CZR Resources Ltd is set to commence an extensive drilling campaign at its Croydon Gold Project in Western Australia’s Pilbara region, a project strategically positioned along strike from the notable Hemi deposit. Previous limited drilling conducted in 2019 and 2020 yielded significant results including 27 meters at 3.2g/t gold (with an interval of 8 meters at 10.0g/t) at one target, alongside other high-grade intercepts. These encouraging early findings have spurred plans to target both a newly identified gravity anomaly and known areas of shallow mineralisation, with the long-term aim of testing for deeper, Hemi-style intrusive systems. The project’s geology, set within the prospective Mallina Basin, mirrors the structural and geochemical characteristics observed at Hemi. Preparatory work is complete with plans to deploy roughly 180 aircore holes along a 6km-long gravity anomaly on the Eastern Block and approximately 20 reverse circulation (RC) drill holes to further test intrusion-related targets and extend the known shallow high-grade zones. CZR Resources Ltd has confirmed that the project is fully funded, bolstered by proceeds expected from the nearly completed $75 million sale of its Robe Mesa project. Technical details of the previous drilling include intervals like an 8-meter section at 1.7g/t gold with a notable 1-meter intercept grading 9.4g/t from 66 meters, as well as a striking 2-meter intercept at 22g/t gold near the surface. These intercepts, paired with supportive geophysical and geochemical surveys, underline the potential of Croydon not only to deliver high-grade shallow mineralisation but also to hint at a larger, intrusive-related gold system at depth. From a bullish perspective, the proximity to established high-grade deposits and the impressive results recorded in early drilling build investor confidence. The detailed technical program and secured funding through the Robe Mesa sale add further weight to the outlook. Conversely, potential bearish factors include inherent exploration risks, the dependency on the finalisation of the Robe Mesa transaction, and the challenges associated with delineating a deeper intrusive system. Investors should note that while forward-looking statements are promising, they are subject to the usual uncertainties of mineral exploration.