Heap Leach Process Plant Secured for Mulgabbie Gold Project

• Critical Processing Infrastructure Secured
• Proven, Industry-Leading Design
• Production-Ready Capacity with Growth Optionality
• Low Capital Development Pathway
• De-Risked Technical Performance

OzAurum Resources Ltd (ASX: OZM) has secured 100% ownership of a complete Heap Leach Agglomeration Process Plant, removing a major development risk and materially advancing the Mulgabbie North Gold Project toward production. The plant was designed by internationally recognised heap leach specialists Kappes Cassidy & Associates and has a strong operating history at successful Western Australian projects. Designed to operate at 100 tonnes per hour, the plant is suitable for the proposed Stage 1, 2 & 3 development at Mulgabbie North, supporting a scalable processing rate of up to ~350,000 tonnes per annum on day-shift only operations. Securing this key plant under favourable terms delivers a very low upfront capital cost base. Ores treated using this agglomerator have demonstrated strong metallurgical performance, achieving gold recoveries of up to 80-90% on comparable ore types in prior heap leach operations, underpinning confidence in future recoveries at Mulgabbie North. The plant will be relocated 30 km to the Coolgardie industrial workshop for refurbishment, allowing the Company to control costs, timelines and quality using in-house resources and local contractors. Initial inspections indicate refurbishment requirements are limited primarily to electrical and mechanical checks, with all components being standard and readily available, reducing refurbishment risk and lead times.

With the Australian gold price at approximately A$6,800/oz, OzAurum is well positioned to fast-track feasibility and development activities to capitalise on strong market conditions. Securing this heap leach agglomeration plant is a major milestone for OzAurum and materially de-risks the development pathway for the Mulgabbie North Gold Project.