Cazaly Resources Limited
ASX:CAZ ISIN:AU000000CAZ6
Cazaly Resources Limited (ASX:CAZ) is an Australian based diversified mineral resources company which floated on the ASX in October 2003. The company controls a large portfolio of ground largely prospective for Gold, Iron Ore, Uranium and Base Metals, mostly situated within Western Australia.
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News
Northern Mining Limited (ASX:NMI) is pleased to announce the completion of negotiations with Cazaly Resources Ltd (ASX:CAZ) and Balagundi Gold Pty Ltd (BGPL) for a revised Farm-In Agreement over the East Kalgoorlie Project (Project) to include BGPL as a Farminor.
Yesterday, Australian shares rose more than 1%, led by some banks and miners. The benchmark S&P/ASX200 share index closed up 44 points, or 1.3%, to 3,486.8, and the broader All Ordinaries index rose 37.1 points, or 1.1%, to 3,431.9.
Following the Northern Mining Limited's (ASX:NMI) new nickel discovery announcement last week, Northern Mining's current follow-up 23 hole reverse circulation (RC) drilling programme at E26/268 Blair North Prospect, has intersected more significant gold results (Table 1) extending the zone of gold mineralisation along strike and up dip from previous intercepts
Proto Resources & Investments Ltd and Cazaly Resources Limited today
commenced an expanded exploration program - including gravity and "SQUID"
electromagnetic surveys - on their Mt Vetters nickel project near Kalgoorlie
in Western Australia.
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