Cazaly Resources (ASX:CAZ) Kicks Off Drilling at Duke of York Amidst Eastern Goldfields Excitement

June 17, 2025 04:52 PM AEST | By Team Kalkine Media

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Cazaly Resources (ASX:CAZ) Kicks Off Drilling at Duke of York Amidst Eastern Goldfields Excitement — Image source: Shutterstock

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Highlights

RC drilling underway at Duke of York within Goongarrie Gold Project

Program targets historical gold intercepts for validation and extension

First of several gold prospects to be tested in a high-potential district

Cazaly Resources (ASX:CAZ) has launched a reverse circulation (RC) drilling campaign at the Duke of York prospect, situated within the Goongarrie Gold Project in Western Australia’s prolific Eastern Goldfields region. This 2,000-metre drilling program is designed to test the area beneath historical gold workings and verify earlier exploration results.

The Duke of York prospect holds strategic importance within Cazaly's exploration portfolio. The drilling campaign aims to confirm and build upon promising historical intercepts including 13 metres at 3.5 grams per tonne (g/t) and 8 metres at 10.7g/t gold. These intercepts indicate strong mineralisation potential and will guide further exploration aimed at tracing gold extensions along strike and down plunge.

The campaign also marks a significant milestone for Cazaly Resources, following the recent agreement to earn up to 80% of the Goongarrie Gold Project. The company rapidly moved from securing the rights to initiating on-ground activity in under three months—a timeline that reflects focused planning and regulatory readiness.

Cazaly’s leadership has expressed strong optimism regarding this phase of exploration, identifying Duke of York as just the beginning of a broader exploration initiative targeting multiple gold-rich prospects across the Goongarrie region. The area has historically been recognised for its mineral potential, and the renewed focus is expected to unlock new opportunities for resource development.

The project aligns with broader investor interest in gold exploration activity, particularly in Australia’s Eastern Goldfields, known for its extensive history of gold production. This drilling program positions Cazaly Resources to generate new geological insights and potentially define a substantial resource in one of Australia’s most established mining jurisdictions.

While Cazaly Resources does not currently fall within the ASX300 stocks, its developments continue to attract market attention, particularly as mid-tier exploration companies play a growing role in Australia's mineral sector landscape. The ASX300 remains a key benchmark index, and companies with successful exploration programs often seek inclusion through increased market capitalisation and investor interest.

As results from the Duke of York drilling are awaited, market observers will be closely watching how these early indicators shape the next phase of activity within the Goongarrie Gold Project.

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