EXERCISES OPTION TO ACQUIRE MAJOR GOLD PROJECT

EXERCISES OPTION TO ACQUIRE MAJOR GOLD PROJECT
Adjoins Gold Roads’ Yamarna Gold Project

  • Option to purchase Yamarna West Pty Ltd, holder of licence application over the majority of the Mount Venn greenstone belt has been exercised
  • Mount Venn belt associated with the Yamarna Shear, host to Gold Road Resources’ (ASX:GOR) emerging world class Yamarna Gold Project
  • Exploration to focus on Camp Scale gold targets

Cazaly Resources Limited is pleased to announce that it has exercised its option to purchase all the shares in private exploration company Yamarna West Pty Ltd. Yamarna Wests’ key asset is exploration licence application E38/3111 which covers the majority of the Mount Venn greenstone belt located in the north-eastern goldfields of Western Australia.
Cazaly is currently reviewing the database and planning future exploration programmes whilst negotiating access agreements.

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