OzAurum Resources Ltd. ( (AU:OZM) ) just unveiled an announcement.
OzAurum Resources Ltd announced significant progress in its Mulgabbie North Gold Project during the March 2025 quarter, with new high-grade gold discoveries at the Cross Fault and Paleochannel zones. The company completed successful drilling programs, confirming substantial gold mineralization and advancing towards trial open pit mining and heap leach designs. Additionally, OzAurum raised $1.746 million in capital, bolstering its financial position to continue exploration and feasibility studies, positioning the company for potential near-term production and increased shareholder value.
More about OzAurum Resources Ltd.
OzAurum Resources Ltd is a company in the mining industry, primarily focusing on gold exploration and development. Its main project is the Mulgabbie North Gold Project located in the Eastern Goldfields of Western Australia.
YTD Price Performance: 300.0%
Average Trading Volume: 6,356,127
Technical Sentiment Signal: Sell
Current Market Cap: A$27.22M
For an in-depth examination of OZM stock, go to TipRanks’ Stock Analysis page.