Cazaly Secures Ground Access for Major Cadix Drilling Campaign in Namibia

Access Agreement Unlocks Cadix Drilling

Cazaly Resources (ASX:CAZ) has secured ground access to the Cadix Farm area in its Abenab North Project, Namibia, paving the way for drilling at the region’s largest and highest-priority magnetic target. The Cadix anomaly, an untested magnetic high spanning over 800 metres in diameter, represents the most significant undrilled feature within the company’s licence area.

With the formal access agreement now executed, Cazaly plans to mobilise for initial baseline mapping and detailed magnetic surveys ahead of a drill program slated for the third quarter of 2026. Managing Director Tara French described Cadix as a “rare opportunity” and a target the company has been pursuing since reprocessing aeromagnetic data revealed its potential.

Historical Drilling Validates Regional Potential

Though Cadix itself remains untested by drilling, adjacent carbonatite pipes within the licence have yielded encouraging rare earth element (REE) mineralisation in past programs by Kudu Minerals and Avonlea Minerals. Significant intercepts include 45 metres at 0.73% total rare earth oxides (TREO), including a high-grade 4-metre interval at 2.53% TREO, and other intersections ranging from 0.55% to 0.66% TREO over substantial widths.

This historical data underscores the prospectivity of the Abenab North Project, which spans over 790 square kilometres in the Otavi Fold Belt; a geological province known for hosting the world-class Tsumeb Copper Mine. Located just 20 kilometres west of Cazaly’s tenure, Tsumeb produced 30 million tonnes at 4.3% copper over its 90-year life, highlighting the region’s rich mineral endowment.

Next Steps and Exploration Outlook

Following the access milestone, Cazaly will focus on refining geophysical data and finalising the drill program design. The company intends to commence field activities including detailed magnetic surveys and baseline geological mapping before drilling begins in Q3 2026.

While the Cadix anomaly’s scale and magnetic signature make it the standout target, the broader licence area remains highly prospective for copper, base metals, REE, and vanadium. The upcoming drill program will be crucial in testing the mineralisation style confirmed in nearby targets and could materially impact Cazaly’s resource potential in Namibia.