Cazaly Resources has secured ground access to the Cadix anomaly at its Abenab North project in northern Namibia, clearing the final hurdle before advancing exploration activities at what it considers its highest-priority target.

Managing director Tara French says fieldwork, including geophysical surveys and drill planning, is scheduled to begin in the third quarter of this year.

The company plans to undertake baseline geological mapping, detailed magnetic surveys and finalise drill programme designs ahead of the commencement of field activities later this year.

French says further updates would be provided as the exploration programme advances.

According to French, the Cadix anomaly is an untested magnetic target measuring more than 800m in diameter and is the largest magnetic feature identified within the exclusive prospecting licence (EPL) 9852 area.

The target was identified following the reprocessing of regional aeromagnetic data and remains undrilled despite previous exploration work in the area.

“Cadix is the target we’ve been working towards since we first reprocessed the aeromagnetics and recognised the potential.

The target is a large, coherent magnetic anomaly that remains untested and represents a rare opportunity. Securing access to this ground is a significant milestone and we expect to be on site in the third quarter of 2026,” French says.

She says the Abenab North project covers approximately 790 square kilometres within the Otavi Fold Belt in northern Namibia, about 450km from Windhoek.

The licence area is about 20km from the historic Tsumeb Copper Mine, which produced 30 million tonnes of ore grading 4.3% copper, 3.5% zinc and 10% lead over a period of more than 90 years.

According to French, historical drilling by Kudu Minerals and Avonlea Minerals targeted smaller magnetic anomalies elsewhere on the licence and confirmed carbonatite-hosted rare earth element mineralisation.

Reported intersections included 45m grading 0.73% total rare earth oxides (Treo), including 4m at 2.53% Treo, 16.7m grading 0.66% Treo, including 1.2m at 1.89% Treo, and 39.7m grading 0.55% Treo, including 3.6m at 1.22% Treo.

French says the larger Cadix anomaly has not been drill-tested despite confirmed mineralisation in adjacent carbonatite targets, making it the company’s highest-priority exploration target within the project area.

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