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OzAurum Resources CEO Andrew Pumphrey Tells JustStocks Video New Gold Discovery Is Hosted in Favourable Sandstone Units

OzAurum Resources Ltd (ASX:OZM) CEO Andrew Pumphrey caught up with JustStocks Video after announcing an update on the company’s new gold discovery at the Mulgabbie North Gold Project.

Summary Of Video Interview

  • High-Grade Gold Discovery at Mulgabbie North: Visible gold recovered from the recently drilled aircore (AC) intersection that assayed 4m @ 14.17 g/t from 16m (MNOAC 705*).
  • Rapid Follow-Up Drilling: RC drilling rig expected to arrive onsite late next week to expand on this exciting new discovery
  • Significant Quartz Veining: Up to 50% quartz observed in multiple high-grade intervals, a hallmark of significant gold systems.
  • Host Rock Confirmed: High-grade gold mineralisation hosted in favourable sandstone units within the Cross Fault area, similar to other major gold deposits in the Carosue Dam Basin.
  • Pending Assays: One metre samples in the laboratory with results expected in the next week.