Orange Minerals – Lennon’s Find Project: Rock Chips to 2,948 g/t Ag ahead of first deep IP test - Some Silver Signs or Is there Something More Interesting To Come.
- Noel Ong
- 16 hours ago
- 6 min read
Announcement
Orange Minerals NL (ASX: OMX) has released new surface sampling results from the Lennon’s Find polymetallic project in the Pilbara, with rock chips returning standout precious and base-metal grades along a 4.5 km mineralised corridor (Figure 1). The company is moving to a single 650m diamond hole in early November to directly test a pronounced induced polarisation (IP) anomaly interpreted as a potential feeder to the known zinc-lead-silver system.
Figure 1: Lennon’s Find Project location (source: OMX)
Highlights - A Silver Story?
(Figure 2)
Rock chips confirm high-grade mineralisation along 4.5 km trend, including:
2,948 g/t Ag, 3.55 g/t Au, 17.4% Pb (sample OLRS38)
746 g/t Ag, 3.4% Cu (OLRS22)
5.5 g/t Au & 22.4% Pb (OLRS35)
583 g/t Ag, 5.29% Cu & 5.70% Zn (OLRS20)
First deep test of the system: 650 m diamond hole scheduled for early November to drill the centre of a strong IP anomaly beneath the near-surface resource.
EIS support: WA Government Exploration Incentive Scheme grant of A$110,930 to part-fund the program.
Existing resource at surface: 1.55 Mt @ 5.9% Zn, 0.2% Cu, 1.6% Pb, 0.28 g/t Au, 84 g/t Ag (near-surface; no prior deep drilling).
Figure 2: Lennon’s Find Project conceptual VHMS model. (source: OMX)
Orange Minerals Managing Director, Mr Chris Michael, commented:
“The rock chip sampling has continued to confirm the strength of the mineralised corridor and refined our understanding of the system’s geometry. The upcoming 650-metre diamond hole will directly test the centre of the IP anomaly, which we interpret as the potential feeder zone of a larger VMS system beneath the surface.”
Project snapshot
Location: Lennon’s Find, ~75 km SE of Marble Bar, Pilbara, WA (M45/368).
Style: stratiform, lenticular VMS-style Zn–Pb–Cu–Ag–Au associated with barite, hosted in the upper Duffer Formation (Warrawoona Group) beneath/near the Apex Basalt contact.
Known deposits along strike: Grey Nurse, Tiger, Hammerhead, Mako, Bronze Whaler (evenly spaced along the ~4.5 km corridor).
Resource (near-surface): 1.55 Mt @ 5.9% Zn, 0.2% Cu, 1.6% Pb, 0.28 g/t Au, 84 g/t Ag.
Planned work: single 650 m diamond hole in Q4 2025 (early November start) to test the deep IP target below Hammerhead.
What’s new on the ground
(Figure 3)
Orange collected 35 new rock chip samples to validate historical work and infill gaps where the mineralised surface expression thins or is offset by NE–SW faulting.
Figure 3: Rock chip locations along the 4.5km mineralised trend identified at the Lennon’s Find Project. (source: OMX)
The best values include peak assays of Ag 2,948 ppm, Au 5.50 ppm, Cu 5.29%, Pb 22.40%, and Zn 5.70% (Figure 3). Sample locations and significant results are compiled in Table 1.
Table 1. Lennon’s Find Project significant rock chip assays.
November diamond drill program (first deep test)
Hole: 650 m diamond tail to test the centre of the IP anomaly situated beneath the existing resource in the Duffer Formation.
Target concept: a VMS feeder zone below zinc-barite-rich gossans that may represent distal expressions of a deeper core.
Rationale: the September 2024 IP survey—extending earlier 2018 work and preceded by soil geochemistry—defines an anomaly coincident with a linear magnetic trend and an overlying fault, increasing prospectivity.
Geophysical & geochemical framework (why the hole is where it is)
(Figure 4)
IP anomaly: pronounced response directly beneath near-surface mineralisation and resource outlines.
Magnetics & structure: IP high is coincident with a linear magnetic feature and a mapped fault zone.
Soils: historical soils (Laconia 2012; 134 samples on 200 m spacing) show zinc anomalism tracking the main gossan trend (to 1,470 ppm Zn), with Cu–Au elevation influenced by mafic units and structures—supporting the drill targeting (Figure 4).
Figure 4: Lennon’s Find historical soil geochemistry. (source: OMX)
About Orange Minerals NL
OMX is positioned in proven belts with a near-term focus on advancing a concentrated set of gold, base-metal, and critical minerals targets. The Company’s strategy is rapid, aggressive exploration across key assets, currently prioritising:
NSW: Calarie & Wisemans Creek (gold/base metals)
WA: Majestic/Kurnalpi (gold), Lennon’s Find (base metals), and Mulga Rocks (uranium/critical minerals)
Samso Concluding Comments
Orange is an intriguing story of lots of little projects and some potential corporate moves that are clearly observed with the recent share price movements (Figure 5). The Lennons Find project does show some interesting geology, and the delivery of high-grade silver is interesting; however, as I am highlighting, the recent share price movement for what I call substandard projects is more important.
Figure 5: The share price chart for OMX as of the 24th October 2025. (source: Commsec)
I am not indicating that the present projects are not good, I am just alluding to the fact that the recent share price movement is not reflecting the news that has come out from the projects. What one thinks of this comment should be part of your DYOR process.
Look at the path that most of the company stories have evolved, and you will see a similarity. Is there a silver project developing at Lennons Find, or is there something that may come and add to the portfolio?
Look out for our upcoming Samso Insights, where we will discuss some of these types of projects. Let's see if the news develops before the release of our thoughts. In the meantime, keep doing your DYOR.
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