The Company is the 100% owner of two long-held gold projects, Mulgabbie North and the Patricia Deposit, in one of the richest and most prolific gold-producing belts in Australia.
OzAurum’s advanced exploration work has focussed on 8km of strike along the Relief Shear adjacent to Northern Star’s (ASX: NST) Carosue Dam Mine and the adjoining 3.5 Moz NST Karari and Whirling Dervish gold mines.
Previously underexplored with limited drilling despite significant gold endowment in the belt. Gold mineralisation is open at depth and along strike. Work at Mulgabbie North shows the Project has all the hallmarks indicating potential for a significant gold discovery.
OzAurum is progressing a staged heap leach development strategy at Mulgabbie North designed to deliver early gold production and self-funded growth. Work continues including drilling, pit design, permitting as OzAurum work towards Feasibility Study.
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Andrew Pumphrey, founder of OzAurum, is a geologist and mine surveyor with over 30 years experience in the resources industry. He has extensive field experience in exploring for gold, nickel, silver and zinc throughout Western Australia, and has been involved with several underground and open-pit gold operations.
