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Cazaly Resources Limited ( (AU:CAZ) ) has provided an update.
Cazaly Resources reported its March 2026 quarter activities, highlighting exploration progress at the Goongarrie Gold Project in Western Australia and new ground secured in Namibia. The company ended the quarter with cash and investments of $5 million, providing funding capacity for ongoing drilling and project evaluation.
At Goongarrie, Cazaly completed more than 3,000 metres of reverse circulation drilling across several prospects, with initial assays confirming the continuation of high-grade gold at depth at Duke of York and a ground gravity survey launched over the Sir Laurence prospect to guide deeper drilling. In Namibia, the Abenab North exploration licence was granted over more than 790 square kilometres in the Otavi Copper Belt, giving Cazaly multiple walk-up copper and rare earth targets and broadening its international exploration footprint.
More about Cazaly Resources Limited
Cazaly Resources Limited is an Australian mineral exploration company focused on gold and base metals projects, with a key presence in Western Australia’s Kalgoorlie region and emerging interests in Namibia. The company advances early-stage and farm-in projects, targeting structurally controlled gold systems and copper-rare earth element opportunities in established mineral belts.
Average Trading Volume: 529,975
Technical Sentiment Signal: Buy
Current Market Cap: A$15.31M
See more data about CAZ stock on TipRanks’ Stock Analysis page.