Application lodged over known Cobalt-Manganese mineralisation in South Central Queensland
• Project extends for ~30km with several small but significant pods of known 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 Limited (ASX: CAZ, “Cazaly” or “the Company”) is pleased to announce that it has applied for an Exploration Permit in Queensland which covers historic workings and several prospects of potentially significant cobalt and manganese mineralisation over an extensive area. The licence lies to the north west of Injune and approximately 130km directly north of Mitchell in south-central Queensland.