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OzAurum Resources Ltd. ( (AU:OZM) ) has shared an update.
OzAurum Resources Ltd has announced significant high-grade gold results from its infill drilling program at the Paleochannel Zone within the Mulgabbie North Gold Project. The drilling confirmed substantial gold mineralization, enhancing the potential for resource upgrades and supporting the ongoing Mulgabbie Heap Leach Feasibility Study. The company is also conducting further drilling and metallurgical testwork to advance the project, which is seen as a key asset for future growth and value creation for shareholders.
More about OzAurum Resources Ltd.
OzAurum Resources Ltd is a company operating in the gold mining industry, focusing on exploration and development of gold resources. The company is primarily engaged in the exploration and potential development of gold deposits, with a significant focus on the Mulgabbie North Gold Project in Western Australia.
YTD Price Performance: 300.0%
Average Trading Volume: 6,133,304
Technical Sentiment Signal: Sell
Current Market Cap: A$27.2M
For a thorough assessment of OZM stock, go to TipRanks’ Stock Analysis page.