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Cazaly Resources Limited ( (AU:CAZ) ) has provided an announcement.
Cazaly Resources reported a strong December 2025 quarter marked by high-grade aircore drilling results at its Goongarrie Gold Project, where shallow intercepts up to 6.6 g/t gold outlined a coherent 1.3 km mineralised trend above 1 g/t between the Goongarrie Lady and Jenny’s Reward deposits, and highlighted additional anomalous gold three kilometres to the north. The company met its initial farm-in milestone at Goongarrie, advanced a detailed lithostructural interpretation to prioritise future drilling, secured A$3.5 million via a well-supported share placement to expand exploration, and completed an earn-in deal over the Romano project with Dundas Minerals that delivers upfront cash and shares while leaving Cazaly free-carried on a 20% interest, ending the quarter with A$5.1 million in cash and investments and a strengthened balance sheet for ongoing exploration.
The most recent analyst rating on (AU:CAZ) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Cazaly Resources Limited stock, see the AU:CAZ Stock Forecast page.
More about Cazaly Resources Limited
Cazaly Resources Limited is an Australian mineral exploration company focused on gold projects, with a key emphasis on the Goongarrie Gold Project in Western Australia’s Eastern Goldfields. Through farm-in and joint venture arrangements, Cazaly targets underexplored greenstone belts and major gold-bearing structures to build a portfolio of high-potential gold assets while maintaining financial flexibility via strategic partnerships and capital raisings.
Average Trading Volume: 1,225,619
Technical Sentiment Signal: Buy
Current Market Cap: A$17.42M
For an in-depth examination of CAZ stock, go to TipRanks’ Overview page.