CAZ 0.00% 2.2¢ cazaly resources limited

sale of hamersley, page-3

  1. 4,921 Posts.
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    given the current 143mt resource at Winmar is from 1.8km of strike potentially there is a lot more. CAZ identified 15km of strike. My only concern is that SVG won't drill it quick enough

    from the announcement on 23 March

    Within the Hamersley project the Company has highlighted several significant areas prospective for Channel Iron Deposits (CID?s) akin to those occurring within the Solomon system (Figure 1). Furthermore Native Title Agreements have now been finalised and the Company is currently progressing approvals for drilling programmes aimed at exploring the continuations of the Solomon system within the Cazaly tenure. In total, the Company has defined approximately 15 kilometres of combined strike extent within these prospective areas within which the Company?s Winmar CID discovery is located.
 
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