Cazaly Resources (ASX:CAZ) has completed a detailed drone magnetic survey over three targets at its Abenab North Project in Namibia’s Otavi Fold Belt.
The high‑resolution aeromagnetic survey has confirmed two pronounced magnetic anomalies suitable for drill testing at the Accra and Abenab targets. The Cadix target has been downgraded due to mis‑plotting in historical work.
The survey covered 196 line‑kilometres across three blocks using a caesium‑vapour magnetometer at 30m ground clearance with 50m line spacing.
Cazaly holds a 95% interest in the 790km2 Abenab North Project, located approximately 20km from the historical Tsumeb Copper Mine.
Historical drilling by Kudu Minerals and AVZ Minerals (ASX:AVZ) confirmed carbonatite‑hosted rare earth element mineralisation, including 45m at 0.73% total rare earth oxides (TREO) and 16.7m at 0.66% TREO.
Managing Director Tara French says completing the survey represents a major step for the project.
“We now have a high-resolution dataset with tight 50m line spacing and a low clearance of approximately 30m above the surface,” French adds.
“This survey clearly identified two pronounced magnetic anomalies and highlights the value in conducting thorough, systematic exploration prior to commencing drilling activities.”
The company plans to commence copper‑focused exploration targeting Tsumeb‑style mineralisation in the southern licence area. Initial activities include establishing land access agreements, soil sampling, field mapping, and modern detailed geophysics.
Cazaly Resources expects to finalise drill program design and commence maiden drilling with ground access now secured over the priority targets.
Write to JC Villarba at Mining.com.au
Images: Cazaly Resources
