Brazil Exploration Update – New Niobium Anomaly
OzAurum Resources Ltd (ASX: OZM or OzAurum or the Company) is pleased to provide shareholders with an
update on Brazil Exploration and the newly identified Niobium anomaly.
Highlights
• 100% OZM owned Brazil Salitre niobium soil sampling results with anomalous niobium mineralisation in soil
extending for 1km in strike length.
• Peak Niobium soil value of 190 ppm and TREO* of 614 ppm adjacent to 9 ultraviolet (UV) anomalies forming a
cluster with coincident gamma radiation readings of up to 435 counts per second (CPS), which is up to 10 times
above background readings from the area.
• Soil sampling was designed to investigate circular features and targets generated from recently completed
hyperspectral interpretation over the Salitre project area.
• Ultraviolet interpretation and targeting was undertaken by Dr Neil Pendock of Dirt Exploration, Cape Town. UV
detects the presence of fluorite, which is commonly associated with carbonatite complexes and is specifically a
signature of carbonatites in this area of Brazil.
• OZM is targeting carbonatite intrusion hosted Niobium and REE mineralisation at Saltire and Catalao.
• The Saltire and Catalao projects are situated within the Alto Paranaba Magmatic Province (APMP), a prolific host
of carbonatite intrusions that accounts for 97% of worldwide niobium production - all hosted in carbonatite
intrusions.
• Follow-up soil sampling program planned to commence in coming weeks and company owned diamond drilling
rig and crew on standby, subject to environmental permitting and access.
• Boca Rica diamond drill hole BRDH 001 returns no significant lithium results.
CEO and Managing Director, Andrew Pumphrey, commented:
“We are excited to discover niobium mineralisation in soil sampling with a cluster of co-incidental UV anomalies we
will be following this up with more detailed soil sampling in the coming weeks. The OZM Saltire and Catalao projects
are situated within the Alto Paranaba Magmatic Province (APMP) that accounts for 97% of worldwide niobium
production, all hosted in carbonatite intrusions. We are very excited with the exploration opportunity that this project
presents to OZM shareholders.”
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