Latest Ozz Resources (ASX:OZZ) News

OZZ Resources has entered a binding option agreement with Scorpion Minerals to sell its Maguires Reward project, securing an initial $100,000 fee and potential $2.5 million consideration pending shareholder approval. Exploration activity remained subdued across its portfolio during the December quarter.

OZZ Resources has entered a binding option agreement with Scorpion Minerals, offering an exclusive chance to acquire its key tenements for $2.6 million plus a gold production royalty. The deal awaits shareholder approval and hinges on several regulatory and operational conditions.

OZZ Resources advances exploration with fresh gold anomalies at Maguires Reward and pursues a joint venture to unlock project potential amid ongoing ASX suspension.

OZZ Resources Limited has provided a detailed update to ASX on its prolonged voluntary suspension, citing procedural delays in Zimbabwe and a pending joint venture at its Maguires Reward Project. The company outlines exploration activities, expenditure, and plans to resume trading.

OZZ Resources reported steady progress across its Western Australian gold projects in the June 2025 quarter, highlighted by a promising mining scoping study at Maguires Reward and ongoing exploration activities. The company maintains a cautious cash position while seeking partners to advance development.

OZZ Resources reports encouraging progress at its Maguires Reward gold project, underpinned by a scoping study indicating potential positive cash flow, while maintaining steady exploration across multiple Western Australian tenements with $173,000 cash at quarter-end.

OZZ Resources reports a promising scoping study for its Maguires Reward gold project, highlighting potential positive cash flow despite limited exploration activity during the December 2024 quarter.