Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note that ASX listed
The soil samples show significant NE-trending lithium anomalism. The anomalies are up to several kilometres long and include anomalies in the geochemical pathfinder elements Beryllium (Be), Caesium (Cs), Potassium (K), Lanthanum (La), Rubidium (Rb), Tin (Sn) and Tantalum (Ta).
Cadence holds 15,830,138 million shares, equivalent to 8.74% of the issued share capital of Evergreen and is its largest shareholder. Evergreen was listed on the
Bynoe Results - Highlights: Phase 2 soil geochemical results extend previously identified lithium anomalies and reveal two broad NE-trending zones which host multiple lithium pegmatite targets.
These targets are along strike from and parallel to the strike of neighbouring spodumene bearing pegmatites.
The lithium anomalies are coincident with lithium pathfinder elements Beryllium (Be), Caesium (Cs), Lanthanum (La), Rubidium (Rb), Tin (Sn) and Tantalum (Ta).
Geochemical sampling and mapping are currently underway to further define existing and additional lithium pegmatite targets.
Geophysical Ambient Noise Tomography (ANT) survey data has been received and interpretation is currently being undertaken.
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Evergreen Head of Exploration,
Background to Cadence's investment in Evergreen Lithium
Cadence Minerals received approximately 15.8 million shares in Evergreen in
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