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OzAurum Resources (ASX: OZM) has released the second batch of results from its reverse circulation (RC) grade control drilling programme at the Paleochannel Project within its Mulgabbie North Gold Project in Western Australia’s Eastern Goldfields — and the OzAurum Resources Mulgabbie North high grade shallow gold drilling results continue to impress. The latest 84 holes spanning 3,024 metres have returned multiple high-grade, near-surface gold intercepts, reinforcing the quality and consistency of the paleochannel system whilst directly feeding into an ongoing feasibility study targeting a potential heap leach development.
With mineralisation remaining open along a greater than 4 kilometre interpreted paleochannel trend, and an existing ~260,000 ounce Mineral Resource already in place, these results position Mulgabbie North as a project with compelling near-term development potential and meaningful resource growth upside.