OZM ozaurum resources limited

Hey Brother, ley me know what you think? Adjusted Visualization...

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    Hey Brother, ley me know what you think?

    Adjusted Visualization Approach

    • Chart Type: Scatter chart, with x-axis as local grid northing (5500N–10,000N) and y-axis as easting (-300E to 300E), covering the Relief Shear and westward extent (e.g., Mulgabbie West).
    • X-Axis (Northing): 5500N to 10,000N, spanning Golden Goose (5875N) to Demag Zone/Alicia (8500N), with historical points (e.g., 9950N for Colonial, 13800N–14200N for Mulgabbie Prospect) and new targets (MG, MP series).
    • Y-Axis (Easting): -300E to 300E, with 0E as the Relief Shear centerline, extending westward to Mulgabbie West and eastward to offset prospects.
    • Datasets:
      • Planned RC Drilling Locations: Cross Fault extensions (6900N–7300N), Golden Goose (5875N), Mulgabbie Queen (~6700N), Demag Zone/Alicia (8000N–8500N), Mulgabbie West (9950N), and feeder zone (7075N).
      • Planned AC Drilling Locations: MP-14 and Jack’s Show (north of Cross Fault).
      • HC Predicted RC Targets: MG6, MG7 (south of Cross Fault), MG4, MG5 (north of Cross Fault).
      • Historical Drilling Locations: Gutnick’s RC (PINC1–3, 6, PINC18–19, COLC1–2) and RAB anomaly zones (11800N–15000N).
      • Depth Targets: Point size or color to indicate depth focus (e.g., shallow AC/RAB vs. deeper RC targets at 150–200m).
      • Annotations: Include a note on the conceptual nature and historical context.

    Incorporation of HC Predicted Targets

    • MG6 & MG7: Likely south of Cross Fault (6900N–7300N), possibly around 6500N–6700N (Mulgabbie Queen area), where May 30 AC results showed low-grade gold in shallow holes (28m average), interpreted as depleted regolith. Historical data (e.g., Gutnick’s southern RAB traverses) lacks significant intercepts, suggesting deeper RC targets.
    • MG4 & MG5: Likely north of Cross Fault, possibly between 7300N and 8500N (Demag Zone/Alicia area), where historical RC (e.g., PINC18–19 at 14000N) and AC (e.g., MNOAC 523) indicate mineralization.
    • MP-14: North of Cross Fault (~7300N–8000N), a historical RC hole (possibly Gutnick’s PINB series), with old workings suggesting shallow AC targets.
    • Jack’s Show: North of Cross Fault (~7300N–8375N), historical workings near the 260,000 oz MRE, with RAB anomalies (e.g., PINB15 at 14000N) supporting AC retesting.

    Adjusted Chart Code Block

    Here’s the updated Chart.js configuration:



    https://hotcopper.com.au/data/attachments/7054/7054060-0c08864db90154b85b5e73413ac9371f.jpg

    Explanation of the Adjusted Visualization

    This updated scatter chart incorporates the HC poster’s predicted targets (MG6, MG7, MG4, MG5, MP-14, Jack’s Show) alongside our prior locations, with historical data for context:

    • X-Axis (Northing): 5500N to 10,000N, covering Golden Goose (5875N) to Demag Zone/Alicia (8500N), with historical points at 9950N (Colonial), 13800N–14200N (Mulgabbie Prospect), and estimated positions for MG and MP series.
    • Y-Axis (Easting): -300E to 300E, with 0E as the Relief Shear centerline, extending westward to Mulgabbie West (-200E) and eastward to offset prospects (e.g., 50E for Golden Goose).
    • Datasets:
      • Planned RC Drilling Locations: Red (Cross Fault, 6900N–7300N), blue (Golden Goose, 5875N), green (Mulgabbie Queen, ~6700N), yellow (Demag Zone/Alicia, 8000N–8500N), purple (Mulgabbie West, 9950N), with depths (100–200m).
      • Planned AC Drilling Locations: Light blue (MP-14, ~7500N) and light green (Jack’s Show, ~8000N), shallow targets (50m), reflecting AC suitability for historical sites.
      • HC Predicted RC Targets: Yellow (MG6 & MG7, ~6600N) and orange (MG4 & MG5, ~7800N), with depths (120m, 150m), aligning with southern and northern extensions.
      • Feeder Zone (Cross Fault): Orange point at 7075N, 0E, 200m depth, highlighting the deeper target.
      • Historical RC Drilling (Gutnick): Light blue points at 14200N (PINC1), 13800N (PINC2–3, 6), 14000N (PINC18–19), and 9950N (COLC1–2), with 100–150m depths.
      • Historical RAB Anomaly Zone: Light green points at 11800N (PINB52), 14000N (PINB15), and 15000N, with 50m depth.
    • Colors and Sizes: Distinct colors (red for RC, light blue/green for AC, yellow/orange for HC predictions, orange for feeder, light blue for historical RC, light green for RAB) and sizes (10–12 for RC/AC, 6–8 for historical) indicate target type and depth.
    • Annotations: The subtitle notes the conceptual nature, historical context, and need for further drilling, ensuring JORC compliance.

    Rationale and Alignment

    • MG6 & MG7 (~6600N): Positioned south of Cross Fault (6900N), near Mulgabbie Queen, where May 30 AC results showed low-grade gold (28m average), suggesting depleted regolith. RC at 120m targets deeper zones, aligning with our southern extension (5875N–6500N).
    • MG4 & MG5 (~7800N): North of Cross Fault, near MP-14 and Demag Zone, where historical RC (e.g., PINC18–19) and AC (e.g., MNOAC 523) indicate mineralization. RC at 150m aligns with our northern extension (7300N–8500N).
    • MP-14 (~7500N): AC at 50m retests a historical RC hole, consistent with our northern focus and OZM’s fieldwork plan (May 2025).
    • Jack’s Show (~8000N): AC at 50m targets historical workings, aligning with our northern extension and the 3km RAB anomaly (Gutnick 1999).
    • Cross Fault, Golden Goose, Demag Zone, Mulgabbie West: Our prior locations remain, with MG6/7 enhancing the southern gap and MG4/5 refining the northern area, supported by AC walk-up starts (May 30) and porphyry targets (e.g., Mulgabbie West’s COLC2).

    Conclusion

    The adjusted visualization aligns our analysis with the HC poster’s predictions, integrating MG6/7, MG4/5, MP-14, and Jack’s Show as RC/AC targets. This reflects OZM’s strategy to leverage AC walk-up starts (e.g., porphyry-adjacent zones, fault offsets) and historical data to expand the 260,000 oz MRE to ?Moz


    And as for this little nugget "It’s not if Shane it’s when" @acmecomp

    Most Likely Time for Trial Heap Leach to Begin

    Step-by-Step Timeline Analysis

    • Feasibility Study Completion: September 16, 2025 (12 months from September 16, 2024).
    • Decision to Commence: Late September to mid-October 2025 (2–4 weeks post-study for LHBM/OZM review).
    • Heap Leach-Specific Permitting: 3–4 months (October 2025–January 2026), focusing on heap leach infrastructure (e.g., cyanide handling), with Carosue Dam proximity potentially reducing delays.
    • Construction and Commissioning: 3–4 months (January 2026–April 2026), for a trial pad, crusher, and ponds, using portable equipment and LHBM’s operational readiness.
    • Trial Leach Cycle: 1–1.5 months (April 2026–May 2026), for initial testing to confirm 88–89% recovery rates.
    • Earliest Trial Heap Leach: May–June 2026, assuming expedited permitting (3 months) and construction (3 months), with a 30-day leach cycle.

    Critical Evaluation

    • Optimistic Scenario: If the feasibility study concludes early (e.g., August 2025), assays confirm high-grade zones (e.g., Cross Fault feeder zone, June 2–5, 2025), and permitting is fast-tracked (e.g., 2 months due to Carosue Dam alignment), construction could start in November 2025, with trial leach beginning March–April 2026. This assumes minimal regulatory hurdles and LHBM’s immediate action, which is optimistic given Kalgoorlie’s high activity (May 7, 2025).
    • Realistic Scenario: Accounting for standard permitting (3–4 months) and construction (3–4 months), plus a 30-day leach cycle, the most likely start is May–June 2026. This aligns with the September 2025 study completion, a decision by October 2025, permitting by January 2026, construction by April 2026, and testing by May 2026. The high confidence in the geological model (JORC statement) and metallurgical data (88–89% recovery) supports this timeline.
    • Pessimistic Scenario: If permitting or financing faces delays (e.g., 6 months permitting, 5 months construction due to supply chain issues), trial heap leach could slip to August–September 2026.

    Conclusion

    The most likely time for the trial heap leach operation to begin at Mulgabbie North is May–June 2026. This timeline accounts for the Heap Leach Feasibility Study’s completion (September 2025), a decision and permitting period (to January 2026), construction and commissioning (to April 2026), and a 30-day leach cycle (to May 2026). The robust metallurgical data (88–89% recovery) and ongoing resource expansion (1.6–2.6Moz target) support this schedule, with LHBM’s operational readiness potentially enabling an earlier start (March–April 2026) if expedited. DYOR H8tey

 
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