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Cazaly Resources Limited ( (AU:CAZ) ) just unveiled an update.
Cazaly Resources Limited has announced a joint venture with Brightstar Resources to earn up to 80% interest in the Goongarrie Gold Project located in Western Australia’s Kalgoorlie-Menzies district. This strategic move positions Cazaly to explore significant gold resources in a region known for world-class deposits, with plans to invest $3 million into exploration. The agreement comes at a favorable time with high gold prices, and Cazaly aims to maximize shareholder value through this venture.
More about Cazaly Resources Limited
Cazaly Resources Limited operates in the resource exploration industry, focusing on identifying and developing gold and other mineral projects. The company is active in the gold sector, particularly in Western Australia, where it seeks to capitalize on high-value gold deposits and exploration opportunities.
YTD Price Performance: 8.33%
Average Trading Volume: 603,262
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6M
See more insights into CAZ stock on TipRanks’ Stock Analysis page.
