Cazaly Resources has secured access rights to Cadix Farm in northern Namibia, giving the company entry to the largest and most prospective undrilled target within its Abenab North rare earth project and clearing the way for a maiden drilling campaign scheduled for the third quarter of 2026.
The agreement grants the Australian explorer access to the Cadix anomaly, an untested magnetic feature measuring more than 800 metres in diameter, located within the company’s EPL 9852 licence area. Until now, the target remained inaccessible despite emerging as the company’s highest-priority exploration prospect following the reprocessing of regional aeromagnetic data.
The land access agreement removes the final obstacle to exploration activities at Cadix. It allows Cazaly to begin detailed ground surveys, geological mapping, and drill planning aimed at testing what could be the largest carbonatite-hosted rare-earth target identified on the licence.
For Cazaly, the significance of the agreement extends beyond simple land access. The Cadix anomaly is substantially larger than neighbouring magnetic targets that were historically drilled by previous explorers and returned significant rare-earth intersections from carbonatite-hosted mineralisation.
Among the better historical results were 45 metres grading 0.73% total rare earth oxides, including four metres at 2.53% TREO, 16.7 metres grading 0.66% TREO, including 1.2 metres at 1.89% TREO, and 39.7 metres grading 0.55% TREO, including 3.6 metres at 1.22% TREO.
Despite those results, the Cadix anomaly itself was never drill tested.
“Cadix is the target we have been working towards since we first reprocessed the aeromagnetics and recognised the potential,” managing director Tara French said.
“The target is a large, coherent magnetic anomaly that remains untested and represents a rare opportunity.”
Located within the 790-square-kilometre Abenab North project in Namibia’s Otavi Fold Belt, the target lies approximately 20 kilometres from the historic Tsumeb mine, which produced about 30 million tonnes grading 4.3% copper, 3.5% zinc and 10% lead during more than 90 years of operation.
The broader Abenab North project is considered prospective for rare earth elements, copper, vanadium and base metals, with multiple carbonatite bodies already confirmed through historical drilling.
With access to Cadix Farm now secured, Cazaly’s immediate focus will be on refining drill targets through detailed magnetic surveys before launching the first drilling programme ever undertaken on the anomaly.
The campaign will seek to determine whether the largest magnetic feature within the project hosts the same rare earth mineralisation encountered elsewhere on the licence, and whether its substantially larger footprint indicates a much larger mineralised system.
