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The latest update is out from OzAurum Resources Ltd. ( (AU:OZM) ).
OzAurum Resources Ltd has commenced drilling at a newly identified target within its Mulgabbie North Gold Project, located along the highly prospective Relief Shear corridor. This new target, situated 1.3km south of previous drilling, holds significant potential due to its historical mineralisation and strategic location. The drilling program consists of 32 aircore (AC) holes aiming to uncover untapped gold resources. With plans to further explore additional cross fault targets and a 4km paleochannel with high-grade gold intersections, the company is dedicated to advancing its exploration efforts throughout 2025, potentially impacting its resource inventory and shareholder value positively.
More about OzAurum Resources Ltd.
OzAurum Resources Ltd is a company operating in the gold mining industry, focusing on exploration and development of gold resources. The company is actively engaged in projects in Western Australia, with a significant focus on the Mulgabbie North Gold Project, aiming to expand its gold resource inventory.
YTD Price Performance: -13.33%
Average Trading Volume: 207,909
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.13M
Learn more about OZM stock on TipRanks’ Stock Analysis page.
