CZR 1.69% 30.0¢ czr resources ltd

CZR Croydon Gold Project

  1. 6,279 Posts.
    lightbulb Created with Sketch. 569
    Once the IO project gets cleared that is going to be one heck of a lot of cash to proceed with their other projects such as copper and gold it would be good to have some updates on these two.
    Gold
    "The Croydon project is located in the Mallina Basin between Karratha and Port Hedland. The region contains
    De Grey Mining imited’s (DEG) Hemi gold deposit which has a Mineral Resource of 10.4 Moz (DEG release to
    ASX; 21 November 2023). The Mallina Basin is emerging as a major gold province and CZR’s Croydon project
    covers approximately 40km strike of the prospective Mallina Basin, about 50km south-east of Hemi (Figure 11).
    In addition to the gold potential, the region is an emerging centre for lithium mineralisation. ildcat Resources’
    Tabba Tabba and De Grey Mining’s King Col deposits are located along a similar geological setting to the
    northeast, and Morella Corporation imited’s Mallina lithium project earn-in with Sayona Mining is located only
    10km east of CZR’s Croydon project."

    Copper Gold
    Buddadoo Project (CZR 85%)
    The Buddadoo Project covers 303km2 between the small towns of Yalgoo and Morawa approximately 200km
    east of the port of Geraldton in the mid-west region of Western Australia. The project hosts copper, gold and
    vanadium-titanium-magnetite (VTM) mineralisation, with the most advanced prospect a 6km long by 300-500m
    wide zone of **bro with massive and disseminated vanadiferous titanomagnetite (Buddadoo Mafic Complex).
 
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