OzAurum Resources Ltd. (AU:OZM) has released an update.
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OzAurum Resources Ltd has entered into a significant agreement with Line Hydrogen Pty Ltd and BIM Metals Pty Ltd to conduct a fully funded feasibility study for the Mulgabbie North Heap Leach project in Western Australia. This strategic move could potentially lead to a joint mining operation with shared profits, highlighting OzAurum’s commitment to expanding its gold production capabilities. Additionally, promising soil sampling results from its Salitre Niobium project in Brazil bolster the company’s exploration prospects in valuable rare earth elements.
For further insights into AU:OZM stock, check out TipRanks’ Stock Analysis page.