Half Year Accounts

Cazaly Resources delivers a robust half-year financial result, advances its gold and copper assets, and strengthens its project pipeline with key corporate milestones for future growth.

<ul><li>Reported a significantly reduced half-year loss of $64,161, compared to $2.74 million in the prior corresponding period, with strong working capital of $5.15 million.</li><li>Advanced the Goongarrie Gold Project, earning an initial 25% interest and progressing towards 80%; successful RC and aircore drilling yielded high-grade gold intercepts.</li><li>Strengthened asset portfolio with the sale and JV agreement for Romano Project, realising $150,000 in cash and $350,000 in Dundas shares, plus contingent milestone payments.</li><li>Secured a major exploration licence at Abenab North Copper-REE project in Namibia and progressed the Carb Nb-REE Project in Canada.</li><li>Raised $3.4 million via placement to fund drilling programs and issued performance and service rights to align management with shareholder interests.</li><li>Retained significant royalty interests in Parker Range and Hamersley iron ore projects, positioning Cazaly for future recurring income streams.</li></ul>

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Half Year Accounts