07:43 AM EST, 11/25/2025 (MT Newswires) -- OceanaGold ( OCANF ) reported Tuesday the latest drill results from its exploration and resource conversion program at the Wharekirauponga property in New Zealand.

The project is located about 10 kilometers to the north of OceanaGold's ( OCANF ) Waihi operation. Drill highlights include 13.9 meters at 25.8 grams per tonne gold, 7.4 meters at 5.3 g/t gold and 1.8 meters at 108.1 g/t gold.

"We are excited about today's drill results from Wharekirauponga that extend the high-grade mineralization at the southern boundary of the resource," President and Chief Executive Officer Gerard Bond said. "With more follow-up drilling planned, I am very pleased with the value and return on investment that we continue to achieve through exploration, as this deposit continues to grow."

Meanwhile, OceanaGold ( OCANF ) said an expert panel appointed by the New Zealand government has released a draft decision for the provisional approval of the Waihi North project under the Fast-track Approvals Act.

The draft decision and conditions remain subject to a further comment period, with a final decision expected by year-end 2025, the company said.

OceanaGold's ( OCANF ) share price rose 3.3% on Monday to C$33 on the Toronto Stock Exchange.