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OzAurum completes Stage 1 water bores at Mulgabbie North

OzAurum completes Stage 1 water bores at Mulgabbie North

OzAurum Resources has completed drilling and construction of two production water bores at the Mulgabbie North Gold Project. The company said the bores, located within 1.5km of the proposed heap-leach facility, are intended to support Stage 1 water requirements, with further pump-flow testing planned for Stage 2 process-water requirements.

The company said five approvals have been granted and a Poisons Permit has been lodged. Listed approvals include water abstraction of 450,000kL per year, works approval for crushing and heap-leach processing at 150,000 tonnes per year, environmental approval for a mining development of less than 10ha, an open-pit mining operational notification, and a dangerous goods licence.

Record September rainfall delayed site civil works and transport of the heap-leach agglomeration plant, OzAurum said. The company also plans to begin fresh-rock heap-leach metallurgical testwork shortly; it said inclusion of fresh material in Stages 2 and 3 remains subject to successful testwork.

OzAurum said final results from the MNODH 022 paleochannel column test are expected in coming weeks and will be used in scoping-study and mine-planning work. The company cautioned that preliminary metallurgical results from the column have not yet been confirmed by further analysis.

Source: Download OZM official ASX announcement, 2026-10-14.

Map from OzAurum Resources' ASX announcement dated 14 October 2026.