tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CZR Resources to Launch Extensive Drilling at Croydon Gold Project

Story Highlights
CZR Resources to Launch Extensive Drilling at Croydon Gold Project

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

CZR Resources Ltd ( (AU:CZR) ) has provided an announcement.

CZR Resources Ltd is set to commence an extensive drilling campaign at its Croydon Gold Project in Western Australia, following the anticipated completion of the Robe Mesa sale. The project, located near the significant Hemi gold deposit, aims to explore a new anomaly and test for large Hemi-style intrusive systems at depth. The drilling program will include approximately 180 aircore holes and 20 reverse circulation drill holes to investigate a 6km-long gravity anomaly and extend known shallow high-grade gold mineralization. This initiative is expected to unlock significant value for the company, leveraging its strategic positioning and geological similarities to the Hemi deposit.

More about CZR Resources Ltd

CZR Resources Ltd is a company involved in the mining industry, focusing on gold exploration and development. The company is currently working on the Croydon Gold Project located in the Mallina Basin, Western Australia, which is known for its significant gold deposits, including the nearby Hemi gold deposit.

Average Trading Volume: 67,509

Technical Sentiment Signal: Sell

Current Market Cap: A$56.89M

For detailed information about CZR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1