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CZR Resources Ltd (ASX:CZR)

ALERT: Price-sensitive ASX Announcement for CZR
Current share price for CZR : $0.210 -0.115 (-35.38%)+
Announcement
Release
4 Mar 2026 9:06AM
Price at Release
$0.325
Full Release
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Summary
CZR Resources Ltd has announced the results from a 22-hole reverse circulation (RC) drill program at the Top Camp deposit within its Croydon Gold Project in the Pilbara region of Western Australia. The drilling has confirmed extensive shallow gold mineralization over a strike length of 650 meters with high-grade ore shoots. The mineralization is primarily hosted within heavily folded Malina sediments intersected by shear zones, with some of the best intersections associated with a calcium-carbonate rich dolomite unit. The drill program has successfully defined the style and orientation of the mineralization, extending it by 100 meters along strike, with the potential for numerous repeats of similar systems over a 5-kilometer host stratigraphy. Upcoming drilling plans focus on expanding shallow gold zones and targeting high-grade shoots. The project is strategically positioned near Northern Star Resources' Hemi gold deposit, offering substantial upside potential.
Key Points
  • CZR Resources Ltd has completed a 22-hole RC drill program at Top Camp, Croydon Gold Project.
  • Drilling confirmed extensive shallow gold mineralization over 650 meters with high-grade shoots.
  • Mineralization is hosted in Malina sediments and shear zones with significant intersections in dolomite units.
  • The program extended known mineralization by 100 meters and suggests potential repeats over 5 km.
  • Upcoming drilling will focus on expanding shallow zones and targeting high-grade ore shoots.
  • The project is located near Northern Star Resources' Hemi gold deposit.
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.