OZM ozaurum resources limited

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Technical analysis, page-308

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Paul88

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05/05/25

20:28

Post #: 78926974
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Originally posted by Paul88: ↑

And when you start doing research on the potential beyond the known New Cross Fault (NCF) footprint, you quickly begin to realise that there's real potential both to the north and south along strike (total strike potential of about 2km I guesstimate). For example, only about 300m to the north of the NCF footprint, there's old RC hole MP-14 which hit 2m @ 1.85g/t from 42m; and 2m @ 2.25g/t from 46m (see below cross-section with my mark-ups in red). You can see that old hole MP-15 located next to MP-14, with both these holes ending in mineralisation (albeit low grade). MP-14 and MP-15 look like they're about 25m apart, so right there there's a potential true width interval of at least 25m @ ~0.50 g/t Au of which the holes ended in mineralisation. So what's below that? Need to drill to find out if it has legs I guess. From stuff like this, you can begin to realise some of the potential outside of the NCF footprint. Doesn't guarantee anything, but at least there's some more potential and hope. AIMHO (DYOR).

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Further to the north about 200m from MP-14 sits Jacks Show, and about another 800m or so more to the north is MP-4. About 200m to the south of NCF, you have the old VRC workings and old holes MG6 and MG7; and still another 300m odd to the south sit the old Ernbill workings and old holes MG4 and MG5. I've posted about these on the other threads. AIMHO (DYOR).

Last edited by Paul88: 05/05/25

OZM Price at posting: 9.4¢ Sentiment: Hold Disclosure: Held
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Technical analysis, page-308

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Technical analysis, page-308

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