Northern Zone Project
Northern Zone is an advanced gold project located 25km east of Kalgoorlie, at the heart of Western Australia’s prolific Eastern Goldfields and close to the world-renowned Super Pit.
Oracle holds a 20% interest in the Project alongside ASX-listed Riversgold Limited, which holds 80%. Following extensive exploration and drilling, Northern Zone is now moving towards development as a planned open pit gold operation.
Gold Opportunity
Northern Zone sits within one of Australia’s most established gold mining regions, close to major deposits and operations including Kanowna Belle, Kalgoorlie, Mt Charlotte and Golden Ridge.
Exploration by Oracle and Riversgold has identified a large intrusive-hosted gold system, with successive drilling programmes continuing to expand the known mineralised footprint. The Project has an Exploration Target of 2.5Moz to 4.8Moz of gold, providing a strong foundation for further exploration and development.
Recent drilling has increasingly focused on shallow oxide mineralisation, with results feeding into mine planning. Further drilling is planned to continue defining the scale and extent of the gold system and support a maiden Mineral Resource Estimate.
Northern Zone Project location map showing proximity to the Kalgoorie 'Super Pit'
Path to Mining
Northern Zone has made significant progress towards development. A 21-year Mining Lease was granted in July 2026, and the Project is planned as an open pit operation.
Development and mining will be fully funded by MEGA Resources, Oracle and Riversgold’s development and funding partner, under a Mining and Co-operation Agreement.
With permitting nearing completion, Oracle and its partners are now progressing mine planning and preparations for the commencement of mining operations.
