re: Ann: Cazaly Increases Iron Ore Holdings i... Sydney - Wednesday - May 5: (RWE Australian Business News) -
Cazaly Resources Ltd (ASX:CAZ) has been granted several tenements highly
prospective for iron ore in the Pilbara region of Western Australia.
These tenements form the Marillana Project, located just 20km
from the large Rhodes Ridge Deposits; the Mt Stuart Project, less than
5km from the Mt Farquhar 17 Deposit; and the Mt Walkins Project, an
extension of Hancock Prospecting's Drillers Ridge Deposit (prospective
tonnage currently stated at 430Mt).
The new tenements complement Cazaly's existing tenure in the
Pilbara, particularly the Hamersley Project which contains the potential
continuation of Fortescue Metals Group Ltd's (ASX:FMG) massive Solomon
prospect.
Exploration is to commence at the Marillana Project during the
current field season.
Reuters.
re: Ann: Cazaly Increases Iron Ore Holdings i... Sydney -...
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