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OzAurum Resources Ltd. ( (AU:OZM) ) has shared an update.
OzAurum Resources Ltd has announced promising high-grade gold results from its reverse circulation drilling at the Mulgabbie North Gold Project, reinforcing the project’s potential for significant resource growth and near-term development. The results, particularly from the James, Ben, and Cross Fault Prospects, support the company’s strategy to advance its heap leach development and transition to a developer, with ongoing metallurgical testwork and grade control drilling scheduled to optimize pit design and infrastructure planning.
More about OzAurum Resources Ltd.
OzAurum Resources Ltd is a company operating in the mining industry, focusing on gold exploration and development. Its primary project is the Mulgabbie North Gold Project located in the Eastern Goldfields of Western Australia, where it aims to expand its gold resources and transition from an explorer to a developer.
Average Trading Volume: 672,335
Technical Sentiment Signal: Sell
Current Market Cap: A$14.43M
For detailed information about OZM stock, go to TipRanks’ Stock Analysis page.