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OzAurum Resources Ltd. ( (AU:OZM) ) has issued an announcement.
OzAurum Resources Ltd has announced a new high-grade gold discovery at its Mulgabbie North Gold Project, located in the Eastern Goldfields of Western Australia. The discovery, confirmed through aircore drilling, includes multiple shallow high-grade intercepts along the Relief Shear, indicating a promising new target within the project. This find aligns with historical data, underscoring the area’s potential for substantial gold deposits and highlighting opportunities for further resource expansion. The company plans to continue its drilling efforts to explore the full extent of this new zone, aiming to enhance its mineral resource inventory and deliver significant growth for stakeholders.
More about OzAurum Resources Ltd.
OzAurum Resources Ltd is a company engaged in the exploration and development of gold projects, primarily focusing on the Eastern Goldfields of Western Australia, with a significant interest in the Mulgabbie North Gold Project.
YTD Price Performance: 20.0%
Average Trading Volume: 231,730
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$7.1M
Learn more about OZM stock on TipRanks’ Stock Analysis page.