OzAurum Discovers Promising Niobium Anomaly in Brazil

OzAurum Resources Ltd. (AU:OZM) has released an update.

OzAurum Resources Ltd has announced the discovery of a significant niobium anomaly in Brazil, with soil samples revealing high niobium and rare earth oxide levels over a 1km strike length. The findings in the Salitre project area align with a cluster of UV anomalies and heightened gamma radiation, suggesting potential for carbonatite intrusion hosted niobium and REE mineralisation. The company, leveraging its position in the niobium-rich Alto Paranaba Magmatic Province, is gearing up for a detailed follow-up soil sampling and has a diamond drilling rig at the ready pending environmental approval.

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