An announcement from OzAurum Resources Ltd. ( (AU:OZM) ) is now available.
OzAurum Resources Ltd has announced significant results from its reverse circulation drilling program at the New Cross Fault Gold Discovery within the Mulgabbie North Gold Project. The drilling confirmed high-grade gold mineralization over a 400-meter strike length, indicating a substantial gold system. This discovery enhances the project’s potential, with further drilling underway and diamond drilling set to commence. The results are expected to significantly boost the value of the Mulgabbie North Gold Project, marking a pivotal moment for the company.
More about OzAurum Resources Ltd.
OzAurum Resources Ltd is a company operating in the gold exploration industry, focusing on discovering and developing gold resources. Its primary market focus is on the Mulgabbie North Gold Project, where it aims to enhance its gold resource base through strategic drilling programs.
YTD Price Performance: 123.33%
Average Trading Volume: 5,069,806
Technical Sentiment Signal: Sell
Current Market Cap: A$15.18M
For an in-depth examination of OZM stock, go to TipRanks’ Stock Analysis page.