Cazaly Achieves First Milestone at Goongarrie Gold Project
Summary
Secured initial 25% interest in Goongarrie Gold Project following completion of Phase 1 farm-in expenditure within 9 months.
Met initial $1 million exploration spend and progressing towards increasing ownership up to 80% through staged investment.
Drilling program delivered strong gold mineralisation over 1.3km strike, including multiple significant intercepts at key prospects.
Next drilling campaign scheduled for Q1 2026 to test mineralisation at depth and expand current targets.
Goongarrie is strategically located in Western Australia's productive goldfields, with potential for significant gold discoveries along major shear zones.