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Ozz Resources Ltd ( (AU:OZZ) ) has issued an announcement.
Ozz Resources Ltd has released its quarterly activities report for March 2025, highlighting progress in its Maguires Reward project. The company has applied for additional ground to expand its exploration efforts and accommodate mine infrastructure. A scoping study conducted by Resolve Mining Solutions indicates the potential for profitable mining operations at the Old Prospect North and South deposits, with significant mineral resources available for extraction. The study suggests positive cash flow potential at current gold prices, with further investigations planned to refine cost estimates. The company is also conducting soil sampling to identify geochemical anomalies that could guide future drilling efforts.
More about Ozz Resources Ltd
Ozz Resources Ltd is a company operating in the mining industry, focusing on gold exploration and development projects. The company is engaged in exploring and potentially mining gold deposits, with a particular emphasis on projects located in the Murchison Province of Western Australia.
Technical Sentiment Signal: Buy
For a thorough assessment of OZZ stock, go to TipRanks’ Stock Analysis page.