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Cazaly tepid on Tsumkwe, buoyed by Bungonia

WHILE Cazaly Resources has suggested it is unlikely to proceed with a deal to acquire the Tsumkwe project in Namibia, it has been buoyed by high cobalt grades in rock chips from its Bungonia project in New South Wales.

Michael Quinn
Cazaly tepid on Tsumkwe, buoyed by Bungonia

The work at Bungonia picked up rocks grading up to 1.68% cobalt, with high grade mineralisation mapped for over 700m at the Avanti prospect and untested primary basement mineralisation discovered in two...

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