Cazaly Resources (ASX:CAZ) has just completed drill testing a 120km2 lithium target at its Kaoko Project in Namibia.
The first-pass reverse circulation drilling was undertaken to determine the concentrations of lithium mineralisation in fresh rock beneath the large surface geochemical anomaly.
The junior explorer, which has a market capitalisation of $6.9 million, says a number of quartz veins and faults were logged over all three drill traverses.
The presence of faults, veining and chlorite/pyrite altered sediments may indicate the presence of fluid pathways and potential mineralisation associated with alteration.
Assays from drilling are expected to give Cazaly an indication of the source and strength of mineralisation if intercepted by this first pass drilling.
The program comprised 1,324m of reverse circulation drilling across 28 holes. Twenty five holes were drilled to a depth of 43m, with one drillhole extended on each line to test for mineralisation at depth.
The Kaoko Critical Minerals Project is located in northern Namibia, about 800km by road from the capital of Windhoek and about 750km from the port of Walvis Bay.
The project spans around 1,410km2 and abuts Celsius Resources’ (ASX:CLA) Opuwo Cobalt Project, where Cazaly notes “significant” cobalt-copper mineralisation has been discovered in what is known as the Dolomite Ore Formation.
Cazaly previously identified a lithium anomaly measuring 12km by 10km at the Ohevanga Prospect following a re-evaluation of the entire project area.
The company says a large lithium target was defined with broad surface samples collected across a 1km grid.
The veracity of this anomaly was tested in 2022 with infill surface sampling on a tightly spaced grid 200m by 50m positioned between the original 1km sample points.
Results from this work confirmed previous findings and show that elevated lithium values are contiguous between the initial 1km spaced lines.
Write to Angela East at Mining.com.au
Images: Cazaly Resources
