near producer with blue sky potential

If you're looking for some blue sky potential then ORS has what you are looking for, without the fear of compulsary cap raisings like other explorers.

You get a big bang for your buck as the company already owns its own refurbished gold production plant with an open cut mine in Wehla and ore from Maldon ready to go in 2011.

It is highly possible that Wehla could be something much larger than what it is known to date with repetitive reef structures.

Also take a look at the W.A sideshow prospect. Octagonal shows promise to find something like the nearby Daisy Milano mine whilst being next to the 12million oz St Ives. Recent drilling looking very promising and helping lead the company to the high grade golding bearing quartz veins.

From SLR webiste "Regionally, previous explorers in the Mount Monger goldfield concentrated on finding near surface, oxidised mineralisation suitable for open pit mining. However, historical mining points to the high grade, quartz reef hosted nature of the mineral field, indicating that the real thrust should have been directed towards finding more Daisy Milano look-a-like structures, where ore grades of over 10 g/t Au could be expected"

Octagonals View "Interpretation of assay results when using broad spaced drilling requires a comprehensive understanding of gold mobility within the weathering profile. Even though the mineralisation style and host rocks targeted at the Sideshow Prospect differ from the nearby + 400,000 ounce Salt Creek Deposit, the significance of the Sideshow Prospect drilling results are best placed into context by comparing them to the discovery history of the Salt Creek Deposit since gold dispersion within the regolith is likely to be similar.
Drilling at the Sideshow Prospect has utilised a 160 metre by 640 metre spaced grid. Regolith drilling at the Salt Creek Deposit which eventually lead to its discovery used a 50 metre by 200 metre spaced grid and intersected 3m @ 0.39 g/t Au, 5m @ 0.23 g/t Au, 4m @ 0.11 g/t Au, and 8m @ 0.52 g/t Au. This drilling defined a 600 metre long greater than 0.1 g/t gold in regolith anomaly (Figure 2).
Gold anomalism in transported Tertiary sediments can also be used to lead towards a primary gold deposit if the gold anomalism is thought to have been locally derived. Mapping of the palaeo-topography (ancient landscape) of the Archaean rocks in the Sideshow Prospect area reveals that drainage runs to the northeast and then east (Figure 1).
This observation suggests that gold mineralisation intersected in transported Tertiary sediments at the Sideshow Prospect may have been locally derived from the south and adds further support for the potential of the area to host a gold deposit. Significant gold anomalism intersected in transported Tertiary sediments includes 1 metre @ 1.49 g/t Au from 13 metres in OSS036, 4 metres @ 0.66 g/t Au from 12 metres in OSS089, and 4 metres @ 0.23 g/t Au from 12 metres in OSS090 (Table 1).
The Company is extremely encouraged by these initial results and intends to complete a closer spaced Aircore drilling program later this year to better define the distribution of gold in regolith anomalism and further assess the potential for this target to host a major gold deposit."

Further information on the Daisy Milano deposit

http://www.silverlakeresources.com.au/Projects/Mount-Monger-Goldfield/Daisy-Milano