26th May 2021 22:03
Cadence Minerals PLC - UK-based mineral resources investor - Notes that Macarthur Minerals has announced that it is advancing mine planning work to support intended hematite mining operations at Lake Giles in Western Australia. Says company has commenced work to prepare a mine plan for a direct shipment ore product under a mining campaign which will initially target the Snark and Drabble Downs deposits of the Lake Giles Ularring hematite project. Cadence holds approximately 1% of the issued equity interest in Macarthur.
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By Greg Roxburgh; [email protected]
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