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IN BRIEF: Cadence Minerals Noes Macarthur Filing Lake Giles Report

2nd Oct 2020 17:17

Cadence Minerals PLC - London-based mineral resources investment company - 2.0% investee Macarthur Minerals files N143-101 technical report for magnetite mineral resource at Lake Giles Iron project in Western Australia.

Measured resources stand at 53.9 million tonnes at 31% iron head grade and 66% iron Davis Tube

recovery concentrate grade. Indicated mineral resources of 218.7 million tonnes at 28% iron head grade and inferred resources of 997.0 million tonnes at 28% iron head grade.

Current stock price: 10.88 pence

Year-to-date change: up 61%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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