Cadence Minerals (GB:KDNC) has released an update.
Cadence Minerals, with an 8.74% stake in Evergreen Lithium, reports promising initial exploration results at the Bynoe Project in Australia, where drilling intercepted pegmatites that may extend the mineralized field from Core Lithium’s nearby mine. A follow-up RC drilling program is planned to explore further and assess the lithium potential beneath the surface. Cadence’s investment in Evergreen originated from a stake transfer in 2022, with additional shares contingent on Evergreen meeting certain milestones.
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