OreCorp has reported its December 2021 quarterly activities. This was a pivotal quarter for the company with the Special Mining Licence grant allowing the company to kick-off finance and development plans in earnest. At Nyanzaga, drilling was completed on near-mine targets and the DFS was progressed. Subsequent to quarter end, OreCorp announced its intention to demerge its Western Australian assets. In our view OreCorp is poised for a big 2022, we’ll see first drill results from its regional efforts and have some re-cut numbers for Nyanzaga. Maintain Speculative Buy.
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