Cazaly launches fieldwork at Sundown Project

Cazaly Resources (ASX:CAZ) has begun its first round of inaugural fieldwork at its Sundown Lithium Project in Quebec, Canada. 

The $14.22 million market capitalisation company says this is the first opportunity for the pegmatites at the project to be sampled and assayed for lithium. 

Initial helicopter-supported exploration has begun, with surface rock chip samples planned to be collected from ‘high-priority’ targeted areas. 

As previously announced, these priority target areas include clusters of potential outcropping pegmatites with several exposures up to 1.5km in length. 

The company will also conduct reconnaissance scouting and sampling across other areas of prospective outcrop on the Sundown property.

Cazaly Resources Managing Director Tara French says: “We are very excited to finally be on the ground after a patient wait. Now we have the opportunity to explore the pegmatites of the Gladman Suite and for the very first time have them assayed for lithium mineralisation.”

Now we have the opportunity to explore the pegmatites of the Gladman Suite and for the very first time have them assayed for lithium mineralisation”

The Sundown project lies in the James Bay lithium province and comprises 510 mining claims covering 260km-square. 

Cazaly Resources is a Perth-based diversified mineral explorer with a portfolio of projects in Canada, Australia, and Namibia. 

As of 30 June 2023, Cazaly had $6.7 million cash and investments at hand, according to its latest quarterly report.

Write to Aaliyah Rogan at Mining.com.au 

Images: Cazaly Resources
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Written By Aaliyah Rogan
Relocated from the East Coast in New Zealand to Queensland Australia, Aaliyah is a fervent journalist who has a passion for storytelling. When Aaliyah isn’t writing stories, she is either spending time with friends and family or down at the beach.