OzAurum Resources Scores Excellent Drilling Results from Mulgabbie North

THE DRILL SERGEANT: OzAurum Resources’ (ASX: OZM) timing in the lead up to the RIU Explorers Conference next week was spot on with the release of drilling results from the company’s Mulgabbie North project located in the Eastern Goldfields of Western Australia.

OzAurum Resources reported high-grade gold results from recently completed Reverse Circulation (RC) and Diamond drilling programs at the Mulgabbie North project, including:

MNODH 014
13 metres at 4.6 grams per tonne gold from 21m, including 1m at 22.7g/t gold from 21m and 1m at 22.1g/t gold from 22m; and

MNORC 208
23m at 2.46g/t gold from 56m, including 6m at 5.1g/t gold from 70m.

OzAurum explained the gold mineralisation at Mulgabbie North is consistent with gold grades over wide zones demonstrating repeatability of twinned holes providing the company with considerable confidence in the project moving forward.

Mulgabbie North gold mineralisation is open along strike and at depth with many targets still to be drill tested with future RC drilling.

“The company continues to make exciting progress at Mulgabbie North,” OzAurum Resources CEO and managing director Andrew Pumphrey said in the company’s ASX announcement.

“Further excellent drilling results continue from the Mulgabbie North roject with the Mineral Resource Estimate scheduled to be released in Q2 2023 – representing a huge milestone for the company.

“First sighter heap leach Metallurgical results will be released shortly aimed at providing potential treatment options.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE