OzAurum Resources - OZM (ASX) News & Expert Insights from Stockhead

COMPANY EXPLAINER

OzAurum Resources Limited, listed on the ASX, is an Australian-based gold exploration company with advanced strategically located gold projects in the Eastern Goldfields region of Western Australia, also exploring for lithium, niobium, and rare earth elements (REE) in Brazil.

AUSTRALIAN PROJECTS:

The company’s flagship Australian asset is the 268,000 oz Mulgabbie North Gold Project that is located adjacent to Northern Star’s 4.2Mtpa Carosue Dam Gold Operation.

This project consists of a large landholding of 158 km 2 with extensive gold mineralisation found along the 7.5 km Mulgabbie Shear. This making it a prime target for future significant gold discoveries. The Patricia Gold Project with historical high-grade gold production and recent OZM high grade drill intersections is an exciting exploration drill target.

Together, these projects position OzAurum at the forefront of gold exploration opportunities in Western Australia.

OzAurum is committed to discovering and developing gold resources through a carefully planned exploration strategy aimed at generating substantial value for its shareholders.

This commitment is driven by a management team of experienced mining professionals with a strong track record in exploration, project development, and corporate management, which underpins the company’s growth strategy.

BRAZILIAN EXPANSION:

Expanding beyond Australia, OzAurum has strategically extended its footprint into Brazil with a focus on uncovering significant lithium, niobium, and REE deposits.

The company has commenced diamond drilling at the Boca Rica Lithium Project using its in-house diamond drill rig and is actively pursuing further lithium opportunities in Minas Gerais, Brazil.

OzAurum owns 100% of the Salitre Niobium REE Project in Brazil, comprising 179km² of tenements. In the Catalao Niobium REE Project area, 259 km² of tenements have been granted out of a total of 318 km².

Both the Salitre and Catalao projects are located within the Alto Paranaíba Magmatic Province, a prolific host of carbonatite intrusions that account for 97% of worldwide niobium production.

COMMITMENT TO SUSTAINABLE GROWTH:

OzAurum Resources is committed to sustainable growth through systematic exploration and resource expansion. The company prioritises responsible exploration practices, environmental stewardship, and community engagement to ensure positive social and economic impacts.

STRATEGIC POSITIONING:

By leveraging its strategic locations, high-potential assets, and expert team, OzAurum is well-positioned to become a leading player in the Australian gold exploration sector while enhancing its global presence through the strategic advancement of its Brazilian assets.

KEY PEOPLE

Jeffrey Williams has over 40 years’ industry experience with 16 years’ experience as a professional mining engineer in Australia and seven years in the stockbroking industry, and is a Fellow of the Australasian Institute of Mining and Metallurgy. His mining experience ranges from mine planning, underground management and feasibility studies through to mine development.

Jeffrey was the Managing Director of Mineral Deposits Ltd for 15 years and departed in late 2011. He secured the Sabodala gold and Grande Cote zircon projects in Senegal in West Africa, and commenced gold production in March 2009. The market capitalisation of Mineral Deposits Limited increased from A$6m in 2003 to over A$1b in 2011.

Andrew Pumphrey is a geologist and mine surveyor with over 30 years experience in the mining and exploration industry. He has extensive exploration field experience in exploring for gold, nickel, silver and zinc throughout Western Australia and has owned and operated private underground gold mining operations in WA. He also privately explored the Mulgabbie Gold project for over 30 years prior to OzAurum acquiring the project.

Based in Kalgoorlie since 1989, Andrew also has operated a successful exploration contracting business with an extensive knowledge of the geology of Western Australia.

For 5 years he was working in the role as Operations Manager & General Manager for MacPhersons Resources Ltd then as General Manager & Resident Manager of Horizon Minerals Boorara Open Pit Mining Operation. Previous to that he worked as Exploration Manager for MacPhersons Resources Ltd for 5 years. During this time he worked on and managed feasibility studies on Nimbus Ag Zn project and Boorara Gold heap leach project and the Booara gold resource was increased from 64,000 ozs to over 500,000 ozs.

Andy Tudor’s experience has been gained over 34 years as a geologist in the mining industry and encompassed roles from Managing Director/CEO of ASX listed companies to General Manager, Country Manager and Exploration Manager roles, as well as Exploration and Mine Geology functions.

Andy has also held the position of General Manager & Principal Consultant of a global mineral consulting firm where his role concentrated on project assessment, due diligence and evaluation studies, in conjunction with geological and resource assessments.

Andy’s career commenced exploring and mining gold in Western Australia and progressed to the varying gold and base metal environments of the Australasian/Pacific region.