FinTechFunding

CZR Resources: Receives clearance to expand Robe Mesa deposit

CZR Resources Receives clearance to expand Robe Mesa deposit

  • CZR Resources (CZR) passes another milestone in its plans to expand the mine life at its Robe Mesa iron ore project in WA’s Pilbara
  • The company receives heritage clearance for the northern extension of the deposit — an area that sits along strike of the 37.5-million-tonne mineral resource
  • With the clearance now in hand, CZR says it will fast-track drilling at the northern extension of the zone to incorporate it into an expanded mineral resource estimate
  • Field activities are scheduled to resume in the area after significant rainfall in May
  • CZRResources is down 13.33 per cent and trading at 1.3 cents at 11:40 am AEST
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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