PERTH (miningweekly.com) – Junior Cazaly Resources is reviewing the base metal potential of its Mt Venn project, in Western Australia, after fellow-listed Great Boulder Resources discovered copper/nickel/cobalt mineralisation at its own Yamarna project.
The results from Great Boulder’s first nine holes at its Yamarna project revealed the presence of a wide zone of primary, near-surface copper/nickel/cobalt sulphide mineralisation which remains open in all directions.
The Yamarna project lies at the southern extreme end of the Mount Venn greenstone belt, of which Cazaly controls the majority.
Cazaly said on Thursday that while the company had focused on the gold potential of the belt to date, a recent desktop review of historic work at the Mt Cummings complex had highlighted several areas of interest.
Follow-up work at the site would entail geological mapping of the three areas of interest, aircore drilling over the targets, electro magnetic surveying and reverse circulation drilling.