OzAurum Resources Eyes Fill Control of Western Australia Gold Project Feasibility Study

MT Newswires Live09-16

OzAurum Resources (ASX:OZM) said that Line Hydrogen (Australia), currently under external administration, sought to withdraw from the feasibility study for the Mulgabbie North gold project in Western Australia through a deed of release, allowing the firm to take full control of the project and the direction of the study, according to a Tuesday Australian bourse filing.

Line Hydrogen had completed only limited metallurgical test work, with no column leach testing completed, providing the firm an opportunity to reset the study on a stronger technical foundation.

The firm engaged Burnt Shirt to oversee the feasibility study as well as Kappes, Cassiday & Associates Australia to advise and manage the metallurgical heap leach test work program.

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