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IN BRIEF: Cadence Minerals updates on portfolio company, Evergreen

18th Sep 2023 21:27

Cadence Minerals PLC - London-based investor - Notes that ASX listed Evergreen Lithium Ltd has announced the final analysis of its Exosphere by Fleet ambient noise tomography geophysics survey at Bynoe. Says nine potential pegmatite targets in total have been identified, each characterised by low seismic velocity anomalies. Adds geochemical sampling and mapping continues at Bynoe in advance of maiden drill programme which awaits conclusion of MMP and AAPA approval process. Says geophysical and geochemical integration and analysis ongoing. Cadence holds 8.74% stake in Evergreen.

Current stock price: 8.50 pence, closed up 3.0% on Monday in London

12-month change: down 15%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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