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.