Entries by Diane Miocevich

Cazaly to Proceed with Kaoko Kobalt Project

• Due Diligence completed and transaction to proceed • Project located in the Kunene Cobalt Province, Northern Namibia • Hosts the probable continuation of Celsius Resources’ Opuwo cobalt –copper bearing ‘DOF’ horizon • Project contains ~27km of prospective potential DOF equivalent in three areas • Project includes a very large ~20km x 5km long Cu-Co […]

Option to Acquire the Kaoko Kobalt Project

• Located in the Kunene Cobalt Province, Northern Namibia • Hosts the probable continuation of Celsius Resources’ Opuwo cobalt –copper bearing ‘DOF’ horizon • Project contains ~27km of prospective potential DOF equivalent in three areas • Project includes a very large ~20km x 5km long Cu-Co soil anomaly at the Kamwe prospect – potential DOF […]

Drilling Commencing at Bungonia: Cobalt Prospect

Aircore drilling programme commencing at the high grade Avanti Cobalt Prospect Untested primary basement mineralisation discovered in two areas 5km apart grading up to 0.15% Co in surface samples Cazaly Resources Limited (ASX: CAZ, “Cazaly” or “the Company”) is pleased to announce the commencement of the inaugural drilling programme at the Avanti prospect, one of […]

Further High Cobalt Grades

FURTHER HIGH COBALT GRADES RETURNED FROM BUNGONIA PROJECT, NSW • Further high grade cobalt in rock chip samples to 1.68% Co with an overall average of 0.50% Co • 3 New Prospects discovered highlighting the potential of the region • High grade mineralisation mapped for over 700m at the Avanti Prospect • Untested primary basement […]

Tsumkwe Project Update

• Large historic exploration database recently acquired for the Tsumkwe Project, Namibia • Initial analyses of database indicates no significant Co mineralisation in historic drilling • Database continuing to be analysed, however Cazaly unlikely to proceed to acquisition Cazaly Resources Limited  provides an update on its due diligence for the Option Agreement to purchase an […]

OPTION TO ACQUIRE NAMIBIAN COPPER-COBALT PROJECT

71m @ 0.38% Co from 10m including 45m @ 17.1g/t Ga * Proterozoic Damaran host rocks, north eastern Namibia Extensive tenement holding, ~200km2 Hole drilled in 2011, no follow up work for Co recorded as work focussed on iron mineralisation Large nearby circa 3km long coincident Cu-Co soil anomaly Four month option to purchase an […]