USD $4,127.96
Goldman 20-hole program targets high-grade gold mineralisation
OzAurum Resources Ltd (ASX: OZM) has commenced a 20-hole, 1,500m Reverse Circulation (RC) drilling program at the New Cross Fault Gold Discovery within the Mulgabbie North Gold Project.
Highlights
- RC Drilling Program Underway: The drilling campaign aims to follow up on previous high-grade aircore intersections.
- Key Aircore Results: Recent aircore drilling returned significant gold intersections, including:
- 16m @ 3.21 g/t Au, including 4m @ 10.22 g/t Au
- 9m @ 6.76 g/t Au EOH, including 4m @ 13.54 g/t Au
- Next Steps: Assay results are expected in the coming weeks.
CEO and Managing Director, Andrew Pumphrey, commented:
This RC drilling program marks a crucial step in our exploration strategy at Mulgabbie North. The program is designed to follow up on the exceptional results from our recent aircore drilling, which identified a new zone of high-grade gold mineralisation.
We are systematically exploring the potential of this discovery, and we look forward to receiving the assay results in due course. We remain committed to advancing the Mulgabbie North project and delivering value to our shareholders. We would also like to extend our thanks to Raglan drilling contractors for making the rig available to us.
