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Bulls N' Bears 08 May 2023

CZR tables 230 per cent iron ore reserve jump in Pilbara

CZR Resources has cranked up its Pilbara-based Robe Mesa iron ore reserves by a massive 230 per cent to 27.3 million tonnes at 55 per cent iron, or 62.2 per cent iron after calcining. The reserves underpin an initial eight-year mine plan production of 3.5 million tonnes per annum with a cash cost of $57/t. CZR says there is still more scope for project growth.

Bulls N' Bears 03 Mar 2023

CZR grabs more ground to boost Robe Mesa iron project

CZR Resources has its sights set on more resource growth at its Robe Mesa iron ore development in the Pilbara after acquiring an adjoining tenement to Rio Tinto's Mesa F project from Fortescue. After acquiring the ground CZR has expanded its strike length of the company's P529 deposit to 1.1km. The deposit is only five kilometres from CZR's 45.2 million tonne Robe Mesa iron ore project.

Bulls N' Bears 19 Jan 2023

CZR eyes drilling after boosting WA iron ore deposit

Multi-commodity explorer CZR Resources has closed the book on a memorable 2022 after tabling several highlights in its December activities report including a monster 83 per cent increase in the tonnage of its Robe Mesa iron-ore deposit in the Pilbara region of WA. The asset now tips the scale at 45.2 million tonnes and retains its 56 per cent iron grade despite the massive inventory boost.

Bulls N' Bears 09 Jan 2023

CZR locks in mining approval for Pilbara iron ore deposits

CZR Resources is a step closer to production at its Robe Mesa iron ore project after receiving mining approval from the Department of Mines, Industry Regulation and Safety for two of the site's key deposits. The approval has been granted for the company's Robe Mesa and P529 deposits that respectively sit north and south of Rio Tinto's Mesa F project around 120km from Karratha in the Pilbara region of WA.

Bulls N' Bears 22 Dec 2022

CZR seals native title deal for Pilbara iron ore mine

CZR Resources has struck a native title deal with the Robe River Kuruma people which will see the company place a high priority on protecting country as it presses ahead with plans to join the rank

Bulls N' Bears 20 Dec 2022

CZR snaps up key Pilbara iron ore tenement from FMG

CZR Resources has expanded its Robe Mesa project in the Pilbara after agreeing to acquire a nearby tenement from Fortescue Metals Group subsidiary FMG Pilbara to the south of Rio Tinto's Mesa F iron ore project. Subject to the completion of the sale, the company will make a cash payment of $150,000 to Fortescue in addition to 3.3 million CZR shares and a 1 per cent free-on-board revenue royalty covering any future production from the site.

Bulls N' Bears 16 Dec 2022

CZR, Strike rally for new Pilbara iron ore export site

Iron ore could be exported from Onslow in WA's Pilbara region under a new plan hatched between CZR Resources, Strike Resources and CSL Australia.

Bulls N' Bears 12 Dec 2022

CZR boosts Pilbara iron ore resource to 45.2Mt

ASX-listed Pilbara iron ore explorer CZR Resources has boosted the mineral resource at its Robe Mesa project in the shadow of a prolific Rio Tinto mine precinct by 20 per cent to 45.2 million tonne

Bulls N' Bears 29 Nov 2022

CZR knuckles down for Pilbara gold hunt

Multicommodity explorer CZR Resources is ramping up its gold hunt in the Mallina Basin, home to DeGrey's 8.5-million-ounce gold discovery, in Western Australia's Pilbara goldfields. The company has commenced a ground gravity survey at its Croydon project targeting intrusion-related gold mineralisation where previous drilling has unearthed 8m running at 10.2 g/t from 135m.

Bulls N' Bears 29 Sep 2022

Pilbara pit assays outline extensive iron ore for CZR

Initial assays from extensional RC drilling at CZR Resources' Robe Mesa iron ore project in WA's Pilbara region have confirmed significant direct shipping ore mineralisation beneath the asset's pre-feasibility study pit. The company says the material's average grades of about 55.6 per cent iron align with its targeted production figures and reinforce its strategic plan to lift production and mine life once in operation.

Bulls N' Bears 20 Jul 2022

CZR gets drilling as DFS looms for Pilbara iron ore project

CZR Resources has moved swiftly to kick off drilling in order to establish a definitive feasibility study for its Robe Mesa iron ore project in WA's Pilbara region after receiving heritage approval last month. The company is targeting the northern extension of Rio Tinto's neighbouring Mesa F deposit as it aims to grow its iron ore inventory and increase production rate up to three million tonnes per annum from 2mtpa as outlined in CZR's pre-feasibility study.

Bulls N' Bears 23 Jun 2022

CZR iron ore site swells after Pilbara heritage approval

CZR Resources has been cleared to fast-track drilling after receiving heritage approval that it hopes will lead to a 1.6km expansion of its strike length at the northern extension of its Robe Mesa iron ore project in WA's Pilbara region. The deposit forms part of CZR's Yarraloola iron ore project, 120km south-west of Karratha. The company says heritage clearance allows it to drill along strike to the north of Robe Mesa's current mineral resource.

Bulls N' Bears 02 Jun 2022

CZR grows iron ore resource by more than 50 per cent

CZR Resources has increased the mineral resource at its Robe Mesa iron ore project in the Pilbara by more than 50 per cent whilst maintaining an iron ore grade of 56 per cent. Assay results reported in March revealed extensive direct shipping iron ore outside the prefeasibility study pit designs. The deposit's JORC mineral resource has increased from 24.7 million tonnes to 37.5Mt.

Bulls N' Bears 28 Mar 2022

CZR looks to grow WA iron mine life and production

West Australian iron ore player CZR Resources has received more assays that seemingly support its strategy to grow mine life and production rates at its Robe Mesa iron ore project in the west Pilbara. The company says the project is poised for significant growth as the latest assays continue to reveal extensive direct shipping ore mineralisation from the surface and outside the resource area.

Bulls N' Bears 24 Feb 2022

CZR set for big iron ore resource hike

CZR Resources has received assays from the first 55 holes of a larger drill campaign that indicate the potential for a massive upgrade to direct shipping iron ore resources at Robe Mesa in the Pilbara. Resource increases are anticipated from extensive mineralized hits outside current resource blocks and from the lower ore horizon below existing pit designs.

Bulls N' Bears 16 Dec 2021

CZR winds up iron ore drilling ahead of reserve update

CZR Resources has wrapped up an infill drilling campaign designed to grow the reserves and boost anticipated production from 2mt to 3mt per annum at its Robe Mesa iron ore deposit in WA . The updated reserve estimate will feed into an ongoing definitive feasibility study that will benefit from the infill drilling campaign consisting of 164 RC holes for 7,803 metres within the resource envelope.

Bulls N' Bears 09 Nov 2021

CZR appoints new MD to drive iron ore play

CZR Resources has appointed experienced geologist Stefan Murphy as its new Managing Director. Murphy was most recently the CEO of Northern Territory iron ore developer Nathan River Resources.

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