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COPPER ASSAY RESULTS RECEIVED BOMMIE RESOURCE DRILLING

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ASX ANNOUNCEMENT 14 October 2022

COPPER ASSAY RESULTS RECEIVED BOMMIE RESOURCE DRILLING Cazaly Resources Limited (ASX: CAZ, “Cazaly” or “the Company”) is pleased to announce that all analytical results have been received for the reverse circulation (RC) resource drilling program completed at the Bommie Porphyry Copper Prospect in Halls Creek during August 2022. The Halls Creek Project is located 25km southwest of Halls Creek in the East Kimberley Region of Western Australia.

Highlights: • Final assay results have been received for 3,395m of RC resource drilling at the Bommie Porphyry Copper Prospect • Wide copper intercepts reported as down hole depths include: o 126m @ 0.3% Cu from 54m to 180m in HCRC0067 o 110m @ 0.4% Cu from surface to 110m in HCRC0065 o 114m @ 0.3% Cu from 2m to 116m in HCRC0077 • Maiden Resource estimation process underway

Figure 1. Bommie Porphyry Copper Prospect with contoured copper in soil anomalies and anomalous RC resource drill intercepts >0.3% Cu.

ASX: CAZ

admin@cazalyresources.com.au | Ph: +61 8 93226283 | www.cazalyresources.com.au L3, 30 Richardson Street West Perth WA 6005 | PO BOX 396 West Perth WA 6872


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