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OzAurum Resources Ltd. ( (AU:OZM) ) has provided an announcement.
OzAurum Resources Ltd has reported significant progress in its feasibility studies at the Mulgabbie North Gold Project, with heap leach tests showing percolation flow rates well above industry standards. This development supports the project’s potential for low-cost gold production, with further testwork and permitting underway to advance towards a Stage 1 starter operation. The company is also working on site layouts for future stages and anticipates positive economic impacts due to the high Australian gold price.
More about OzAurum Resources Ltd.
OzAurum Resources Ltd is a company operating in the mining industry, focusing on gold exploration and development. Its primary project is the Mulgabbie North Gold Project in Western Australia, where it aims to establish a low-cost, scalable heap leach operation to capitalize on the region’s gold resources.
Average Trading Volume: 689,477
Technical Sentiment Signal: Sell
Current Market Cap: A$16.5M
See more data about OZM stock on TipRanks’ Stock Analysis page.