Cazaly Resources is eagerly awaiting results from recently completed infill lag sampling across four surface geochemical gold targets at its Yabby prospect 10km west of Laverton in WA’s Goldfields.
A total of 246 samples were collected to follow up on gold anomalies identified during the company’s initial sampling program in January, with analytical results expected to take about eight weeks.
The initial sampling program comprised of 209 lag samples collected on a broad spaced grid measuring 400x200m across the entire project area.
The latest program was designed to reduce the sample space down to 200x50m.
The Yabby project covers 16 square kilometres of the highly prospective Laverton Greenstone Belt and is directly west of the Chatterbox shear zone where Focus Minerals has several gold mines.
Cazaly says the north-north-east trending anomalies show the same orientation as the Apollo, Whisper and Eclipse gold deposits mined by Focus last decade.
To date, the initial work at Yabby indicates we have a number of mineralised gold trends likely to be shear hosted. This current phase of surface sampling should refine surface geochemical anomalies to prioritise drill worthy targets.
In January the company also completed a program of 1211 surface samples at its Ashburton project in the Pilbara region.
The project covers major regional structures considered to be highly prospective for major gold mineralisation.
Having listed in 2003, the company has been around long enough to build royalties to strengthen its gold prospects in addition to its copper, zinc, silver, base metals, nickel and platinum group elements projects.
Cazaly’s portfolio spans three wholly-owned projects, three joint venture interests — including one in Namibia — and two iron ore royalties.
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