• High-grade gold confirmed in fresh rock at Cross Fault zone
• Metallurgical testwork supports low-cost, scalable heap-leach development
• Feasibility study progressing with global experts Kappes, Cassiday & Associates

OzAurum Resources Ltd (ASX: OZM) reported a pivotal quarter of progress at its flagship Mulgabbie North Gold Project in Western Australia's Eastern Goldfields. The September 2025 quarter delivered exceptional high-grade gold intercepts from drilling at the newly identified Cross Fault zone, including 10m @ 2.18 g/t Au, 21m @ 1.22 g/t Au, and 7m @ 3.14 g/t Au. The drilling confirmed significant high-grade gold mineralisation over a 400m strike length, validating this emerging discovery. Broad sulphide zones and gold-bearing quartz veins were observed, indicating strong potential for further depth extensions. A follow-up RC drill program was executed to extend the high-grade mineralization and collect samples for feasibility analysis. Metallurgical test work continued to deliver exceptional percolation rates, exceeding industry benchmarks and supporting the potential low-cost, scalable heap-leach development pathway at Mulgabbie North. The company has regained full control of the Feasibility Study following the withdrawal of Line Hydrogen, enabling it to advance the project on its own timeline and in the best interests of shareholders. OzAurum has appointed global heap-leach experts Kappes, Cassiday & Associates Australia to oversee and advise on the design and operation of the project. The company has also engaged specialist environmental consultants to expedite key approvals for the proposed heap-leach operation on the granted Mining Lease M28/240, a critical milestone toward production readiness.

With Australian gold prices at record highs around A$6,000 per ounce, OzAurum's focus remains unwavering to fast-track Mulgabbie North toward development and maximize long-term value for shareholders.