Cazaly Resources Limited’s Goongarrie Gold Project Delivers Up to 56.3g/t from RC Drilling – High-Grade Quartz Veins Signal Robust Growth Potential
Monday, August 18, 2025
at
8:49 am
Cazaly Resources Limited reported strong final 1m drill assay results at its Goongarrie Gold Project in Western Australia. High-grade gold in quartz veins and shear zones reinforces the potential for both open pit and underground development, supporting an exciting exploration outlook for investors.
Cazaly Resources Limited has reported final assay results from its recent reverse circulation drilling program at the Goongarrie Gold Project in Western Australia’s northeastern goldfields. The detailed 1‐metre sampling has added clarity to the high grade gold mineralisation discovered in both quartz veins and broader shear zones. In particular, the Duke of York prospect has yielded exceptional grades with intercepts of 56.3, 41.9, and 15.9 grams per tonne of gold across narrow quartz vein zones, underscoring evidence of supergene enrichment. The program also confirmed the presence of a broader mineralised shear zone at the Duchess prospect, where gold grades of 6.6 grams per tonne were recorded over a 2‐metre interval at depth.
The drilling campaign, conducted across multiple prospects including Duke of York and Duchess, has furnished extensive technical data that highlights the potential for both open pit and underground development. The company’s assay results, collected in 1‐metre increments, complement earlier composite intercepts which included a 12‐metre intercept at 7.2 grams per tonne and a 20‐metre intercept at 1.9 grams per tonne. These results, along with detailed drill-hole cross sections and comparisons across several drill holes, reinforce the high-grade nature of the gold system. The Goongarrie Project covers a 70 square kilometre area within a significant greenstone sequence, strategically located along a major gold-bearing structure that extends over 12 kilometres in the Bardoc Tectonic Zone.
Looking ahead, Cazaly Resources Limited plans to initiate aircore drilling in the September quarter to test new targets along the Boorara and Menzies shear zones over an initial 5-kilometre strike. The company also intends to conduct follow-up RC drilling to further delineate the mineralisation at both the Duchess and Duke of York prospects. Additionally, interpretation of reprocessed aeromagnetic data in conjunction with these new drill results aims to refine target generation, which could lead to further exploration opportunities across the project area.
The strong technical data points lend bullish sentiment to Cazaly’s exploration efforts. The confirmation of high-grade intercepts in both the supergene enriched quartz veins and the broader shear zone provides significant encouragement for potential future resource expansion, making the project appealing to those with a long-term view of gold exploration. Moreover, the planned follow-up drilling and the use of multiple technical indicators boost optimism about delineating economically viable deposits.
Conversely, the inherently uncertain nature of early-stage exploration introduces a degree of bearish sentiment. While the assay results are promising, they must be verified by further drilling and robust resource estimation before any definitive conclusions about the project’s economic viability can be drawn. The forward-looking statements underline the risks associated with exploration, including the challenges in confirming continuity of mineralisation and the potential for variability in true intercept widths.
Overall, this latest announcement from Cazaly Resources Limited showcases a robust and detail-rich exploration program that is generating significant interest due to its high-grade intercepts and strategic location. The next phases of drilling will be crucial in determining the true potential of the Goongarrie Gold Project.