Cazaly Resources Limited Launches 2000m RC Drilling Campaign at Duke of York to Validate Historic Gold Intercepts at Goongarrie Gold Project

Tuesday, June 17, 2025
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10:29 am
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Cazaly Resources Limited has kicked off a 2000m RC drilling program at its Duke of York gold prospect. The campaign targets validation of high-grade historical results beneath past workings, signaling an exciting opportunity in exploring gold potential in a promising district.

Cazaly Resources Limited has initiated reverse circulation (RC) drilling at the Duke of York gold prospect, situated at its Goongarrie Gold Project in Western Australia. The company has embarked on a 2000-meter drill program designed to test beneath historical gold workings and to validate past intercepts, including an intercept of 13 meters at 3.5 grams per tonne and another of 8 meters at 10.7 grams per tonne. Recent approvals allowed the company to rapidly prepare the drill site with earthworks completed just last week, marking a significant step forward in the exploration program. The current drilling phase aims not only to verify historical results obtained from earlier campaigns in 2001 and 2011 but also to extend the search for gold mineralization along strike and down plunge. The Duke of York and Star of Goongarrie prospects lie within a structurally complex zone near the junction of two faults in the Bardoc Tectonic Zone, a segment of the broader Kalgoorlie Terrain known for its rich gold mineralization potential. Recent nearby exploration efforts by other companies have recorded high-grade intercepts, further underlining the district’s potential. Set in the northeastern goldfields, approximately 90 kilometers north of Kalgoorlie and easily accessible via a major highway, the project covers 70 square kilometers of greenstone and spans a twelve-kilometer section of the Bardoc Tectonic Zone. Historically, limited but promising work has been completed in this area, and Cazaly’s strategic move into RC drilling marks the first of many initiatives aimed at uncovering significant deposits within the section's parallel N-S structures. Bullish sentiment stems from the rapid progress made since the company exercised its option to earn an 80% interest in the project just under three months ago. Positive technical indicators, including historical drill intercepts and the strategic location within one of the world’s richest gold districts, support a strong case for increased exploration potential and possible future discoveries. Conversely, bearish views might point to the uncertainties inherent in early-stage exploration, such as verification of historical data and the technical risks associated with drilling beneath historical workings. While the initial drilling results could validate past achievements, investors are advised to remain cautious about the risks and market fluctuations typical of early exploration projects.

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