Cazaly Resources Limited (ASX: CAZ) continues to make good progress on its 95% owned exploration licenses situated in the northern part of Namibia.
The company has commenced discussions with key stakeholders including newly appointed government officials and local landowners in relation to its new exploration licence application for rare earth elements (REE) at Abenab North (EPL9110).
Cazaly has engaged the services of Alliance Environmental Consultancy to carry out an Environmental Impact Assessment (EIA) covering all proposed activities that will be conducted within the license area such as surface sampling, geophysical surveys, and drilling. The approvals process for EPL9110 is expected to be completed during the next quarter.
As part of the EIA process, an Environmental Scoping Assessment (ESA) and an independent Heritage Impact study will be carried out. The project has been registered with the Department of Environmental Affairs, and the final compilation of the EIA and Environmental Management Plan (EMP) will be submitted to both the Ministry of Mines and Energy (MME) and the Ministry of Environmental Forestry and Tourism.
Additional data has been sourced from the offices of the MME, including historical reports, and the available aeromagnetic data has been re-processed
The results of the data reprocessing have further enhanced the previously identified magnetic anomalies. Previous work has confirmed the magnetic anomalies represent carbonatite intrusive units, refer to CAZ announcement dated 7 November 2022.
Initial exploration activities are likely to include ground reconnaissance, geophysics, and geochemical sampling ahead of drilling our defined targets.
Kaoko Lithium Project
Cazaly has previously identified a large lithium in soil anomaly at the Ohevanga Prospect measuring 12km x 10km. The anomaly was defined with broad surface samples collected across a 1km grid and has recently been followed up with infill surface sampling to better define and confirm the target.
Results from this recent work confirm previous findings and show that elevated lithium values are contiguous between the initial one km spaced lines. At this early stage, the most anomalous lithium assays, >110ppm Li, show that the distribution of mineralisation is aligned with specific geological sedimentary units and is therefore interpreted to be stratigraphically controlled.
A field visit was recently conducted to assess the geochemical anomalies and indicated that lithium is most elevated within a package of cherty sediments and fine grained dolostones with minor black shales.
The continuity of lithium anomalism between the original one km surface samples is a strong indication that elevated lithium will be contiguous across the entire 12 km strike length of the initially defined anomaly. Follow up exploration is currently being planned.
An application for a two-year licence extension has been submitted to the MME.
