At a Glance

Oracle Power PLC is an international power and natural resource project developer listed on London’s AIM market. The Company is focussed on delivering reliable power in high growth markets and unlocking the value of highly accretive natural resource assets in prospective regions.

Its initial project is the Block VI Project in the Thar desert in the south-east of the Sindh province of Pakistan.  The Thar Project is a 66.1 sq km licence containing 1.4 billion tonnes of coal, where the Company, with its partners China National Coal Development Company Ltd. (CNCDC) and the private office of His Highness Sheikh Ahmed Bin Dalmook Juma Al Maktoum, is advancing a combined lignite coal mine, a 1,320MW mine mouth power plant and a proposed coal gasification to urea project.

Oracle is also developing two gold mining projects  in Western Australia, the Jundee East Project and the Northern Zone Project. Both tenements are located in world class mining districts. The Jundee East Project is formed of one exploration licence covering approximately 89.3 sq km located in a previously unrecognised greenstone belt. The Northern Zone Project is comprised of one prospecting licence covering an area of 82 hectares in a highly prospective area for gold. There is active exploration ongoing at both sites currently.