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.