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CZR Resources Ltd (ASX:CZR)

ALERT: Price-sensitive ASX Announcement for CZR
Current share price for CZR : $0.200 -0.065 (-24.53%)+
Announcement
Release
28 Apr 2026 9:24AM
Price at Release
$0.265
Full Release
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Summary
CZR Resources Ltd has commenced an extensive exploration program at the Croydon Gold Project in Western Australia’s Pilbara region. The company is focusing on expanding known mineralisation at the Top Camp and Bottom Camp prospects. The drilling program includes RC drilling to test over 900 meters of strike at Top Camp, with completion expected within 4-6 weeks, followed by diamond drilling for core recovery and structural analysis. Additional exploration efforts include RC drilling at Frank’s Patch and Middle Valley, and mapping and geochemical sampling to identify further targets. The project is well-funded with $67 million in cash and no debt.
Key Points
  • Drill pads cleared to test over 900m of strike at Top Camp.
  • RC drilling at Top Camp and Bottom Camp to complete in 4-6 weeks.
  • Diamond drilling for metallurgical testwork and geological interpretation.
  • Additional drilling planned at Frank’s Patch and Middle Valley.
  • Geological mapping and sampling to infill gaps between Top Camp and Frank’s Patch.
  • Multiple exploration targets prioritized for Hemi-style intrusions.
  • CZR has $67m cash on hand and is debt-free.
  • Exploration underway at Croydon Gold Project, WA targeting mineralisation extensions.
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.