Orion Gold NL (ASX: ORN) is an Australian minerals explorer which is aiming to deliver shareholder value by exploring and developing its high quality portfolio of projects located in world class mineral provinces across Australia.
In April 2014, Argonaut initiated research coverage of Orion’s operations. To view a copy of the initial research report, entitled “Vectoring-in on a Fraser Range Discovery”, please follow this link
Orion has active exploration programs underway at:
The Fraser Range Gold-Nickel Project in WA - a sizable land package holding of granted tenements located in the Fraser Range belt between the world class Tropicana gold deposit and the Nova nickel prospect, where exploration is targeting Nova-style nickel-copper discoveries.
The Walhalla Gold Project in Victoria - a world class gold field and the State's sixth largest historical gold producing region with over 400 known reef and alluvial deposits and historic production of +4Moz. Cohen's reef, which is located within the Walhalla tenement, produced gold finding of approximately 1.5Moz up to 1914. In addition, to its significant gold potential, Orion is also focusing on related copper, nickel and PGE mineralisation as part of a major rethink of the mineral potential of this region based on a new structural geological model.
The Aurora Flats Epithermal Gold Project in central Queensland - located on the same geological structures as other significant epithermal systems such as Cracow, Rannes, Mt Mackenzie and Mt Carlton with Orion presently holding two EPM licences and one application pending, all covering an area of approximately 596km2.