Ozz Resources Limited
OZZ.AX
Australian Securities Exchange0.06
AUD
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Ozz Resources Limited
OZZ.AX
(Australian Securities Exchange)
Recent
price
0.06
P/E
ratio
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div
yld
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ROIC.AI
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- Business
- Ozz Resources Limited (ASX:OZZ) is a Perth-based, Western Australia-focused gold and base metal explorer that pursues rapid evaluation, development, or sale of economic resources located near major gold producing centers including Leonora, Cue, Meekatharra, and Mt Magnet; all projects lie in proximity to third-party toll treatment plants to enable value-add for shareholders through expedient capital deployment. The company holds interests in multiple exploration and prospecting tenements, including the Mt Davis Project comprising five granted prospecting licenses and two applications covering the Mount George Shear with a non-JORC inferred resource of 140kt at 2.3g/t Au and 4km undrilled strike potential; Peterwangy Project with one granted exploration license (E70/5124) held by Provident Mining Pty Ltd and one application (ELA70/5691) totaling 4440Ha along a 3km greenstone belt near Geraldton; Maguires Reward Project on a 200Ha prospecting license near Cue featuring historic gold shoots, drilling approvals, and an exploration target of 0.15-1.5Mt at 2.31-4.3g/t Au for 11-111koz; Rabbit Bore Project spanning 2100Ha in the Central Murchison with gold and nickel-cobalt potential along the Big Bell Fault extension and no prior drilling; Wardarbie South Project covering 600Ha near Meekatharra along a 3km greenstone contact with historic 5,000oz production from quartz lodes and untapped drilling prospects; Pinnacle Well Project on a renewed 5-year exploration license (E37/1246) in the Yilgarn Craton's Kurnalpi terrane targeting gold and base metal VMS deposits; and Vickers Well Project with two applications (E38/3732, E38/3733) totaling 251km2 northeast of Leonora under Archaean cover. Incorporated in 2020 and headquartered at Level 3, 101 St Georges Terrace, Perth WA 6000, Ozz Resources maintains a strategy of active portfolio assessment, regeneration through new project acquisitions, and tight shareholder registry management via toll treatment or ore sales. Recent activities encompass director changes including a final director's interest notice in June 2025 and successful Annual General Meeting outcomes reported in November 2025, alongside continued focus on high-impact drill programs and tenement expansions in tier-1 gold districts without major disclosed acquisitions, funding rounds, or strategic alliances in the past 1-2 years.