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Cazaly Resources Limited (ASX:CAZ)

ALERT: Price-sensitive ASX Announcement for CAZ
Current share price for CAZ : $0.022 0.003 (15.79%)+
Announcement
Release
14 Jul 2026 8:29AM
Price at Release
$0.019
Full Release
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Summary
Cazaly Resources Limited announced the commencement of an aircore drilling program at the Hastings Gold Prospect within the Goongarrie Gold Project, situated 90km north of Kalgoorlie in Western Australia. The program involves approximately 3,000 meters of drilling, targeting a section of the Bardoc Tectonic Zone known for high-grade gold deposits, including an earlier reported intercept of 38 meters at 3.1g/t gold. Hastings is strategically positioned 6km north of the Aphrodite gold deposit. The results from this exploration effort are anticipated to be available by late September, potentially affirming significant mineralisation in the area.
Key Points
  • Cazaly Resources Limited has commenced an aircore drilling program at the Hastings Gold Prospect, Goongarrie.
  • The drilling program covers approximately 3,000 meters and is aimed at following up on previous high-grade gold intercepts.
  • Hastings is located 6km north of the Aphrodite gold deposit in Western Australia.
  • Assay results from the drilling are expected by late September.
  • The project lies along the Bardoc Tectonic Zone, known for its rich gold deposits.
  • Historical drilling at Hastings yielded significant gold intercepts, indicating potential for substantial mineralisation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.