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An update from CZR Resources Ltd ( (AU:CZR) ) is now available.
CZR Resources Ltd has successfully completed its aircore drilling program at the Croydon gold project, located in the Mallina Basin, Western Australia. The program involved drilling 179 aircore holes and collecting 107 surface rock chip samples, which have been dispatched for assay. The drilling confirmed the presence of large diorite intrusions and intersected multiple zones of quartz veining and gossanous material, indicating a potentially mineralized system similar to the nearby Hemi deposit. The results, expected in 4-6 weeks, will inform the next phase of exploration, including targeted RC and diamond drilling. This development marks a significant milestone for CZR, enhancing the understanding of the project’s geology and prospectivity.
More about CZR Resources Ltd
CZR Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of gold projects. The company is primarily engaged in activities within the Mallina Basin in Western Australia, with a significant emphasis on the Croydon gold project.
Average Trading Volume: 199,103
Technical Sentiment Signal: Buy
Current Market Cap: A$64.24M
For detailed information about CZR stock, go to TipRanks’ Stock Analysis page.