- Applications for the Bungonia (NSW) and Mount Tabor (Qld) projects granted
- Both projects contain several small but significant pods of known cobalt-manganese mineralisation
- Cobalt is one of the three key elements, with lithium & graphite, that make up Lithium-ion batteries – a rapidly emerging market
- Cobalt supply constrained with cobalt only mines a rarity
Cazaly Resources is pleased to announce that its applications for Exploration Permits located in both Queensland and New South Wales have now been granted. Both licences cover several prospects with significant historic cobalt mineralisation with little modern exploration conducted to date.