OzAurum Resources Ltd. has expanded its footprint in Western Australia’s Eastern Goldfields, reporting a maiden mineral resource estimate (MRE) for the Cross Fault deposit that pushes the total inventory at the Mulgabbie North gold project to approximately 294,000 ounces of gold.
The newly defined Cross Fault resource stands at 933,000 tonnes grading 1.14 grams per tonne gold, delivering an initial 34,000 ounces.
The milestone follows two years of intensive reverse circulation (RC), aircore (AC), and diamond drilling across a nominal 25-metre by 25-metre grid.
Independent modelling by WA-based consultancy BM Geological Services confirmed the deposit’s structural controls, which are hosted within the 7.5-kilometre-long Relief Shear corridor.
OzAurum CEO Andrew Pumphrey said the new ounces will be integrated directly into the company’s ongoing heap leach scoping study.
“With the addition of the new Cross Fault Mineral Resource, OzAurum’s total combined Mulgabbie North mineral resource has now increased to 294,000 ounces,” Pumphrey said.
“This 34,000-ounce initial mineral resource at Cross Fault will now be included in further technical works as part of the Mulgabbie North heap leach scoping study.”
The Cross Fault deposit remains open at depth and along strike to the north. High-priority follow-up drill targets have already been identified below drill holes MNORC251 and MNORC263.
Situated on 100 per cent-owned tenure, including two mining lease applications and a prospecting licence, the project benefits from proximity to established regional infrastructure, sitting just off the Kurnalpi Pinjin road.
With geological continuity established across multiple prospects along the belt, OzAurum is well-positioned to advance its low-capex heap leach development strategy.
