- Cazaly Resources (CAZ) kicks off the next round of drilling at its Halls Creek project in Western Australia
- Reverse circulation drilling is planned across the Bommie prospect to test the continuity of broad copper intercepts
- Work will also be undertaken at Moses Rock to test an electromagnetic conductor targeting another massive sulphide deposit
- Managing Director Tara French says it is a “great feeling” to be back on the ground at Halls Creek and CAZ looks forward to using the results to plan the next phase of work
- Company shares are up 1.39 per cent trading at 3.7 cents at 3:51 pm AEST
Cazaly Resources (CAZ) has kicked off the next round of drilling at its Halls Creek project in Western Australia.
The company was required to enter a trading halt earlier today ahead of its announcement to shareholders that its anticipated reverse circulation drilling program had begun.
In its March quarterly report the company revealed plans to test the continuity of broad copper intercepts across the Bommie prospect and was awaiting appropriate approvals and clearances.
Drilling is also being undertaken across Moses Rock to test an electromagnetic conductor targeting another massive sulphide deposit.
With the necessary approvals in hand, Managing Director Tara French said it was a “great feeling” to be back on the ground at Halls Creek to begin drilling priority targets at both Bommie and Moses Rock.
Once received, the results from this program will help CAZ to plan the next phase of work at Halls Creek.
Company shares were up 1.39 per cent trading at 3.7 cents at 3:51 pm AEST.