Cazaly Resources Limited (AU:CAZ) has released an update.
Cazaly Resources Limited is set to commence drilling at its wholly-owned Carb Lake project in Ontario, Canada, targeting niobium and rare earth elements within a large carbonatite complex. The upcoming drilling campaign, approved after consultation with First Nations, follows historical work in the 1960s that yielded high niobium results and recent confirmation of rare earth element anomalies. With drilling to start between late July and early August 2024, this marks the company’s first exploration of the complex’s mineralization and metallurgy since the historical findings.
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