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OzAurum Resources Ltd. ( (AU:OZM) ) has shared an announcement.
OzAurum Resources Ltd has reported significant progress in its gold exploration activities for the December 2024 quarter. At the Mulgabbie Gold Project, the company identified a new drilling target and commenced a 51-hole drilling program, alongside planning for future exploration and feasibility studies. The Patricia Gold Project showed promising high-grade gold results, suggesting potential for further mineralization. In Brazil, the Salitre Project revealed a widespread niobium anomaly, indicating potential for carbonatite intrusion exploration. Additionally, the company raised $1 million in capital and announced a new board member appointment to strengthen its strategic operations.
More about OzAurum Resources Ltd.
OzAurum Resources Ltd is a company in the mining industry, focused on exploring and developing gold projects in Western Australia and a niobium project in Brazil. Their key projects include the Mulgabbie Gold Project and the Patricia Gold Project in Western Australia, along with the Salitre Project in Brazil.
YTD Price Performance: 3.33%
Average Trading Volume: 241,347
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.11M
For an in-depth examination of OZM stock, go to TipRanks’ Stock Analysis page.
