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CZR Resources Ltd ( (AU:CZR) ) just unveiled an announcement.
CZR Resources has completed its first major drilling campaign in five years at the Croydon gold project’s Top Camp prospect, executing 22 reverse circulation holes over 3,885 metres to infill and extend known high-grade mineralisation in the Mallina Basin, with assay results expected in February 2026 and a follow-up drilling phase planned for the first quarter to test strike and depth extensions. At the Edamurta copper project, where recent heritage surveys have cleared EM conductor targets beneath copper and zinc gossans, drilling is scheduled to commence this quarter, positioning CZR to advance both gold and base metal exploration while underpinned by a cash balance of $67.3 million at 31 December 2025.
The most recent analyst rating on (AU:CZR) stock is a Hold with a A$0.47 price target. To see the full list of analyst forecasts on CZR Resources Ltd stock, see the AU:CZR Stock Forecast page.
More about CZR Resources Ltd
CZR Resources Ltd is a Western Australia-focused mineral exploration and development company with five projects held in joint venture with major shareholder Creasy Group. Its portfolio is centred on iron ore, gold and base metals, with key assets including the Croydon gold project in the Pilbara, located along strike from the 11.2Moz Hemi deposit, and the Edamurta copper-zinc VMS prospect near the Golden Grove mining district. Following the A$75 million sale of its Robe Mesa iron ore interest, the company is now concentrating on advancing these higher-value exploration assets, supported by a strong cash position.
Average Trading Volume: 647,452
Technical Sentiment Signal: Buy
Current Market Cap: A$110M
See more insights into CZR stock on TipRanks’ Stock Analysis page.