Cazaly Resources (ASX:CAZ) drills into untested gold territory at Goongarrie

Cazaly Resources (ASX:CAZ) drills into untested gold territory at Goongarrie

June 10, 2025 Off By MarketOpen

In the crowded world of WA gold exploration, a compelling narrative is taking shape at Goongarrie, where Cazaly Resources (ASX:CAZ) is preparing to test historical and structural promise with a drill rig rather than a sales pitch.

Fresh approvals from the Department of Energy, Mines, Industry Regulation and Safety have cleared the path for both aircore and reverse circulation (RC) drilling at the Duke of York and Star of Goongarrie prospects.

These lie within the Bardoc Tectonic Zone (BTZ), a fertile stretch of greenstone geology regarded as the northern sibling of the famed Boulder-Lefroy Shear Zone.

Highlights

  • RC and AC drilling approved at Duke of York prospect

  • Heritage survey complete, no sites of concern

  • Initial drilling to follow up standout intercepts:
    8m at 10.7g/t Au, 13m at 3.5g/t Au, 3m at 6.3g/t Au, 4m at 2.7g/t Au

  • Broader AC program to explore 5km of under-tested BTZ strike

What distinguishes Cazaly’s strategy is its dual focus.

First, to validate historical intercepts with RC drilling across the structurally complex junction of the Menzies and Boorara faults.

Second, to cast a wider net through aircore work that will probe the less explored terrain north of Jenny’s Reward, including targets between Goongarrie Lady and the old workings.

These aren’t just names on a map, Jenny’s Reward and Goongarrie Lady were mined back in the 1980s and the latter has recently been recommissioned.

Their proximity, and the structural similarities across the trend, give Cazaly Resources more than just a geological hunch to work with.

“RC drilling is scheduled to commence shortly following site preparation works,” the company said, marking the next major step in what has already been a fast moving campaign since Cazaly exercised its option to earn up to 80 percent of the project in March.

The Goongarrie play has inherited some compelling recent context.

Across the fence at Comet Vale, Gorilla Gold has produced intercepts including 19m at 18.1g/t Au and 11m at 24.8g/t Au, underscoring the region’s broader prospectivity.

The point of difference here lies in Cazaly’s window of opportunity.

With former project owner Brightstar Resources shifting focus post-merger, and much of the Goongarrie belt still barely scratched beyond surface sampling and shallow aircore, Cazaly now holds the drill bit in a gold corridor with underexplored depth potential and historical anomalies begging for modern follow up.

While the upcoming drilling campaign may not define the ultimate scale of the project, it represents a significant step forward.

In a gold market increasingly focused on new discoveries, Cazaly’s data-driven return to Goongarrie could prove timely, reigniting interest in a district that has long held geological promise but has remained largely overlooked.

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