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OzAurum Resources (ASX: OZM) has released another compelling batch of reverse circulation (RC) drilling results from its Mulgabbie North Paleochannel Project in Western Australia’s Eastern Goldfields, reinforcing what is shaping up as a genuinely high-grade, near-surface gold system. The OzAurum Resources Mulgabbie North high-grade shallow gold drilling results and civil works underway story represents a clear and capital-efficient development pathway gaining real momentum.
The fourth batch of results — 84 RC holes for 3,024 metres — continues to demonstrate consistent high-grade gold mineralisation at shallow depths, with multiple intercepts exceeding 10 g/t Au at depths between just 22 and 26 metres below surface.
Critically, the company has simultaneously moved from the study phase into early construction, with site civil works for the heap leach pad and agglomeration plant foundations now underway.