The Pick News

Cazaly completes initial exploration campaign at Lyons REE project - The Pick Online Magazine

Written by Staff Writer | Dec 7, 2023 12:43:49 PM

Cazaly Resources Limited (ASX:CAZ) has completed the initial phase of surface sampling at the new Lyons REE project located in the emerging REE district of the Gascoyne Province, Western Australia.

Highlights

  • Initial target generation and surface sampling programme completed
  • 1,000 sq. km of tenure prospective for REE and base metal mineralisation

The Lyons Project tenements, straddle the Lyons fault and fault splays, and remain underexplored.

Following an initial reconnaissance scouting expedition, acquisition and processing of multi- spectral data, four preliminary target areas (A1-A4) were selected for stream sediment sampling to test the potential for REE and base metal mineralisation.

A total of 213 surface geochemical samples were collected in total. Samples have been submitted to ALS laboratories in Perth and results are expected before the end of the quarter.