Entries by Diane Miocevich

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 […]

High Cobalt Grades

HIGH COBALT GRADES RETURNED FROM BUNGONIA PROJECT High grade Cobalt in rock chip samples to 1.40% Co, 8 of 34 samples above 1.0% Co with an overall average of 0.62% Co Sampling undertaken over several prospects over a 15km strike extent Project covers 242 sq km including historic Cobalt workings Limited modern exploration to date […]

Mount Venn Base Metal Potential

Cazaly Resources Limited is currently reviewing the potential of the several untested geochemical Ni-Cu anomalies located within Mount Venn project. These highly prospective base metal targets have been significantly underexplored. Cazaly notes the recent announcement by Great Boulder Resources Limited (ASX:GBR, 13 November 2017) on the discovery of copper-nickel-cobalt mineralisation at its Yamarna project. GBR’s […]