OZM 1.89% 5.4¢ ozaurum resources limited

Ann: OzAurum Acquires Lithium Project in Brazil, page-113

  1. 5,127 Posts.
    lightbulb Created with Sketch. 2098
    I have heard the best place to look for mineral deposits is to explore where past mining took place a lon* time ago. Newcrest’s Cadia gold/copper mine is a classic where historical surface mining was carried out and Newcrest using modern exploration tools uncovered one of the largest gold/copper deposits in the world at depth.

    I do find it interesting that AZS’s Andover project had past old small scale surface mines extracting minerals from pegmatites and look what a monster deposit they have uncovered when they started drilling.

    IR1 was the same but past mining was on a larger scale than AZS and their initial drill results look great with maybe better results to come,

    So my expectations are OZM could be the same and is one key reason for buying in.



 
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