OZM 7.41% 5.0¢ ozaurum resources limited

Ann: Ceasing to be a substantial holder, page-15

  1. 2,173 Posts.
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    It will be interesting to see what the MRE is when its released, it may well be below the million mark but IMO its inevitable to go over the million ounce mark, down the track after more drilling, for the following reasons:
    • Highgrade Reverse Circulation (RC) and Diamond drilling (DD) goldresults over 2.2km (as per the OZM May presentation)
    • 8km strike of unlimited potential for multiple depositsin a definedgold corridor (as per the OZM May presentation)
    • Highgrade AC gold results over 4.2km along Relief Shear (as per the OZM May presentation)
    • Close by to the Carosue Gold discoveries which has a total surface resource of 1,934,000 ozs
    • Same geology as the Carosue Gold discoveries
    • Located in the heart of WA Eastern Goldfields of Kalgoorlie
    That's my assessment of it and IMO a good punt.
    By the way, I'm a Rooster supporter, disappointed with their performance this year so far but still time to get the act together but the Rabitohs are looking red hot, the team to beat this year. Waiting for a Roosters vs Rabbitohs GF one day, last time they played a GF was in 1935.
 
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