Cazaly Resources Begins Phase 1 Soil Sampling at Abenab North Copper Project in Namibia

Mukul

05 November 2026 03:14 PM AEDT

Cazaly Resources Begins Phase 1 Soil Sampling at Abenab North Copper Project in Namibia

Image Source: Krish Capital Pty Ltd

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Cazaly Resources (ASX:CAZ) has commenced the first phase of a multi-phase soil sampling campaign targeting copper and base metals at its Abenab North project in Namibia, with the programme designed to generate drill targets across the company's 788km² tenure on the Otavi Belt.

Key Points

Phase 1 soil sampling has begun at Cazaly's 95%-owned Abenab North project in Namibia, covering 788km²
The project includes a 35km strike of the Otavi Belt, which hosts the world-class Tsumeb mine 8km to the west of the project boundary
Phase 1 sampling uses 50-metre sample spacing on 500-metre spaced north-south lines within the westernmost portion of the tenure
Samples will be analysed using portable XRF (PXRF) initially, with further laboratory analysis to be conducted as required
Results are intended to generate drill targets, with additional phases to follow upon gaining further land access

Abenab North Project and Otavi Belt Setting

The Abenab North project is 95% owned by Cazaly Resources and covers 788km², including a 35km strike of the prospective Otavi Belt. The project's tenure sits on a stratigraphic extension of the belt that hosts the Tsumeb copper-lead-zinc mine, the Kombat copper mine, and the Abenab lead-zinc-copper mine. The Tsumeb mine lies 8km to the west of the project boundary. According to the filing, the Otavi Belt has a long history of copper and base metals production, and several ENE-WSW prospective structures regionally associated with copper and base metals mineralisation are present within the project area and are visible in an Electro-Magnetic geophysical survey image.

Phase 1 Sampling Programme Design

The Phase 1 programme will cover the westernmost portion of the Abenab North project tenure using broad-spaced sampling, with 50-metre sample spacing on 500-metre spaced north-south lines. Samples will be analysed for copper, other base metals, and pathfinder minerals, initially using portable XRF (PXRF) analysis to deliver rapid results, with further laboratory analysis to be conducted as required. The filing states that the sampling campaign will cover several ENE-WSW prospective structures that extend for considerable strike distances under transported cover. The programme will be expanded to additional areas following completion of Phase 1 and upon gaining further land access.

Competent Person and Technical Review

The technical information contained in the filing has been reviewed by Mr Don Horn, an employee of Cazaly Resources and a Member of the Australasian Institute of Geoscientists. Mr Horn is stated to have sufficient experience relevant to the style of mineralisation and type of deposit under consideration to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012). The company confirms it is not aware of any new information or data that materially affects the information included in the original reports referenced in the filing.

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