Large Scale Namibian Copper-REE Project Granted

Cazaly Resources Limited announces the granting of an exclusive prospecting licence for a large, highly prospective copper and rare earths project in the Otavi Copper Belt, Namibia—positioning the Company for significant resource exploration and discovery.

<ul><li>Secured a +790km<sup>2</sup> project in Namibia’s Otavi Copper Belt, a world-class mineral province.</li><li>Project is highly prospective for copper and rare earth elements (REE), with historic drillholes confirming significant REE intersections up to 45m @ 0.73% TREO.</li><li>Located near the historic Tsumeb Copper mine (produced 30Mt @ 4.3% Cu, 3.5% Zn, 10% Pb) and emerging high-grade copper projects.</li><li>Recent analysis identified a large 800m-diameter untested magnetic anomaly with strong discovery potential.</li><li>Ground activities planned for the coming quarter, supported by ongoing geophysical assessments.</li></ul>

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Large Scale Namibian Copper-REE Project Granted