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Ozz Resources Ltd ( (AU:OZZ) ) has provided an announcement.
Ozz Resources Ltd has released a quarterly activities report highlighting the progress at its Maguires Reward project. A recent scoping study suggests the potential for profitable gold mining from several pits in the project area, driven by a favorable gold price environment. The study, based on JORC-compliant mineral resources, indicates significant resources available for extraction, with further investigations planned to refine cost estimates. Ozz is seeking a partner to advance the project, aiming to enhance operational accuracy and optimize extraction strategies.
More about Ozz Resources Ltd
Ozz Resources Ltd is a company operating in the mining industry, focusing primarily on gold exploration and extraction. The company is actively engaged in developing its projects within the Yilgarn Craton, an area known for its gold mineralization potential.
YTD Price Performance: -8.33%
Technical Sentiment Consensus Rating: Buy
For detailed information about OZZ stock, go to TipRanks’ Stock Analysis page.
