Market Alert : Oil Markets Enter Volatile Phase as Geopolitical Risks Persist

OzAurum Secures Heap Leach Processing Plant to De-Risk Mulgabbie North Development

OzAurum Resources Limited (ASX: OZM) has secured 100% ownership of a complete heap leach agglomeration process plant to support development of the Stage 1 Mulgabbie North Gold Project in Western Australia. The acquisition removes a key development risk and materially advances the project toward near-term production. The plant was designed by industry specialists Kappes Cassidy & Associates and has a proven operating history at several Western Australian operations. With a design capacity of 100 tonnes per hour, the plant is suitable for staged development at Mulgabbie North and supports scalable processing of up to approximately 350,000 tonnes per annum on day-shift operations. OzAurum has secured the plant under favourable commercial terms, resulting in a very low upfront capital requirement. The plant will be relocated approximately 30 kilometres for refurbishment using in-house resources, allowing tight control over costs, timelines, and execution as the company progresses feasibility and development activities.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au