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Cazaly Resources Limited ( (AU:CAZ) ) has provided an update.
Cazaly Resources Limited has commenced an aircore drilling program at its Goongarrie Gold Project, following the receipt of further drilling approvals. This program aims to test high-priority areas along the Menzies Shear Zone, specifically targeting the Duchess prospect, which has shown promising gold intercepts. The drilling is intended to define the extent of gold mineralization and generate new targets for future exploration, potentially impacting the company’s operational focus and enhancing its position in the gold mining sector.
More about Cazaly Resources Limited
Cazaly Resources Limited is a company operating in the mining industry, focusing primarily on the exploration and development of gold resources. The company is engaged in identifying and developing high-potential gold mining projects, with a market focus on expanding its resource base and enhancing its exploration activities.
Average Trading Volume: 698,039
Technical Sentiment Signal: Buy
Current Market Cap: A$10.61M
For an in-depth examination of CAZ stock, go to TipRanks’ Overview page.