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Cazaly Resources Advances Goongarrie JV with $286k Exploration Spend in Q1 2025

5:17am on Monday 2nd of June, 2025 AEST Mining
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Cazaly Resources Advances Goongarrie JV with $286k Exploration Spend in Q1 2025

5:17am on Monday 2nd of June, 2025 AEST
Key Points
  • Executed earn-in agreement with Brightstar Resources for up to 80% of Goongarrie Gold Project
  • Planned initial drilling at Duke of York prospect targeting high-grade gold mineralisation
  • Exploration activities included data mining, aeromagnetic reprocessing, and drill planning
  • Maintained $3.3 million cash and invested $286k in exploration during the quarter
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