ORR - OreCorp Limited - Aussie Stock Forums

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  1. #1

    Post ORR - OreCorp Limited

    Silver Stone Resources Limited (SSZ) has a 100% interest in the Cheriton's East Project. The Cheriton's East Project covers a total area of 58.3km2 and overlies the southern strike extension of the Redwing gold mineralisation. The Cheriton's Project is located 48km south-east of Marvel Loch in the Eastern Goldfields of Western Australia.

    The Project area is situated in the Southern Cross Province in the south-west corner of the Archaean Yilgarn Craton. It lies within the north-northwest trending Southern Cross Greenstone Belt which extends along strike for 300km from Mt Jackson in the north, to Hatters Hill in the south.

    The Project is considered to have the potential to host major low to medium grade gold mineralisation, subject to deeper drilling. There is also potential for the identification of sulphide nickel mineralisation towards the western side of the lease.

    In addition to its 100% interest in the Cheriton's East Project, the Company intends to pursue new projects in the resources sector, both in Australia and overseas, by way of acquisition or investment.


  2. #2
    Make the drill work for YOU springhill's Avatar
    Join Date
    Jun 2007
    Mental Institution

    Default Re: SSZ - Silver Stone Resources

    MC - $4m
    SP - 16.5c
    Shares - 25m
    Options - 8m
    Cash - $3.5m

    Pure speculator with SSZ at the moment, no other reason to keep an eye on it than the sampling results due this quarter.

    During the quarter the Company undertook MMI geochemical sampling program of the project. The program involved over 1,000 soil samples being taken and the assay results are anticipated to be available this quarter.

    In addition the Company completed a loyalty option entitlement issue pursuant to which 7,907,500 listed options exercisable at $0.20 on or before 7 May 2015 were issued raising approximately $75,000.

    The Company also continues to actively seek new natural resources investment opportunities in order to grow the size and diversity of the Company’s portfolio. The Company has reviewed several projects during the quarter in this respect.
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  3. #3

    Default Re: ORR - OreCorp Limited

    On March 12, 2013, Silver Stone Resources Limited (SSZ) changed its name to OreCorp Limited (ORR).

  4. #4

    Default Re: ORR - OreCorp Limited

    Quote Originally Posted by System View Post
    On March 12, 2013, Silver Stone Resources Limited (SSZ) changed its name to OreCorp Limited (ORR).
    And today it closed at 67c (up 34%) on volume of 1.3 million, as a result of the company's presentation today that can be found by clicking on the link.


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