Cazaly advances Abenab North exploration with prioritised drilling targets
Cazaly Resources has identified two key targets for its maiden drilling programme at the Abenab North project in Namibia, following confirmation of magnetic anomalies by a high-resolution drone survey.
The Australian-listed explorer, which holds a 95% stake in the project, completed detailed processing and interpretation of a UAV aeromagnetic survey over the Accra, Cadix, and Abenab areas within the 790 km² Otavi Fold Belt licence. The survey verified the Accra and Abenab North anomalies as genuine magnetic source bodies, refining the focus for drilling scheduled in the second half of 2026.
The survey aimed to improve confidence in target selection by providing superior-resolution data compared to historical records. While the Cadix anomaly was downgraded due to plotting errors in past information, Accra and Abenab North emerged as priority sites for testing potential rare earth element and copper mineralisation beneath the surface.
In addition to progressing these drilling targets, Cazaly has commenced copper-focused exploration across the broader project area, seeking mineral systems analogous to the region’s known Tsumeb-style deposits. The company emphasizes that the current anomalies are exploration targets and that drilling will be essential to determine geological and mineral composition.
“The high-resolution magnetic survey has been instrumental in confirming our primary targets and allows us to concentrate our maiden drilling efforts where there is the greatest potential,” said a Cazaly spokesperson. “Simultaneously, expanding copper exploration across the licence area complements our strategy to unlock value from the Otavi Fold Belt’s prospective mineralisation.”
Cazaly’s immediate plans include advancing Accra and Abenab North towards drilling readiness, reassessing Cadix with updated data, and developing additional copper targets within EPL 9852. This multi-pronged approach aims to maximise exploration success as the company moves towards its first drilling programme.
The maiden drilling campaign in late 2026 will be the first direct test of the prioritised magnetic targets, crucial for evaluating their mineral potential and guiding future exploration efforts.
