OzAurum Resources (ASX:OZM) started a 20-hole, 1,500-meter reverse circulation drilling program at the New Cross Fault gold discovery within the Mulgabbie North project in Western Australia, according to a Wednesday filing with the Australian bourse.
The program will test gold mineralization found in recent air-core drilling, which yielded intersections including 16 meters at 3.21 grams per tonne grade of gold and 9 meters at 6.76g/t gold, the filing said.
The assay results are expected to be available in the coming weeks, according to the filing.
Shares rose 3% in afternoon trade Thursday.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。