MEDIA RELEASE 25 January 2021 OCEANAGOLD INTERSECTS ADDITIONAL HIGH-GRADE GOLD MINERALISATION AT WKP IN NEW ZEALAND (BRISBANE) OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the “Company”) announces several additional significant intersections of high-grade gold and silver mineralisation at the Company’s WKP (Wharekirauponga) prospect in New Zealand. The drill results reported herein are exclusively from the Company’s 2020 drill program along the East Graben vein zone. Significant Intersections (true widths) • 22.8 g/t Au and 39.0 g/t Ag over 48.9 metres • 169.0 g/t Au and 164.2 g/t Ag over 3.1 metres • 45.6 g/t Au and 81.5 g/t Ag over 2.2 metres • 41.4 g/t Au and 81.6 g/t Ag over 9.0 metres • 52.2 g/t Au and 28.8 g/t Ag over 3.6 metres Michael Holmes, President & CEO of OceanaGold said, “The drill results at WKP continue to demonstrate the significance of this discovery for OceanaGold, our shareholders and for New Zealand. Much of the drilling to date has focused on the East Graben vein, which represents nearly all the reported resources and this vein is only one of three currently identified major mineralised structures at WKP. Drilling along the East Graben vein zone has defined in excess of 1,000 metres strike that includes multiple, discrete, high-grade gold-silver bearing hanging and footwall veins.”
This area is a game changer IMHO
OGC Price at posting:
$2.43 Sentiment: Buy Disclosure: Held
