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OzAurum Resources Ltd. ( (AU:OZM) ) just unveiled an announcement.
OzAurum Resources reported continued progress in the December 2025 quarter on the feasibility study for its Mulgabbie North Gold Project, highlighted by high-grade shallow gold intercepts at the James, Ben and Cross Fault prospects that bolster the case for resource expansion and confirm strong open-pit potential at the James Stage 1 area. Metallurgical testwork demonstrated exceptional heap-leach amenability, with percolation rates far exceeding industry benchmarks and early column leach results indicating robust gold recoveries, while the company advanced permitting through lodging key mining approvals, secured a heap leach agglomeration process plant, maintained operational momentum in Brazil, and strengthened its balance sheet via a $4.1 million strategic placement that introduced Forrestania Resources as a 19.9% cornerstone shareholder, supporting OzAurum’s push toward low-cost, near-term production in a record Australian gold price environment.
The most recent analyst rating on (AU:OZM) stock is a Sell with a A$0.08 price target. To see the full list of analyst forecasts on OzAurum Resources Ltd. stock, see the AU:OZM Stock Forecast page.
More about OzAurum Resources Ltd.
OzAurum Resources Ltd is an ASX-listed gold exploration and development company focused on advancing its Mulgabbie North Gold Project in Western Australia, targeting a low-cost, scalable heap-leach operation. The company also maintains exploration activities in Brazil, where it is preparing ground magnetometer surveys to enhance efficiency over a niobium soil anomaly area.
Average Trading Volume: 708,657
Technical Sentiment Signal: Buy
Current Market Cap: A$19.7M
For a thorough assessment of OZM stock, go to TipRanks’ Stock Analysis page.