** Shares of OzAurum Resources OZM.AX rise 47.7% to A$0.96, their highest level since late January 2024
** Gold explorer says visible gold was recovered at its Mulgabbie North Gold project in Western Australia
** The visible gold observed confirms co's geological model and reinforces its belief in the project's potential - CEO and MD Andrew Pumphrey
** About 22.4 mln shares change hands, 8.2 times the 30-day average of 2.7 mln shares
** Stock has more than trebled in value YTD, including current session's moves
(Reporting by Manasi Dasa Sundeep in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
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