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Cazaly Resources Limited ( (AU:CAZ) ) just unveiled an update.
Brightstar Resources Limited has entered into a binding agreement with Cazaly Resources Limited, granting Cazaly an option to earn up to an 80% interest in the Goongarrie Gold Project by funding exploration expenses up to $3 million. This partnership allows Brightstar to focus on its core development and mining projects, including ongoing work at the Second Fortune and Fish underground projects, while maintaining exposure to exploration success through the joint venture. The collaboration is part of Brightstar’s strategy to enhance and expand its mineral resources across its project areas in the Eastern Goldfields and Murchison regions.
More about Cazaly Resources Limited
YTD Price Performance: 8.33%
Average Trading Volume: 603,262
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6M
For an in-depth examination of CAZ stock, go to TipRanks’ Stock Analysis page.
