OzAurum Resources Ltd (ASX:OZM)'s Andrew Pumphrey brings investors up to speed as the company closes in on what could be a major gold discovery at the Mulgabbie North Project's Demag Zone in WA's Eastern Goldfields. OZM's first completed diamond hole has delivered strong results, fielding 55 metres at 1 g/t gold from 47 metres, including 4 metres at 4.98 g/t with 1 metre at 15.55 g/t. Pumphrey says work is underway to drill a third diamond hole at the property, while follow-up RC drilling at the Mulgabbie North Demag Zone remains a high priority.
OzAurum Resources validates Demag Zone with 55-metre gold hit