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Mulgabbie Gold Projects

Mulgabbie North Gold Project

Opportunity for multiple deposits in a defined gold corridor

100%-owned Mulgabbie North Gold Project covers 10km of greenstone belt geology in one of the richest and most prolific gold-producing belts in Australia. 

OzAurum is currently exploring 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. Mulgabbie North has all the hallmarks indicating potential for a significant gold discovery.

Alluvial Gold Found On-Site at Mulgabbie

mulgabbie north rc drilling

Unlimited Potential

RC drill testing multiple advanced targets over 8km strike 

Significant RC gold results confirm 1km strike 

Mulgabbie North - Widespread Gold Mineralisation

Right Host Rocks, extensive alteration and mineralisation

Aircore Drilling 

2.8km-long and up to 150m wide zone of widespread gold mineralisation on the Relief Shear situated in gravity low trough similar to the Carosue Dam sequence. 

 

40-80m wide zone of hematite alteration intersected in the bottom of the AC holes – defining a trend striking NW for approximately 2.8kms, and situated 150m west of the Relief Shear.

 

Hematite alteration is the characteristic alteration of the adjacent Norther Star’s Karari and Whirling Dervish Gold Mines. 

 

Intermediate – felsic volcaniclastic host rocks, extensive sericite alteration.

RC Drilling 

Mulgabbie North

OZM Mulgabbie North RC results over 1km strike

10m @ 4.6 g/t gold (Au) including 4m @ 10.26 g/t Au − MNORC 012

14m @ 3.89 g/t Au − MNORC 038

20m @ 1.91 g/t Au from 25m within 46m @ 1.04 g/t Au − MNORC 040

 

Wide Intervals of Gold Mineralisation in RC

44m @ 1.06 g/t Au from 107m − MNORC 033

41m @ 1.00 g/t Au from 42m − MNORC 047

35m @ 1.10 g/t Au from 124m − MNORC 042

 

New Western Primary Gold Mineralisation in RC

20m @ 1.16 g/t Au from 89m − MNORC 088

19m @ 1.02 g/t Au from 112m − MNORC 058

MULGABBIE HOTEL

Historical gold production 1898–1940

Gold was first discovered at Mulgabbie Hotel in 1898 and the field produced 8,000oz of gold at an astounding 34oz (or a little more than 1kg) to the tonne.

 

7,777 oz from 227 t Average grade 34 oz/t bonanza grades. Vendor 1990 Underground tribute mining has produced 30 oz at grade 64.8 g/t. 1,000 oz recent alluvial tribute gold production M28/364 Hotel 2011 2013. Dolerite hosted mineralisation and telluride mineralisation.

 

Significant Intersections include:
RCMC 7 | 19m @ 2.46 g/t Au from surface.

RCMC 3 | 11m @ 2.64 g/t Au from 26m.

RCMC 6 | 13m @ 2.16 g/t Au from 45m

OzAurum | Mulgabbie Hotel Project

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