairman recently bought AU$55k worth of stock On the 30th of April, John Smyth bought around 2m shares on-market at roughly AU$0.037 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of AU$97k worth in shares. Ankündigung • Apr 09
Orange Minerals NL (ASX:OMX) has entered into a binding agreement to acquire Bibiani Gold Field of Ghana from Savannah Mining Ghana Limited. Orange Minerals NL (ASX:OMX) has entered into a binding agreement to acquire Bibiani Gold Field of Ghana from Savannah Mining Ghana Limited on April 9, 2025. Total amount will be paid by 18 million ordinary shares in the Orange Minerals. The consideration payable to the vendor (or its nominees) comprises: Reimbursement of annual rents, application fees and other costs and expenses incurred by the vendor to keep the projects in good standing up to a maximum of $0.15 million, 18 million ordinary shares in the Company and A 1.5% net smelter return royalty payable to the vendor on any minerals extracted from the projects. The transaction is conditional on the following conditions precedent being satisfied or waived by the Company by- the Company completing due diligence to its sole satisfaction, all representations and warranties given by the vendor remaining true and accurate in all material respects and the Company securing any shareholder, statutory and regulatory approvals and/or waivers required to complete the transaction, including Company shareholder approval to issue the above consideration securities. Board Change • Nov 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Chairman John Smyth was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Oct 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m (AU$75k revenue, or US$50k). Market cap is less than US$10m (AU$2.66m market cap, or US$1.78m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding). Ankündigung • Oct 09
Orange Minerals NL, Annual General Meeting, Nov 28, 2024 Orange Minerals NL, Annual General Meeting, Nov 28, 2024. Ankündigung • Aug 30
Orange Minerals NL Announces Resignation of David Greenwood as Managing Director, Effective 30 November 2024 Orange Minerals NL announced that Managing Director, Mr. David Greenwood has tendered his resignation effective 30 November 2024 to pursue other business opportunities. Mr. Greenwood will continue as Managing Director during his notice period or until a suitable replacement is found. Mr. Greenwood has been the Managing Director of the company since its listing on the ASX in December 2021. The company will now commence a search for a new executive. Ankündigung • Aug 28
Orange Minerals NL has filed a Follow-on Equity Offering in the amount of AUD 0.6 million. Orange Minerals NL has filed a Follow-on Equity Offering in the amount of AUD 0.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: AUD 0.024 Ankündigung • Nov 15
Orange Minerals NL Appoints Christopher Michael as A Non-Executive Director Orange Minerals NL announced the appointment of Mr. Christopher Michael as a non-executive director. Date of appointment is 14 November 2023. Chris is an experienced financial and corporate advisor with multiple years experience specializing in junior mining and exploration companies. He holds a bachelor of commerce majoring in accounting and finance. Board Change • Oct 04
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Director George Karageorge is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairman John Smyth was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Ankündigung • Sep 29
Orange Minerals NL, Annual General Meeting, Nov 14, 2023 Orange Minerals NL, Annual General Meeting, Nov 14, 2023. Ankündigung • Feb 13
Orange Minerals Nl Announces Maiden Jorc 2012 Inferred Mineral Resource Estimate (Mre) for the Calarie Project in Nsw Orange Minerals NL announced a maiden JORC 2012 Inferred Mineral Resource Estimate (MRE) for the Calarie Project in NSW. Following recent drill programmes completed by Orange at Calarie, a maiden MRE has been estimated and reported in accordance with the JORC Code (2012). Orange Minerals (Orange or "the Client") commissioned Geowiz Consulting (Geowiz) to prepare the MRE for the Calarie Gold Deposit, located near Forbes in central NSW. The Calarie MRE was estimated using ordinary kriging for Au. The MRE is reported above a cut-off grade of 0.3 g/t Au within an optimised open pit shell. The MRE has been classified as Inferred only in accordance with the JORC Code1 and is therefore suitable for public release. A total of 154 Reverse Circulation (RC) drillholes (11,926m) and 32 Diamond (DDH) drillholes (4,764) were used to define the Calarie deposit for a total of 16,690m of drilling. A pit optimisation was run using a Au price of AUD 2,700 per ounce. The block model was reported inside the pit shell to determine that blocks >0.3 ppm Au have reasonable prospects of future economic extraction by surface mining. The MRE has been classified as Inferred based on the guidelines specified in the JORC Code. The deposit appears to be of sufficient grade, quantity, and coherence to have reasonable prospects for eventual economic extraction. Ground exploration activities are currently focussing to the northeast along strike of the ML at Calarie targeting the sheared (Parkes Fault) contact between the Late Ordovician to Early Silurian Cotton Formation sediments and the North Parkes Volcanic Group. The Calarie is a mining lease (ML739) and two exploration licences (EL8555, EL8580) that form a 70% earn-in joint venture with Godolphin Resources Limited. The project area is located immediately north of Forbes in Central NSW. The Calarie area was an underground gold mine that produced approximately 39,000oz at 22g/t gold from 1896 to 1908. In addition to historical exploration work including drilling, two drill programmes have been completed by Orange since listing in December 2021. An RC drill programme of ten holes totaling 1,044 metres was completed in December 2021, and a diamond drill programme consisting of five holes totaling 1,170 metres was completed in September 2022. The Calarie Project area is dominated by two groups of rocks (Ordivician Volcanics and Silurian Volcanics and sediments). The Ordivician group consists of the Junee - Narromine andesitic volcanic arc that includes the Parkes and Nash Hill volcanics. The Ordivician - Silurian sediment sequence east of the volcanic arc include linear belts of intermediate volcanics including the Daroobalgie Volcanics Cotton Formation and Calarie Sandstone. Gold mineralisation at the Calarie Mine is structurally controlled along the extensive NNE trending Parkes - Forbes belt or Parkes Thrust. The deposits are hosted in strongly deformed linear belts of Ordivician volcanics and predominantly occur close to the volcanic /sediment contact. Historical drilling has shown that the western contact of the Daroobalgie Volcanics dips at 70 degrees to the west, and is strongly altered and mineralised. Significant operating mines and past producers include the Tomingley Mine (Orogenic), London - Victoria Mine (Orogenic) and Peak Hill (High Sulphidation - Epithermal). Ankündigung • Jan 17
Orange Minerals NL Updates of Exploration Activities Orange Minerals NL announced the following update of exploration activities: Following are recent drill programme completed at Calarie a maiden resource is currently being estimated and is expected to be completed in early 2023. Ground exploration activities are currently focussed on the northeast along strike targeting the sheared contact between the Late Ordovician to Early Silurian Cotton Formation sediments and the North Parkes Volcanic Group Following the successful Phase 1 drill programme completed at Wisemans Creek, planning is underway for a Phase 2 diamond programme in the first quarter of 2023. Drill programme will test two target areas namely Target Area A - The Northwest Ridge - Prospect where drilling will follow up on a number of excellent intersections in historical holes in including: WDC004: 19m @ 4.04 g/t Au, 15.0 g/t Ag, 0.14% Cu, 0.38% Pb, 0.09% Zn from 81m Includes 5m @ 12.78 g/t Au, 23.2 g/t Ag, 0.20% Cu, 0.27% Pb, 0.15% Zn from 95m. NRP001: 17m @ 2.13 g/t Au, 65.0 g/t Ag, 0.28% Cu, 0.70% Pb, 0.88% Zn from 102m Includes 3m @ 8.01 g/t Au, 194.0 g/t Ag, 0.76% Cu, 1.89% Pb, 2.57% Zn from 111m. Target Area B - Central West - Area west of hole OWCD004 which in the Phase 1 drilling programme returned 24.6m @ 1.30 g/t Au from 34.4m, including 7m @ 2.28g/t from 39m. The zone is open to the west and along strike. A recent field visit was made to the Majestic/Kurnalpi Projects approximately 50km east of Kalgoorlie including tenements recently purchased from Rocky Reef Mining Pty Ltd. A number of drill targets have now been defined on the Majestic/Kurnalpi/Burtons Dam tenements, and planning is underway for a maiden drill programme in 2023 to test these targets. Target A - Kurnalpi E 28/2294 covers part of the prospective Kurnalpi goldfield and drilling is planned to test the northern extension of the Avoca Fault, that hosts several gold prospects in adjoining leases. Auriferous quartz veins associated with the fault are exposed in the numerous shallow workings along the trend. Soil sampling and limited drilling to date highlight an anomalous gold zone in the northeast corner of the tenement. Target Area B Covers the possible extension to the adjacent Jones Find mineralisation. Target Area C: Will test quartz veining associated with a significant east - west magnetic high. Quartz veining on the southern contact of a prominent NS trending dolerite dyke will be targeted in area D. Target Area D - Burtons Dam The Burtons Dam tenements are a package of 13 adjoining leases, 1.5km east of the Daisy Milano gold mine. Target Area E: Testing multiple quartz veins associated with N-S faults and an EW trending Proterozoic Dolerite dyke that cuts through the top of the tenements. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Chairman John Smyth was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 10
Orange Minerals NL (ASX:OMX) entered into a term sheet agreement to acquire P25/2597/ P25/2688/ P26/4470 Tenaments from Rocky Reef Mining Pty Ltd for AUD 0.5 million. Orange Minerals NL (ASX:OMX) entered into a term sheet agreement to acquire P25/2597/ P25/2688/ P26/4470 Tenaments from Rocky Reef Mining Pty Ltd for AUD 0.05 million on November 10, 2022.The consideration payable by Orange Minerals to the Rocky Reef for the Sale comprises of AUD 0.025 million worth of fully paid Orange Minerals ordinary shares at an issue price equal to the 5 day VWAP of Orange Minerals immediately prior to the date of execution (to be issued from the Company’s placement capacity under ASX Listing Rule 7.1), AUD 0.025 million in cash, and a 1.5% net smelter royalty on any minerals extracted from the Rocky Reef Mining acquisition tenements. Ankündigung • Nov 04
Orange Minerals NL Receives Assay Results from the Phase 2 Drilling Programme at Calarie Project Orange Minerals NL announced that it has received assay results from the Phase 2 drilling programme at Calarie project. Five diamond holes totaling 1,170 metres were completed at Calarie - best results received include: 10.6m @ 5.63 g/t Au and 4.6 g/t Ag from 39.1m in OCDD005: Including 2.4m @ 15.69g/t Au & 6.7g/t Ag from 45m. 2.6m @ 0.76 g/t Au and 0.5g/t Ag from 117.5 m in OCDD001. 1.0m @ 0.71 g/t Au from 291.0 in OCDD004. Results validate outstanding historical results close to surface. The three deeper holes targeting the area below the workings, intersected the same shear zone as identified in the historical shallower holes above, but without significant gold mineralisation. This indicates that the gold is associated with discrete south plunging shoots, that require further work to locate. Future exploration work will also focus along strike, where historical exploration results indicategold mineralisation close to surface. In December 2021 ten RC holes totaling 1,044m were completed at Calarie - outstanding results received include: Excellent assay results included:14m @ 3.4g/t Au from 112m in OCRC003; 21m @ 4.5g/t Au from 34m in OCRC006; 5m @ 13.5g/t Au from 143m in OCRC008; 2m @ 5.1g/t Au from 94m in OCRC009. A Phase 2 diamond drilling programme of five holes totaling 1,170 metres was completed inSeptember 2022 as a follow up to the successful Phase 1 RC drill programme completed at Calarie in December 2021. Drilling commenced in August 2022 and was completed in September 2022. The drilling was planned to validate historical drill holes and look to extend mineralised zones below the historical workings. Ankündigung • Oct 05
Orange Minerals NL, Annual General Meeting, Nov 04, 2022 Orange Minerals NL, Annual General Meeting, Nov 04, 2022, at 11:00 W. Australia Standard Time. Location: BDO Level 9 Mia Yellagonga Tower 2 5 Spring Street Perth Western Australia Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2022 together with the declaration of the Directors, the Directors' report, the Remuneration Report and the auditor's report; to consider the adoption of remuneration report; to consider the re-election of director Mr campbell smyth; to consider approval of 10% placement capacity; and to consider other matter also. Ankündigung • Sep 19
Orange Minerals NL Announces Phase 2 Drill Program Completed At Calarie Gold Project Orange Minerals NL announced that it has completed a Phase 2 drill program at the Calarie Gold Project (Calarie) in NSW. The Phase 2 programme is a follow up to the successful Phase 1 RC drill programme completed at Calarie in December 2021. Five diamond holes have been completed in the Phase 2 drill program at Calarie with a total of 1,170 metres drilled. The drilling was planned to validate historical drill holes and look to extend mineralised zones below the historical workings. All drill holes intersected the sheared steeply dipping mineralised contact between sediments and Daroobalgie volcanics. This zone is highly sheared with associated quartz veining and brecciation, strong sericite/carbonate alteration and abundant pyrite with minor chalcopyrite. Diamond drill samples are currently being processed, with a number to be dispatched to the laboratory for assay in the coming days. First results are expected to be received in October 2022. Following the receipt of assay results the Company intends to undertake a resource review at Calarie. A program of five diamond holes (OCDD001 5 for 1,170m) was recently completed at Calarie to validate previous significant intercepts in RC holes and extend mineralisation below the old workings. Assays are pending and are expected in October 2022. Ankündigung • Aug 29
Orange Minerals NL Announces Excellent Gold Assay Results from Drilling at Wisemans Creek Orange Minerals NL announced that it has received assay results from the Phase 1 drill programme at Wisemans Creek. Excellent gold assay results include: 24.6m at 1.30 g/t Au from 34.4m in OWCD004 including 7m at 2.28g/t from 39m. Four diamond drill holes totaling 618 metres were completed at the Wisemans Creek Project in NSW in May 2022. One hole was sited at the Black Bullock Workings and three holes at the nearby Central West Prospect. The drilling tested significant historical drill results to validate previous intercepts and test for further extensions of mineralisation. The holes intersected the Silurian Campbells Formation, a sequence of siltstones, cherts, feldspathic volcaniclastics and lesser sandstone units. The significant gold intersection in OWCD004 (24.6m at 1.30 g/t Au) is associated with an extensive quartz breccia zone containing quartz veining and strong sericite/carbonate alteration. Higher gold values coincide with stronger quartz veining and sericite alteration intensity. Following the significant intersection in OWCD004, the Company is now planning the next phase of exploration at the Wisemans Creek Project. This work will include surface mapping, soil geochemical work, geophysics and a Phase 2 drill programme which will target strike and depth extensions to the mineralisation in OWCD004. A number of drill core samples have been sent for petrographic analysis. The Wisemans Creek project is located in the south-east of the Company's NSW Project area. The project is comprised of four granted exploration licences including (EL8554). Numerous historical exploration activities have taken place across EL8554, by various companies. Activities include stream sampling, rock chip sampling, outcrop mapping, geophysical surveys and drilling. The Black Bullock area is a significant zone of anomalism in EL8554 and contains several historical workings. Historic production from the Black Bullock mine was 2,098oz gold and 40,000oz of silver from 4,700t of ore (Maniw 1995). The Black Bullock mining area corresponds with a distinct geophysical anomaly. Paralleling the observed trends of mineralisation and historic workings, a distinct northwest/southeast trend is evident in regional geophysical datasets, extending for up to 6.5km. Several cross-structures appear to correspond to some of the workings. Ankündigung • Aug 15
Orange Minerals NL Commences Phase 2 Drilling at NSW Calarie Gold Project Orange Minerals NL announced that it has commenced drilling at the Calarie Gold Project in NSW. Calarie is a mining lease (ML739) and two exploration licences (EL8555, EL8580) that form a 70% earn-in Joint Venture with Godolphin Resources Limited. The project area is located immediately north of Forbes in Central NSW. The drill rig and support crew have arrived on site and drilling of the first hole (OCDD001) has commenced. A DD programme totaling up to five holes (minimum 1,000 metres) is planned to test an inflexion zonebeneath the old mine workings and beneath significant historical drill holes. One or two shorter DD holes areplanned to verify historical RC results where the holes stopped in mineralisation and did not test the full extentof the mineralised zone. The Phase 2 diamond drilling programme has commenced at Calarie and will test areas at depth beneath the old workings. This is an extremely drill programme for the company and is planned to demonstrate the significant upside potential of this Project, where results in the Phase 1 RC programme in December 2021 were outstanding. Ankündigung • Jul 05
Orange Minerals NL Announces That It Has Finalised Phase 2 Drilling Programme At the Calarie Project in NSW Orange Minerals NL announced that it has finalised a Phase 2 drilling programme at the Calarie Project in NSW. Calarie is a mining lease (ML739) and two exploration licences (EL8555, EL8580) that form a 70% earn-in Joint Venture with Godolphin Resources Limited. The project area is located immediately north of Forbes in Central NSW. In December 2021 a Phase 1 RC drilling programme (ten RC holes totaling 1,044m) was completed with a number of outstanding results achieved including 21m @ 4.5g/t Au from 34m in OCRC006; Including 1m@48.77g/t Au from 42m; 14m @ 3.4g/t Au from 112m in OCRC003; 5m @ 13.5g/t Au from 143m in OCRC008. These results validated historical results around the old Calarie mining area and highlighted the potential for significant resources to be delineated at the Calarie Project. The Phase 2 diamond drill programme is designed to test the mineralisation at depth below the historical workings. Orange Minerals plan to drill at least four diamond holes (minimum total of 1,000 metres) below the old workings, where previous drilling located high grade gold mineralisation within an inflexion zone. The Phase 2 drilling programme is forecast to commence in July 2022. A minimum of four diamond drill holes are planned (minimum 1,000 metres) to test beneath the old mine workings and historical drill holes, the majority of which were RC drilling. Gold mineralisation is structurally controlled along the extensive NNE trending Parkes Forbes belt or Parkes thrust. Historical drilling has defined the strongly altered and mineralized western contact of the Daroobalgie Volcanics, dipping at 70o west. The holes will target an inflexion zone in the lode between 6310200N and 6310000N. Ankündigung • May 31
Orange Minerals NL Announces Completion of Phase 1 Drilling Programme At the Wisemans Creek Project (Wisemans) in NSW Orange Minerals NL announce that it has completed a Phase 1 drilling programme at the Wisemans Creek Project (Wisemans) in NSW. The diamond drill programme was designed to follow up a number of historical drill holes around the Black Bullock Prospect. Orange Minerals drilled four diamond holes (total 618 metres) in the vicinity of a number of significant historical holes, to validate previous intercepts and test for further extensions of the mineralisation. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Chairman John Smyth was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 04
Orange Minerals NL Receives Assay Results from Phase 1 Drill Programme At Calarie Orange Minerals NL announced that it has received assay results from the Phase 1 drill programme at Calarie. Excellent assay results include: 14m @ 3.4g/t Au from 112m in OCRC003, 21m @ 4.5g/t Au from 34m in OCRC006, 5m @ 13.5g/t Au from 143m in OCRC008, 2m @ 5.1g/t Au from 94m in OCRC009. Ten RC drill holes totalling 1,044 metres were completed at the Calarie Project in NSW in December 2021(Figure 1). Assay results from these drill holes have recently been received. The Calarie Project area is dominated by two groups of rocks (Ordivician Volcanics and Silurian Volcanics and sediments). The Ordivician group consists of the Junee - Narromine andesitic volcanic arc that includes the Parkes and Nash Hill volcanics. The Ordivician - Silurian sediment sequence east of the volcanic arc include linear belts of intermediate volcanics including the Daroobalgie Volcanics Cotton Formation and Calarie and stone. Gold mineralisation at the Calarie Mine is structurally controlled along the extensive NNE trending Parkes - Forbes belt or Parkes Thrust. The deposits are hosted in strongly deformed linear belts of Ordivician volcanics and predominantly occur close to the volcanic /sediment contact. Historical drilling has shown that the western contact of the Daroobalgie Volcanics dips at 70o west and is strongly altered and mineralised. Significant operating mines and past producers include the Tomingley Mine (Orogenic), London - Victoria Mine (Orogenic) and Peak Hill (High Sulphidation - Epithermal). Gold assay results have been received for the initial program of ten Reverse Circulation holes at the Calarie deposit. The holes targeted the main zone of primary mineralisation between 6310157N and 6309956N, that extends over a known, north - south strike length of 600m in ML739. The holes were drilled adjacent to historical drill lines with depths between 66 to 198m. Workings associated with the old Lachlan mine were intersected in four of the holes (OCRC001: 42-43m, OCRC003: 120-123m, OCRC004: 28-30m and OCRC007: 42-43m). OCRC002 was abandoned at 36m due to collar problems and redrilled as OCRC003. Significant gold mineralisation was intersected in all drill holes. Recent Insider Transactions • Feb 05
Independent Non-Executive Chairman recently bought AU$64k worth of stock On the 31st of January, John Smyth bought around 399k shares on-market at roughly AU$0.16 per share. In the last 3 months, there was an even bigger purchase from another insider worth AU$549k. John has been a buyer over the last 12 months, purchasing a net total of AU$125k worth in shares. Ankündigung • Dec 16
Orange Minerals NL Completes Phase 1Drill Program at the Calarie Gold Project (Calarie) in NSW Orange Minerals NL announced that it has completed a Phase 1drill program at the Calarie Gold Project (Calarie) in NSW. About the Calarie Maiden Drill Program: Ten RC holes have been completed in the Phase 1 drill program at Calarie. A total of 1,044 metres were drilled. The drilling was planned to validate historical drill holes and look to extend mineralised horizons previously intersected. RC drill samples have been dispatched to the laboratory for assay with results expected to be received in February 2022. Following the receipt of assay results the Company intends to undertake a resource review and commence planning the Phase 2 Calarie drill program. 