OzAurum Resources Ltd.
AASX:OZM0.07
AUD
+0.00
(+1.56%)
ISIN
AU0000128357
Return %
Stock
S&P 500
1Y
1.56
14.20
3Y
-25.29
81.12
5Y
-60.61
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Andrew Ian Pumphrey
- Full Time Employees
- 3
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 15 Williams Street Kalgoorlie WA Australia 6430
- IPO Date
- Feb 8, 2021
- Website
- ozaurumresources.com
- Similar Companies
- Business
- OzAurum Resources Limited (ASX:OZM) engages in the exploration and development of gold projects in Western Australia and holds interests in niobium and lithium prospects in Brazil; it maintains 100% ownership of the flagship Mulgabbie North and Patricia gold projects, which span 10km of strike along the prolific Norseman-Wiluna Greenstone Belt in the Eastern Goldfields Province, northeast of Kalgoorlie. Core assets include the Mulgabbie North project, featuring a 260,000oz inferred resource at 0.70g/t Au across multiple prospects such as Ben, James, Alicia, Demag Zone, Paleochannel Zone, and Cross Fault discovery with recent high-grade intercepts including 5m at 5.87g/t Au and 25m at 1.24g/t Au; the Patricia project, a high-grade structurally complex deposit with historical mining at 41g/t Au average and intercepts such as 5m at 37.11g/t Au including 1m at 90.40g/t Au; and Brazilian interests encompassing the Salitre niobium project with planned 2025 diamond drilling at Target 1 to 200m depth using company-owned rigs, alongside the retained Linopolis Jaime hard rock lithium project following relinquishment of 23 non-core tenements. Operations target open-pit and underground potential at shallow high-grade mineralization suitable for heap leach processing, with grade control RC drilling on 8m x 5m patterns, column leach metallurgical testwork, and site layout optimization advancing toward Stage 1 production; the company explores an 8km Relief Shear corridor adjoining Northern Star Resources' 3.5Moz Carosue Dam, Karari, and Whirling Dervish mines in a 30Moz endowed region. Founded in 2020 and headquartered in West Kalgoorlie, the company reports recent developments including regaining full control of the Mulgabbie North heap leach feasibility study after Line Hydrogen's withdrawal with independent oversight from Jeremy Peters of Burnt Shirt Pty Ltd; sensational 2025 drilling extensions at Cross Fault with 600m southward mineralization and visible gold in quartz veins; a $1.2M placement at $0.06/share led by CPS Capital to fund Western Australian gold and Brazilian niobium advancement, bolstering $2.3M cash reserves as of March 2025; and Q1 2025 milestones encompassing metallurgical results, permitting updates, and resource expansion drilling.