Few things concentrate the market’s attention like a high-grade gold hit next door to a producing mine, and Ordell Minerals (ASX:ORD) has been supplying both. The Murchison-focused explorer sits along strike from Ramelius Resources’ Eridanus deposit, and its Barimaia project has thrown up bonanza-grade intercepts while a 15,000-metre drilling campaign works through the ground. With bullion trading near record highs, junior explorers with a credible discovery narrative and cash in the bank have been among the market’s more active names, and Ordell shares are on the radar.

Latest company developments

Through the year the company has reported repeated high-grade results from Barimaia and…