OZZ Resources have brought in twin-barrel exploration results for its Western Australian holdings, identifying four attractive in-soil gold targets at Pinnacle Well as it wrapped up drilling over Rabbit Bore.
With positive results reinforcing the prospectivity of both projects, it paves the way for a hotly-anticipated pair of follow up programs.
The third phase of geochemical sampling over Pinnacle Well included its recently acquired Linger and Die mining operation, the famed Leonora site holding near-surface grades typically exceeding an ounce of gold per tonne.
Outcomes from the campaign over Rabbit Bore are expected to come in early this month from a fast-tracked campaign which targeted two outstanding areas of gold and copper exploration — with copper assays showing up to 669 parts per million.
The explorer will meanwhile continue a review over its exploration assets, which include seven projects near major gold centres and the expansive Vickers Well rare earth tenements.
OZZ’s Australian Stock Exchange-listed share price is currently trading at 10c (12.15pm UTC+ 8 hours)