Can Cazaly Unlock Goongarrie’s Untapped Gold Potential with New Drilling?
Cazaly Resources has launched a 2000m reverse circulation drilling program at the Duke of York prospect within its Goongarrie Gold Project, aiming to validate historical gold intercepts and explore new mineralisation zones.
- Commencement of 2000m RC drilling at Duke of York prospect
- Drilling to validate historical gold intercepts including high-grade results
- Goongarrie Project covers 12km of the Bardoc Tectonic Zone
- Cazaly earned option to acquire up to 80% of the project
- Historical drilling dates back to early 2000s with limited recent work
Drilling Begins at a Historically Promising Gold Prospect
Cazaly Resources Limited has commenced a significant reverse circulation (RC) drilling campaign at the Duke of York gold prospect, part of its Goongarrie Gold Project in Western Australia's Eastern Goldfields. This 2000-metre program aims to test beneath historical workings and validate previous drill results that showed promising gold grades, including intercepts of 13 metres at 3.5 grams per tonne and 8 metres at 10.7 grams per tonne.
Strategic Location in a Rich Gold District
The Goongarrie Project is strategically located approximately 90 kilometres north of Kalgoorlie, along the Goldfields Highway. It covers a 70 square kilometre greenstone belt within the Kalgoorlie Terrain, encompassing a 12-kilometre strike of the Bardoc Tectonic Zone (BTZ). This zone is known for its complex structural geology and potential to host significant gold deposits, as evidenced by nearby historical mines and recent high-grade intercepts reported by other explorers in the region.
Building on Historical Data with Modern Exploration
Historical drilling at Duke of York was limited, with the last substantial program conducted in 2001 by Red Back Mining NL and Goldfields Exploration, followed by minor work in 2011. Cazaly’s current drilling is designed to validate these earlier results and provide a foundation for further exploration along strike and down plunge. This approach reflects a broader industry trend of revisiting legacy data with modern techniques to unlock new value.
Rapid Progress Following Strategic JV and Approvals
Since exercising its option to earn up to 80% of the Goongarrie Gold Project from Brightstar Resources earlier this year, Cazaly has moved swiftly to secure necessary approvals and commence drilling within three months. Managing Director Tara French highlighted the excitement around testing multiple gold targets in this prospective district, underscoring the company’s commitment to advancing exploration rapidly.
Looking Ahead, Potential for New Discoveries
The Duke of York and adjacent Star of Goongarrie prospects lie within a structurally complex zone at the intersection of two faults, increasing the likelihood of significant gold mineralisation. As assay results from the current drilling phase are awaited, investors and analysts will be watching closely for confirmation of historical grades and indications of extensions that could underpin a larger resource.
Bottom Line?
Cazaly’s drilling campaign at Duke of York marks a pivotal step in unlocking Goongarrie’s gold potential, with results poised to shape the project’s future trajectory.
Questions in the middle?
- Will the current drilling validate the historical high-grade gold intercepts?
- How extensive is the gold mineralisation along strike and down plunge at Duke of York?
- What are the next exploration steps if promising results are confirmed?