InvestSMART

CZR Resources Ltd (ASX:CZR)

ALERT: Price-sensitive ASX Announcement for CZR
Current share price for CZR : $0.190 -0.015 (-7.32%)+
Announcement
Release
18 Aug 2026 12:53PM
Price at Release
$0.205
Full Release
download
Summary
CZR Resources Ltd has announced assay results from drilling at the Croydon Gold Project in the Pilbara, revealing extended mineralisation at both the Top Camp and Bottom Camp sites. The Top Camp Phase 1 program consisted of 30 holes covering 5,950m, extending the mineralised strike by over 400m. The Bottom Camp's 8-hole RC program aimed to test 700m of strike, encountering gold anomalies and high-grade zones that suggest further potential for mineralisation. The exploration also included drilling at the Martin and Murph prospects, which intersected significant gold-bearing contact zones. Further drilling and analysis are planned to better define the mineralisation across these prospects.
Key Points
  • Heritage surveys are underway to enable future drilling.
  • Assay results from the Croydon Gold Project show extended mineralisation.
  • Top Camp Phase 1 drilling extended the strike by over 400m.
  • Bottom Camp drilling encountered significant gold anomalies.
  • Martin and Murph prospects show potential for intrusive-related mineralisation.
  • Further drilling and re-sampling at Bottom Camp may reveal higher grades.
  • CZR Resources is planning the next phase of exploration.
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.