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OzAurum Resources Initiates RC Drilling at Mulgabbie North

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OzAurum Resources Initiates RC Drilling at Mulgabbie North

OzAurum Resources Ltd. ( (AU:OZM) ) has shared an update.

OzAurum Resources Ltd has commenced a Reverse Circulation (RC) drilling program at its Mulgabbie North Gold Project, targeting the New Cross Fault Gold Discovery. The program consists of 20 holes totaling 1500 meters, aiming to explore shallow, high-grade gold mineralization identified in previous aircore drilling. This initiative marks a significant step in the company’s exploration strategy, potentially enhancing its position in the gold mining sector and delivering value to stakeholders. The results of the assays are expected in the coming weeks, which could further impact the company’s operations and strategic direction.

More about OzAurum Resources Ltd.

OzAurum Resources Ltd is a company operating in the mining industry, focusing on gold exploration and development. The company is primarily engaged in the discovery and development of gold deposits, with a market focus on the Eastern Goldfields of Western Australia.

YTD Price Performance: 126.67%

Average Trading Volume: 5,384,094

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$13.43M

Learn more about OZM stock on TipRanks’ Stock Analysis page.

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