Mulgabbie North – Cross Fault Drilling Overview

Konrad Forrest
OzAurum Resources

7 May 2025 | Kalgoorlie, WA – OzAurum Resources (ASX:OZM) has announced strong new RC drilling results from its recently discovered Cross Fault zone at the Mulgabbie North Gold Project, confirming the potential for a significant gold system in fresh rock.

Key RC intercepts include:

  • 10m @ 1.80 g/t Au (from 127m), including

    • 1m @ 3.91 g/t Au to end of hole (MNORC 251)

  • 7m @ 2.17 g/t Au (from 79m) (MNORC 253)

  • 8m @ 1.81 g/t Au (from 68m) within

    • 22m @ 0.84 g/t Au (MNORC 250)

  • 1m @ 6.12 g/t Au and 1m @ 6.07 g/t Au (MNORC 252)

The latest drilling validates a 400-metre strike length of mineralisation and intersects multiple wide sulphide-rich zones—evidence of a robust gold-bearing structure continuing at depth.

CEO Andrew Pumphrey commented:

"We’re extremely encouraged by the continuity of high-grade mineralisation into fresh rock at Cross Fault. The growing scale and sulphide intensity suggest a significant gold system is emerging."

OzAurum has now completed eight RC holes and two diamond holes at Cross Fault, with further infill and extensional RC drilling underway. A new 2,500-metre air core (AC) drill program is also planned to the south, targeting quartz porphyry and additional fault zones along the Relief Shear.

The Cross Fault discovery lies approximately 1.3 km south of the current 260,000oz Mulgabbie North Mineral Resource and is hosted in sandstone—a setting analogous to nearby large deposits at Carosue Dam.