• Line Hydrogen withdraws from Feasibility Study, allowing OZM to take full control
• Metallurgical testwork reset with world-class expertise from Kappes Cassiday & Associates
• Inhouse percolation testwork delivers excellent results, exceeding industry benchmarks

OzAurum Resources Ltd (ASX: OZM) is pleased to provide shareholders with an update on the Mulgabbie North Gold Project heap leach Feasibility Study. Key highlights include:- Line Hydrogen (Australia) Pty Ltd, currently under external administration, has sought to withdraw from the Mulgabbie North Feasibility Study through a Deed of Release. This allows OZM to take full control over the project and study's direction.- Metallurgical testwork completed to date by Line Hydrogen was limited, providing OZM the opportunity to reset the study on a stronger technical foundation.- OZM has engaged Burnt Shirt Pty Ltd to oversee the Feasibility Study, ensuring transparent and independent technical management.- OZM has appointed Randall Pyper of Kappes Cassiday & Associates Australia (KCAA) - globally recognised leaders in heap leach testwork and design - to lead inhouse metallurgical testwork and provide ongoing technical input.- Under KCAA's guidance, OZM has begun percolation testing in its own laboratory facilities in Coolgardie, WA, at no additional cost to shareholders. Initial percolation testwork on the highest clay content paleochannel samples has so far delivered excellent outcomes, with an average percolation rate of 57,200L/hr/m2 across 37 tests.- Reverse Circulation (RC) drilling at the Mulgabbie North Cross Fault and additional drill holes at the James and Ben Prospects will provide samples to support testwork and optimise processing pathways.