OzAurum Resources Limited has revealed promising new drilling results from its Cross Fault target within the Mulgabbie North Gold Project. The latest diamond drilling has confirmed two distinct gold mineralisation styles—a sheeted vein array and breccia-style zones with visible gold—extending the known strike length and reinforcing the potential scale of the project. One diamond drill hole returned 25 meters averaging 1.24 g/t gold, featuring one-meter intervals with grades as high as 5.63 and 5.83 g/t, while another hole showed 17 meters at 1.25 g/t from surface. These encouraging intercepts are complemented by aircore drilling that extended gold mineralisation 600 meters along strike, with shallow intercepts such as 4 meters at 1.03 g/t and 4 meters at 0.57 g/t from near surface. The Company’s detailed technical work also delineated new reverse circulation drilling targets adjacent to outcropping porphyry, with geological evidence of faults offsetting stratigraphy by up to 30 meters. Such structures have historically been associated with higher-grade gold mineralisation, and the confirmation of dual mineralised zones in areas of active faulting further aligns with the Company’s geological model. The Cross Fault discovery, located 1.3 kilometers south of previous drilling, potentially enhances the overall project, which hosts a reported resource of approximately 260,000 ounces of gold. From a sentiment perspective, there are several bullish elements for the project. The identification of multiple mineralisation styles with significant high-grade elements and the expansion of drill targets signal considerable upside potential. The results lend confidence to the geological interpretation and open the prospect for immediate follow-up RC drilling in areas where mineralisation extends to shallow depths, suggesting that further drilling could unlock additional value. Conversely, potential bearish considerations include the inherent risks of early-stage exploration where further drilling campaigns are necessary to fully define and delineate the resource. Some of the shallow aircore intercepts recorded lower gold tenors, which highlight typical challenges in exploring in a complex geological setting. As always at the exploration stage, uncertainty remains until more definitive results are obtained through follow-up programs and detailed fieldwork. Overall, the latest drilling outcomes at Cross Fault add an encouraging layer to the Company’s advancing exploration program at the Mulgabbie North project, with new targets and geological insights providing a strong rationale for continued investment in further exploration activities.