Cazaly's Bommie prospect

Cazaly Resources progressing with works across portfolio in WA and Queensland

Cazaly Resources (ASX:CAZ) announces that reverse circulation (RC) drilling has been completed at its Halls Creek Project located 25km southwest of Halls Creek in the East Kimberley Region of Western Australia.

The company reports that in addition, activities have advanced at the Vanrock Project located in central north Queensland, 350km west of Cairns within the northern portion of the Townsville-Mornington Island Igneous Belt (TMIB).

RC drilling has been completed at the Halls Creek Project where 19 holes were drilled for 4,049m to test the Moses Rock EM conductor and the Bommie Porphyry Copper System.

The Bommie Prospect, a porphyry copper target had 16 holes were drilled for 3,395m to test the continuity of broad copper intercepts across the prospect on an approximate 100m x 100m grid.

Commenting on the works, Cazaly Managing Director Tara French noted: “We are extremely pleased to see RC drilling at Halls Creek completed and look forward to the receipt of assays within 2-3 months.

“The drilling will contribute to the estimation of a maiden copper resource at the Bommie prospect by the end of December ’22”

The drilling will contribute to the estimation of a maiden copper resource at the Bommie prospect by the end of December ’22.”

Cazaly notes that the Bommie Prospect is located 2.5km southwest of Mount Angelo North and is interpreted as a large ‘low-grade’ copper system with significant drill intercepts.

The prospect has an extensive surface geochemical signature which provides further encouragement for a large mineralised system. All priority drill holes were completed. A decision to complete the second priority drillholes will be made following the receipt of all assay results and the estimation of a maiden inferred mineral resource.

Meanwhile, at the Vanrock Polymetallic Project an airborne Electromagnetic (EM) survey has been completed across the using the Xcite system, a high-resolution helicopter borne time domain electromagnetic and magnetic survey system.

Eight lines were completed in total for 40km on a 500m line spacing in which 4 lines were completed across the Vanrock target, and 4 lines were completed across a lookalike target on EPM27085 located 10km to the southeast of the Vanrock target.

The Xcite survey was completed to provide more detail on the original airborne EM anomaly identified by Geoscience Australia. Final survey data is pending.

Commenting further, MD Tara French added: “We were fortunate to find NRG Australia airborne surveys working in the district and seized the opportunity to acquire more data to supplement the existing dataset and modelled target at Vanrock.

Heritage work and diamond drilling is on schedule to be completed by the end of the September ‘22 quarter.”

Townsville based heritage consultants have been engaged to conduct a  cultural heritage survey on the 24-26 August 2022. Following survey clearance, earthworks will be completed by local contractors to establish site access in readiness for the commencement of diamond drilling.

A diamond drilling contractor has been engaged to commence the drilling at the Vanrock target in early September.

Images: Cazaly Resources Ltd
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Written By Adam Orlando Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.