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Articles by Cazaly Resources
Cazaly Accelerates Goongarrie After A$3.5M Raise
MiningNews.Net interviews Cazaly Resources Managing Director Tara French as she discusses how the strongly supported A$3.5 million placement positions the company to accelerate RC drilling across high-priority targets at Goongarrie. Tara explains her decision to participate in the raising, outlines the key targets and geological features guiding the expanded drilling program, and shares the potential she sees emerging along the Bardoc Tectonic Zone.
Cazaly honing in on discovery success at Goongarrie
Cazaly Resources MD Tara French is looking to build on the explorer's position around its key focus, the Goongarrie gold project in WA's Goldfields, where RC drilling is imminent to follow up anomalous gold intercepts including 8m at 10.7g/t. Cazaly Resources is one of the exhibitors at MiningNews Select Australia 2025. ABOUT THIS COMPANY Cazaly Resources is an innovative group, exploring a diverse portfolio of mineral projects to deliver the critical resources required for a cleaner future.
Rox backs up gold hits with more than 2 ounces to the tonne
facebook twitter linkedin print Rox Resources and its JV partner, Venus Metals are currently ploughing the metres into its Grace prospect next to the old Youanmi gold mine and delivering some impressive early results. One outstanding result was a 4m intercept that graded 69.5g/t gold from a relatively shallow 28m, including 2m at a serious 137.75g/t gold.
Ounce to the tonne dirt for Rox/Venus at Youanmi
The Grace prospect is holding up as potentially a stand-alone discovery for JV partners, Rox Resources and Venus Metals, with assay results hot off the press of 8m going 37.25g/t, including a 4m zone grading 73.81g/t gold from 48m. Rox and Venus recently identified Grace at their Youanmi South project in the Goldfields, a prospect that literally sits right between the historically mined Youanmi pit and the mothballed mill.
MinRes trumps offer for Cazaly project
Cazaly Resources has received an offer of $20 million from Mineral Resources for the sale of its Parker Range iron ore project in the Yilgarn region of Western Australia.
Hylea shares skyrocket nearly 600%
Shares in West Perth-based Hylea Metals rose up to 592 per cent today, after the junior announced it acquired a 65 per cent stake in Paladin Energy’s Kayelekera uranium mine in Malawi.
Cazaly to sell Parker Range for up to $13.4m
Cazaly Resources has signed an agreement to sell its Parker Range iron ore project in the Yilgarn region to private explorer Gold Valley Iron for up to $13.35 million plus royalties.
Fracking moratorium hit to under-pressure gas plays
The state government's moratorium on fracking is the latest hurdle for onshore energy hopefuls in the Perth Basin, in an environment beset by low oil prices and a lack of confidence in capital markets. The temporary ban, which was flagged prior to the March election and will remain in place while the government undertakes an independent scientific inquiry, was one factor behind the decision by White Bark Energy, until recently known as Transerv Energy, to enter the Canadian market.
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