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Additional Information
Market: ASX
Sector: General Mining
EPIC: ORD
Latest Price: 0.04  (0,00%)
52-week High: 0.12
52-week Low: 0.04
Market Cap: 19.90M
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Ord River Resources
www.ord.com.au/index.aspx

Ord River Resources (ASX: ORD) is a minerals exploration and development company with projects in copper, bauxite and gold.

 

ORD has identified undeveloped bauxite resources on the Bolaven Plateau, Southern Laos, potentially one of the world’s largest. Initial exploration indicates that the Laos bauxite deposits may have the potential to support an industry, as large as Western Australia’s Darling Ranges’ deposits which produce 14% of the world’s alumina.

Full Ord River Resources profile here
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Ord River Resources plans exploration at Copper Flats and Suplejack

29th Jul 2010, 9:23 am

Ord River Resources (ASX: ORD) has reported that ORD’s Exploration Manager Robert Meade is leading a team to carry out exploration work on Copper Flats in Western Australia, and Suplejack in the Northern Territory, starting on 1 August 2010.

Meade will spend 15 days out in the field and from 1st to 8th August will travel to Copper Flats to conduct detailed geological mapping of a third highly prospective area where greater than 1% copper mineralization has been located in reconnaissance rock chip sampling.

Detailed geological mapping of Areas 1 and 2 has been completed by Rob Harley of Rangott Exploration during the June‐July 2010 period, confirming the presence of wide‐spread malachite copper mineralisation within brecciated basalts and limestone units.

ORD said mineral exploration activities within the Copper Flats Project is designed to target coppersilver mineralization akin to the Michigan Model, U.S.A.

The detailed geological mapping work will better define the relationship between mineralization and host lithology and structure, and thus assist with definition of prospective areas warranting ground geophysical surveying.

Interpretation of all mapping data will be completed in August, prior to the determination of all ground geophysical surveys.

ORD intends to undertake drilling of prioritized targets resulting from geological mapping and ground geophysical survey activities.

Following completion of geological mapping at Copper Flats, Meade will then travel to ORD’s Suplejack Gold Project in the Tanami Region of the Northern Territory.

He will spend 6 days evaluating the geological setting at Tregony, PhD, Trucks, Maly’s Knob, Boco, and Central Prospect areas, in an endeavour to significantly improve the understanding of the structural setting hosting anomalous gold mineralization.

The company said this work will form the basis for determination of an aggressive exploration program at Suplejack Gold Project dominated by drilling.

ORD said it will strive to fast‐track preliminary exploration activities to facilitate the commencement of this drilling program in 2010 prior to the onset of the wet season.

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