OZZ
Ozz Resources Ltd
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Company News
Hot copper: what’s driving the latest charge?
Three potentially significant discoveries over the past week have returned copper to the radar screens of investors, with the bonus being that demand for the metal appears to be outstripping supply, which can only mean a higher future price. Recharge Metals (ASX: REC), Tempest Minerals (ASX: TEM) and Culpeo Minerals (ASX: CPO) have all enjoyed […]
OZZ Resources pegs up historic gold ground that yielded more than 1oz/t
It’s not often that you talk about a gold prospect in terms of ounces, rather than grams per tonne, but explorer OZZ Resources (ASX: OZZ) is doing just that noting the ground it has just acquired historically produced 1oz and 2oz per tonne between 1897 and 1911. The historic mining ground is included in the […]
OZZ Resources identifies gold and copper anomalies at historic Rabbit Bore project
Geochemical sampling at the Rabbit Bore project near Meekatharra in Western Australia has identified two compelling target areas for owner OZZ Resources (ASX: OZZ). A total 750 samples were collected in November across the 80%-owned project, focusing on prospective greenstone lithologies and previously defined aeromagnetic anomalies. They were assayed for 52 elements including gold and […]
OZZ Resources gains new gold ground with additional base metals potential
Western Australia-focused gold explorer OZZ Resources (ASX: OZZ) has expanded its footprint in the Leonora mining district by adding another 63sq km to its recently acquired Pinnacle Well project. The two new exploration licences will be bolted on to Pinnacle Well, located 25km north of Leonora and immediately east of OZZ Resources’ Mt Davis project. […]
OZZ Resources acquires ‘highly prospective’ Leonora project in tier one gold district
After joining ASX ranks in July, OZZ Resources (ASX: OZZ) has already debuted a maiden resource for its Maguires gold project and revealed today it had scooped up the “highly prospective” Leonora project – expanding its footprint in a well-known Western Australian “tier one” gold district. The company is acquiring the Pinnacle Well project which […]
OZZ Resources reveals maiden resource for Maguires with ‘significant’ upside potential
Perth-based OZZ Resources (ASX: OZZ) has released its maiden JORC-compliant mineral resource of a contained 21,632 ounces of gold at its Maguires deposit, one of five in the company’s portfolio. Maguires is an advanced target where historical drilling has returned 6m at 18.6 grams per tonne gold, 7m at 8.7g/t and 6m at 11.6g/t. Maguires, […]
The big money chasing nickel small caps
Follow the money is always sound investment advice and that’s certainly the case at the small end of the nickel sector where some of Australia’s richest people are building positions ahead of what’s expected to be another upward surge in the metal’s price. Andrew Forrest, best known for his iron ore and green energy pursuits, […]
OZZ Resources debuts ‘outstanding’ gold assays from maiden drilling at Maguires
OZZ Resources (ASX: OZZ) has debuted “outstanding” results from its maiden reverse circulation drilling program at Maguires, which the company says includes many near surface gold intervals. Located north of Cue in Western Australia’s Murchison district, OZZ’s Maguires gold project was previously explored by BHP (ASX: BHP) in the 1980s and Posgold in the 1990s, […]
OZZ Resources to reward loyal shareholders with bonus option offer
OZZ Resources (ASX: OZZ) shareholders are set to be rewarded for their support with the company revealing it would be issuing bonus loyalty options, which is expected to raise about $75,000. Eligible OZZ shareholders will be offered one option at $0.05 each for every three ordinary shares owned. The options are exercisable at $0.25 each […]
Aeromagnetic surveys identify new WA gold-nickel targets for OZZ Resources
Aeromagnetic surveys over the Rabbit Bore gold-base metals and Peterwangy gold projects in Western Australia have identified multiple new and prospective gold-nickel targets for owner OZZ Resources (ASX: OZZ). The surveys defined the interpreted extent of favourable greenstone lithologies and pinpointed a host of gold-base metal targets as a focus for the company’s next phase of […]
