OzAurum Resources Updates Mulgabbie North Development
Key points
- Water bore drilling underway to secure water supply
- Heap leach agglomeration plant transport completed
- Site foundations ready for plant installation
- Civil works and permitting progress well
- Considering strategic options for Patricia project
Full summary
OzAurum Resources Ltd (ASX: OZM) is pleased to provide an update on construction progress at its Mulgabbie North gold project. Key milestones include the commencement of water bore drilling to secure a reliable water supply for Stage 1 and flow testing for Stage 2, which is expected to reduce capex and opex. The majority of the heap leach and agglomeration plant has been transported to Kalgoorlie, and site foundations are now ready for plant installation. Civil works are progressing well, with topsoil stripping and site road upgrades completed. The Dangerous Goods permit is under assessment, and other major permits are already secured. The company is also considering strategic options for the Patricia Gold Project to unlock shareholder value.
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