Cazaly Resources Advances Namibian Projects with Strong Financials

Cazaly Resources Limited (AU:CAZ) has released an update.

Cazaly Resources Limited has completed reverse circulation drilling at its Kaoko lithium project in Namibia, revealing promising geological formations that suggest potential mineralization. The company has also received notification for the intention to grant the Abenab North licence for copper, base metals, and rare earth elements in Namibia. Cazaly’s financial position remains strong with $4.92 million in cash and investments and no debt.

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