Orion's drill results keenly awaited

MINING entrepreneur Denis Waddell professed he wasn’t much interested in opportunities in South Africa when he went to look at the big Prieska copper mine in Northern Cape in 2015. But he came away “amazed”.

Orion's drill results keenly awaited Orion's drill results keenly awaited Orion's drill results keenly awaited Orion's drill results keenly awaited Orion's drill results keenly awaited

So impressed was he at the scale and potential that the ASX-listed company he chairs, Orion Gold, subsequently signed an option agreement over it and another nearby project, before adding a third project in Northern Cape to the portfolio.

And Orion now has six drill rigs in action – two at each project – with a slew of results due from some big ticket base metal and gold prospects between now and Christmas.

Fair to say Waddell’s scepticism wasn’t (and isn’t) rare.

South Africa doesn’t have the greatest name as an investment destination for ASX juniors, with former platinum company Aquarius one of the very few to immediately spring to mind when searching for success stories over the past 10-20 ye...

topics

loader