OzAurum Resources Ltd (ASX:OZM) CEO and managing director Andrew Pumphrey talked with Proactive's Stephen Gunnion about the company's latest developments in Brazil.
Pumphrey shared updates on the recently granted tenements for the Saltire and Catalao projects. He detailed their regional reconnaissance efforts, including soil sampling and hyperspectral interpretation, which have generated over 100 targets. These targets are currently being validated on the ground, with early findings showing promising geological features.
Pumphrey also highlighted the company's cost-effective approach to exploration, emphasising his hands-on involvement in fieldwork to maximise resources. He discussed the ongoing soil sampling in iron-rich profiles, which is crucial for identifying niobium deposits in the Catalao Niobium mine.
"Early reconnaissance at this stage is exciting," Pumphrey said. "We're optimistic about the potential of this project and look forward to progressing it further."