Cazaly raring to get grabby at Yabby as the hunt for tasty treats continues

Cazaly has completed infill lag sampling across four anomalous surface geochemical gold targets at the Yabby project just 10km west of Laverton, Western Australia.

This program followed up on initial sampling that had identified the four trends and has been designed to reduce the sample spacing from 400m by 200m to 200m by 50m.

Cazaly Resources (ASX:CAZ) notes the north-northeast trending gold anomalies show the same orientation as the adjacent Chatterbox shear zone which hosts the Apollo and Whisper gold deposits that were mined by Focus Minerals in the 2010s.

Gold mineralisation is also evident 4km to the south along strike at Magnetic Resources’ (ASX:MAU) Lady Julie gold project.

“To date, the initial work at Yabby indicates we have a number of mineralised gold trends likely to be shear hosted,” managing director Tara French says.

“This current phase of surface sampling should refine surface geochemical anomalies to prioritise drill worthy targets.”

Learning more about Yabby

The Yabby project covers 16km2 of the highly prospective Laverton Greenstone Belt, directly west of the Chatterbox shear zone.

This is encouraging given that the Focus’ Laverton projects alone had a total open pittable resource of 57.8Mt grading 1.54 grams per tonne (g/t) for 2.8Moz of contained gold while the Lady Julie has recent results such as 22m at 4.1g/t gold from surface and 16m at 5.59g/t gold from 20m.

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.