Ozz Resources Ltd (AU:OZZ) has released an update.
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Ozz Resources Ltd has revealed promising results from a Mining Scoping Study for their Maguires Reward project, indicating the viability of mining several gold pits with positive cash flow potential at current gold prices. The project, situated in a gold-favored geological setting within the Yilgarn Craton, boasts a significant mineral resource estimate of 22 koz of contained gold. As the company seeks partners to advance the project, further detailed studies are planned to refine operating costs and resource estimates.
For further insights into AU:OZZ stock, check out TipRanks’ Stock Analysis page.
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