Cazaly Resources eager to progress multi-element portfolio

THE DRILL SERGEANT: Cazaly Resources (ASX: CAZ) recently released results from pre-collar RC drilling recently completed at the company’s Mt Angelo North copper deposit located in the Kimberley region of Western Australia.
 

In all, Cazaly conducted 10 pre-collar RC and 9 diamond tails totalling 1,115 metres of RC and 681 metres of diamond drilling for this particular program.

 

The Roadhouse spoke with Cazaly Resources joint managing director Clive Jones at the RIU Melbourne Resources Roundup. Watch here.

 

The RC drilling was largely conducted to facilitate diamond core drilling principally aimed at exploring the extent of the recently discovered ‘Feeder Zone’, which was previously reported from the company’s initial diamond core drilling program in June this year.

The company explained that some of the pre-collars were positioned to also test for eastern extensions of the upper massive sulphide blanket.

Of the nine pre-collars drilled on the eastern flank, eight were successful in extending this mineralisation.

Highlights included:

27 metres at 2.86 per cent copper equivalent;

21m at 1.95 per cent copper equivalent; and

18m at 1.6 per cent copper equivalent.

Cazaly said it had been encouraged by the discovery of the feeder zone as it considers it could lead to the discovery of further high-grade mineralisation at Mount Angelo North.

The company said multi-element data and structural information collected from the drilling will targeting other massive sulphide lenses as well as extensions to the blanket and feeder mineralisation defined to date at the Mt Angelo North copper deposit.

The Halls Creek copper project is located in the Kimberley region of Western Australia is subject to an agreement with 3D Resources Limited (ASX: DDD) whereby Cazaly may earn up to a 75 per cent interest in the project.