Cazaly Resources set to spin the bit at Hastings gold prospect

• Line clearing and access preparations now underway
• Maiden aircore drilling program imminent at Hastings
• Aircore drilling planned to test 2.6km of the mineralised corridor
• Drilling designed to follow up and extend historic high-grade gold

Cazaly Resources (ASX:CAZ) is finalising on-ground preparation at the Hastings gold prospect, part of the Goongarrie gold project north of Kalgoorlie in WA’s Eastern Goldfields.

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MD, Tara French, said with drilling approvals complete, earthworks are underway to prepare drill lines ahead of rig mobilisation.

“The Hastings prospect is a priority target, and it is pleasing to see the program move from planning to execution. We look forward to getting the aircore rig turning shortly.”

The upcoming 3,000m aircore program is designed to systematically test approximately 2.6km of strike along the prospective Bardoc Tectonic Zone (BTZ) shear corridor, where bedrock gold mineralisation lies beneath shallow alluvial cover.

The prospect is located six km north of the 1.5 million ounce (Moz) plus Aphrodite gold deposit, which lies along the same structural corridor.

Previous drilling by Kingwest Resources at Hastings returned a standout intercept of 38m at 3.1 grams per tonne (g/t) gold from 62m to the end of hole at 100m depth.

This significant intersection indicates mineralisation remains open at depth and along strike. The Hastings prospect represents a priority target for Cazaly’s ongoing exploration strategy at Goongarrie.

With line clearing underway, the company expects to mobilise the aircore rig and commence drilling shortly.

Deeper reverse circulation drilling will be planned to follow up on the more significant aircore results in due course.

In an active period of exploration Cazaly earlier this week announced it had contracted a high-resolution drone aeromagnetic survey over its priority magnetic targets at the Abenab North project in Namibia.

The survey is designed to sharpen the resolution of the Cadix magnetic high, refine its geometry and internal magnetic variability, and vector drill-collar locations for priority drilling, positioning the company to move directly into its maiden drilling program.

CAZ was steady at 2.0¢, Mkt cap $11.78M.

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