OzAurum Resources Ltd (ASX:OZM) MD Andrew Pumphrey speaks with JustStocks Video after announcing that 1m samples of recent Air core (AC) drilling has confirmed the high-grade nature of the New Cross Fault Gold Discovery within the Mulgabbie North Gold Project.

Summary of Video Interview

• Consistent High-Grade Gold at New Cross Fault Discovery: 1m samples of the recent AC drilling returns consistent high-grade mineralisation at the newly mapped New Cross Fault target
• Multiple High-Grade Intersections Confirm New Zone: Numerous shallow high-grade AC intercepts in 1m drill results from previously reported 4m composite intersections
• High-Grade Gold Extends Along Relief Shear: Results confirm consistent high-grade gold mineralisation at the cross fault area within the Relief Shear corridor, validating the exploration model. Several drillholes ended in significant mineralisation, suggesting further potential at depth.
• New Cross Fault Discovery Extends Project Potential: The New Cross Fault discovery, 1.3km south of previous drilling, strengthens the overall prospectivity of the 260,000 oz Mulgabbie North Gold Project
• Historical Significance: Limited historical drilling, including a vertical RAB hole drilled in 1998 by Gutnick Resources, also intersected significant mineralisation
• Targeted Drilling Program Underway: An additional 32-hole AC drilling program (987m), drilling to fresh rock and targeting south of the mapped New Cross Fault is complete. Assay results expected next week.
• New Significant North – South Fault: Identified in the field at cross fault location in costeans.
• Next Steps – High Priority Drilling Targets Being Defined: Reverse Circulation (RC) and AC drilling is planned to commence when the Company finalises its targeting and rigs become available.