Oracle Power (AIM:ORCP) told investors it plans to submit a Native Vegetation Clearing Permit application this month for the Northern Zone Gold Project, part of its Kalgoorlie Gold Project 25 kilometres east of Kalgoorlie in Western Australia.
The international project developer said the permit, along with a site clearance application, requires final fauna and flora reports currently in preparation.
Oracle is also progressing a separate Mine Development and Closure Proposal for the site.
A heritage work area clearance survey has been completed and its final report is being written.
The hydrogeology report is nearing completion, pending a flood model needed to set the topographic boundary for topsoil placement.
Laboratory results for geotechnical, geology and soil testing have been received, with analysis and reporting under way.
The Northern Zone project sits near the Kalgoorlie "Super Pit" at the Golden Mile/Fimiston, one of Australia's best-known gold mining districts.
Submission of the site clearance and vegetation clearing permits is expected this month.
News Intelligence what this means for the company
Oracle Power is submitting regulatory permits this month for the Northern Zone gold project near Kalgoorlie, Western Australia, with fauna, flora, heritage and hydrogeology reports nearing completion. This advances a project for which the company received a granted Mining Lease on 28 April 2026, but the story announces only routine permit submissions and ongoing technical work—no material new development, funding commitment, or timeline acceleration.
The permit submissions are a procedural step toward development, but Oracle Power's core business is upstream oil and gas exploration in Pakistan, not gold mining in Australia. The story does not clarify the strategic role or capital intensity of the Kalgoorlie project relative to the company's primary portfolio, leaving unclear whether this advance materially changes the investment case.
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