Cazaly back in saddle with global exploration

With a string of prospective projects across various commodities in Canada, Australia, and Namibia, there’s no shortage of exploration potential across Cazaly Resources’ (ASX:CAZ) portfolio.

Managing Director Tara French tells that after a promising 2023, the first half of 2024 will be primarily focused on lithium exploration at the company’s Kaoko Project and licence approvals at the Abenab North Project in Namibia.

It will also as a priority follow-up work on anomalous surface results at the Lyons REE Project in Western Australia.

In addition, the company is keen to continue its Canadian exploration activities at the Sundown Lithium project located in the heart of James Bay’s lithium province in Québec, and the Carb Lake Rare Earth project in the Red Lake district of the well-known mining province of Ontario.

French tells this news service: “We actually acquired both of those projects last year. So, we are quite new to Canada, but nonetheless a really exciting project.

This is a really exciting place … it’s greater than 3km in diameter, which by comparison is similar size to Mount Weld. It was drill tested in the 1960s with only 4 drillholes – two about 140m depth.

So, it’s had minimal exploration in the past. Now we managed to get our hands on that old drill core that was done in the 1960s.”

Cazaly is currently planning logistics and looking at drill rigs to secure for later in the year to drill test the carbonatite and expects to get on the ground out pending approvals in the second half of 2024.

French adds: “So that’ll be exciting. And moving on to our Sandown Lithium project, which is in James Bay, a very prolific area for lithium mineralisation. Now this is another great opportunity. It’s 260 square kilometres – it’s a very large landholding.

It’s located between all camps … so you know it’s in the right district. We managed to get on the ground there late last year to do some reconnaissance surface sampling.”

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Images: Cazaly Resources
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Written By Adam Orlando Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.