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OzAurum to start drilling at Boca Rica Lithium Project

OzAurum to start drilling at Boca Rica Lithium Project

OzAurum Resources Ltd (ASX:OZM) CEO and managing director Andrew Pumphrey sits down with Proactive’s Jonathan Jackson to discuss an upcoming drilling program at Boca Rica Lithium Project in Brazil, following the identification of a spodumene zone. The company plans to start drilling in the next three to four weeks, contingent on weather and the receipt of environmental permits. Pumphrey emphasised the project's potential for a major lithium discovery, highlighting the strategic scale of the site and the comprehensive fieldwork conducted in Brazil. Besides Boca Rica, OzAurum is actively pursuing other lithium opportunities and is engaged in discussions for additional acquisitions. The company also has interest in niobium and rare earth element (REE) opportunities in Brazil, and has lodged applications for 50,000 hectares of tenure prospective for niobium and REE near known Brazilian carbonatite complexes.

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