OZM ozaurum resources limited

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General Discussion - OZM, page-93

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newbie2016

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13/06/25

02:52

Post #: 79414647
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Originally posted by Hateful8: ↑

Hey Brother, in Feb interview with Just Stocks AP says the nature of the faulting gets a little complicated and hence they will look to consult with an expert in Dr Brett Davis..

Then in April JS interview again AP mentions the sandstone and how they have a lot of it on their tenure and that in the past they'd got a little caught up in the North but were now revisiting things, which indicates unrealised southern potential one suspects?

Then in the last announcement they hit the fine grained gold, the lithology of which can be applied to the whole of the relief sheer & that they are still working on the full geological interpretation and will seek further opinions from ....... Dr Brett Davis.

So I suggest if anyone wants to know why the drill program went they way it did from Feb they ask Dr Davis?

Personally I believe it is for the extra Oz's.. But that's just an opinion. gltah h8tey
Analysis of Cross Fault Potential Further
Geological and Exploration Context
Location and Extent: The Cross Fault zone, 1.3km south of prior drilling along the Relief Shear (April 24, 2025, Page 3), spans a 400m strike length (May 30, 2025), with mineralization open along strike and depth (e.g., 48m @ 1.66 g/t Au EOH, April 1, 2025).
Lithology: Sandstone-hosted with quartz veining, pyrite, and arsenopyrite (April 24, 2025, Page 5), mirroring Carosue Dam’s deposits (2km away), suggesting a brittle setting for high-grade shoots.
Drilling Results:
AC (January–May 2025): 20m @ 3.57 g/t Au (4m @ 10.21 g/t Au), 10m @ 6.59 g/t Au (4m @ 14.17 g/t Au), 6m @ 1.54 g/t Au (May 30, 2025).
RC (March 2025): 48m @ 1.66 g/t Au (9m @ 5.79 g/t Au), 12m @ 4.26 g/t Au (2m @ 22.58 g/t Au), 14m @ 2.37 g/t Au (April 1, 2025).
Depth Potential: Holes ending in mineralization (e.g., 1m @ 3.91 g/t Au at 138m, May 7, 2025) indicate a feeder zone (7075N–7100N, 92–98% likelihood).
Historical Data: Limited RC (38 years ago) and Gutnick’s 1998 RAB intersected significant gold, underexplored (April 24, 2025, Page 3).
Resource Potential
Current Contribution: Part of the 260,000 oz MRE, with Cross Fault adding 434,000–1,157,000 oz (high/best case, prior analysis) based on 400m strike and 150–200m depth.
Expansion: A 600–800m strike and 200–300m depth could yield 1–1.5Moz, per geological continuity (May 2025 discussion) and soil geochemistry (200+ ppb, Figure 5).
Metallurgical Fit: 88–89% heap leach recovery (February 2023) applies, supporting trial heap leach scalability (20,000–40,000 oz/year).
Risks and Opportunities
Risks: Depth uncertainty (beyond 138m) and seasonal EOFY selling (May–June) may dampen initial impact.
Opportunities: Diamond drilling (May 7, 2025) and 2,500m AC south (April 24, 2025) could extend the zone, boosting MRE and FS NPV.

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mate, April interview not on the company web, can you please post the link if possible? Appreciate so much.
OZM Price at posting: 7.2¢ Sentiment: Buy Disclosure: Held
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Last 7.2¢		Change 0.000(0.00%)		Mkt cap ! $16.49M

Open	High	Low	Value	Volume
7.1¢	7.3¢	7.1¢	$22.84K	316.5K

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No.	Vol.	Price($)
1	96973	7.1¢

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Price($)	Vol.	No.
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7	789280	0.070
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3	39880	0.065
1	50000	0.060

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0.073	27397	1
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0.080	73288	2
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General Discussion - OZM, page-93

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