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OzAurum Resources (ASX: OZM) has reported the first batch of results from a major grade control drilling campaign at its Mulgabbie North Gold Project in Western Australia’s Eastern Goldfields. The OzAurum Resources Mulgabbie North high grade shallow gold drilling results come from 84 reverse circulation holes totalling 3,010 metres, representing just the first phase of a planned 18,000-metre grade control programme.
The company has intersected high-grade, near-surface gold across multiple drill holes within an ancient river system stretching more than 4 kilometres in interpreted strike length. With mineralisation remaining open along the full ancient river trend, and an existing ~260,000-ounce Mineral Resource already in place, these early results suggest meaningful upside as OzAurum advances its understanding of this unique gold system.