Strong High-Grade Gold Results at Mulgabbie North
| Stock | Ozaurum Resources Ltd (OZM.ASX) |
|---|---|
| Release Time | 11 Nov 2025, 8:53 a.m. |
| Price Sensitive | Yes |
Strong High-Grade Gold Results Strengthen Growth Potential at Mulgabbie North
- High-grade gold intercepts confirm and expand shallow mineralization across the James, Ben, and Cross Fault Prospects
- Drilling results support the Company's heap leach development strategy at the James Stage 1 area
- Metallurgical testwork and grade control drilling underway to advance the project towards near-term development
OzAurum Resources Ltd (ASX: OZM) is excited to report further high-grade gold results from its reverse circulation (RC) drilling at its Mulgabbie North Gold Project, located in the Eastern Goldfields of Western Australia. The latest results continue to confirm and expand shallow high-grade gold zones across the James, Ben, and Cross Fault Prospects, reinforcing the project's potential for significant resource growth and near-term development. Highlights include high-grade intercepts such as 5m @ 5.37 g/t Au, 6m @ 3.68 g/t Au, and 7m @ 2.46 g/t Au. The drilling within the Stage 1 open-pit area at James has confirmed the continuity of high-grade mineralization, supporting the Company's heap leach development strategy. OzAurum is progressing with metallurgical testwork, grade control drilling, and site layout and design work to advance the project towards near-term development. The Cross Fault discovery, located just 2km south of the existing 260,000oz Mineral Resource, continues to yield impressive intercepts, demonstrating strong potential for resource additions along the prospective Relief Shear.
The Company is progressing a staged heap leach development strategy at Mulgabbie North, with Stage 1 designed to fast-track permitting and development. Metallurgical testwork and grade control drilling are underway to support the initial development plans.