Cazaly has been flying high in search of potential gold anomalies at Ashburton
Preliminary results from Cazaly’s airborne electromagnetic (AEM) survey over its Ashburton project in WA’s Pilbara region has identified several anomalies within the three survey blocks.
In Survey Block 1, which tested an area along the Nanjilgardy Fault with anomalous historical surface geochemistry, the survey returned subtle anomalous conductive trends with west-northwest orientations that coincide with the strike of the lithology.
This work noted the presence of several higher amplitude anomalies on the eastern block margin.
Over at Blocks 2 and 3, where Cazaly Resources (ASX:CAZ) designed its EM survey to refine broad TEMPEST AEM anomalies identified in publicly available government survey data, a separate conductive response coinciding with the margin of the New Finish prospect was noted in Block 2.
Additionally, a very strong conductive response – believed to be a stratigraphic response – is shown along the northeastern margin of Block 3.
A number of discrete moderate strength anomalies occur immediately southwest of the stratigraphic response.
While final results – expected within weeks – will enable a more thorough interpretation and detailed assessment of these anomalies, the results are nonetheless expected to aid the company with identifying targets for further exploration.
Geochemical sampling also returned elevated gold and Carlin Score values which coincide with the previously identified mineralised trends while elevated copper assays highlight two new target areas along major regional structures.
“While we await final drill assay results for Vanrock and our Halls Creek Copper Project, we are pleased to be progressing exploration activities across our large landholding in the Ashburton,” managing director Tara French said.
“This geochemical sampling completes our comprehensive early-stage surface geochemical programme. This dataset, used in conjunction with all available geophysical data will aid in vectoring towards discrete targets within the Ashburton tenement package.
“Once the final EM results are received and interpreted, we will be able to utilise all datasets to rank and prioritise areas for further work.”
This article was developed in collaboration with Cazaly Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.