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Cadence Minerals #KDNC – Auroch Minerals (ASX: AOU) – Ground Gravity Survey Commences at Arden Project

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement today from Auroch Minerals Limited (ASX: AOU) (“Auroch”) that it has initiated a ground-gravity survey at its Arden Project (Arden) near Port Augusta, South Australia. The detailed survey will cover two highly-prospective target areas of the Ragless Range prospect as well as a third target area at the Radford Creek prospect.

Auroch have appointed Atlas Geophysics Pty Ltd (Atlas) to undertake the Arden gravity survey, and it is estimated it will take approximately a week to complete. The survey will be completed on a very close spacing of 15m between stations to be able to define dense mineralised horizons as little as 3m thick. The initial line-spacing has been planned at 125m – 200m, which may be infilled to closer spacing as needed as the survey progresses.

Located some 335km north of Adelaide, the Arden Project boasts a large relatively unexplored exploration area of 1,664km2 and is highly prospective for sedimentary-exhalative (SEDEX) mineralisation. Within the Arden Project, up to three horizons of SEDEX zinc mineralisation were identified from the recent drilling programme at the Ragless Range Prospect extending over 3km of strike and open in every direction.

Cadence currently owns approximately 6.5% of the equity in Auroch Minerals, which is an exploration company targeting principally zinc, cobalt and lithium.

The full release can be found at: https://www.investi.com.au/api/announcements/aou/8a06cc4c-a73.pdf

Cadence Minerals CEO Kiran Morzaria commented:“Aidan Platel and the Auroch team continue to build the investment case for Cadence Minerals. We look forward to the survey results and subsequent developments.”

– Ends –

For further information:

Cadence Minerals plc +44 (0) 207 440 0647
Andrew Suckling
Kiran Morzaria
WH Ireland Limited (NOMAD & Broker) +44 (0) 207 220 1666
James Joyce
James Sinclair-Ford
Novum Securities Limited (Joint Broker) +44 (0) 207 399 9400
Jon Belliss

Qualified Person

Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.

Forward-LookingStatements:

Certain statements in this announcement are or may be deemed to be forward-looking statements. Forward-looking statements are identified by their use of terms and phrases such as ”believe” ”could” “should” ”envisage” ”estimate” ”intend” ”may” ”plan” ”will” or the negative of those variations or comparable expressions including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors’ current expectations and assumptions regarding the Company’s future growth results of operations performance future capital and other expenditures (including the amount. nature and sources of funding thereof) competitive advantages business prospects and opportunities. Such forward-looking statements reflect the Directors’ current beliefs and assumptions and are based on information currently available to the Directors.  Many factors could cause actual results to differ materially from the results discussed in the forward-looking statements including risks associated with vulnerability to general economic and business conditions competition environmental and other regulatory changes actions by governmental authorities the availability of capital markets reliance on key personnel uninsured and underinsured losses and other factors many of which are beyond the control of the Company. Although any forward-looking statements contained in this announcement are based upon what the Directors believe to be reasonable assumptions. The Company cannot assure investors that actual results will be consistent with such forward-looking statements.

Cadence Minerals #KDNC – Auroch Minerals (ASX: AOU) Infill Sampling Extends Mineralisation at Ragless Range, Arden Zinc Project.

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the update published today by Auroch Minerals (ASX:AOU) ‘Auroch’ that infill sampling of the remaining intervals of core from the Ragless Range drill-holes has identified more zinc mineralisation and increased the width of some of the previously reported significant intercepts, particularly for drill-hole RRDD007 which intersected high-grade zinc mineralisation including 3.65m @ 15.47% Zn from 62.15m.

Highlights:

  • Infill sampling of the Arden drilling improves best intersections from drill-hole RRDD-007:
    • 12.80m @ 4.96% Zn from 53.00m
      • including 3.65m @ 15.47% Zn from 62.15m
    • 32.70m @ 0.92% Zn from 70.46m
    • including 2.50m @ 2.40% Zn from 70.46m
    • and 8.50m @ 1.30% Zn from 81.80m
  • Confirmation of high-grade zinc silicate mineralisation (up to 34% Zn) in oxidised portion of drill-hole RRDD-007
  • The maiden drill programme at Arden intersected up to 3 horizons of SEDEX zinc mineralisation extending over 3km of strike and open along strike and at depth

As previously reported, all eight drill-holes at the Ragless Range Prospect successfully intersected at least one SEDEX zinc horizon, over a strike length of more than 3km. Initial assay results from drilling ended in mineralisation in several holes (most notably RRDD007) and warranted further infill sampling. An additional 407 samples from five holes were submitted to ALS Laboratories in Adelaide for multi-element determination, with 24 samples returning >0.5% Zn (83 samples anomalous at >0.1% Zn).

The zinc mineralisation intersected in RRDD007 differed to that in the other drill-holes in several ways. Firstly, the mineralisation extended over significant down-hole widths, including several very high-grade intervals. Secondly, there appeared to be a structural-control on the high-grade zinc mineralisation, different to the stratabound SEDEX zinc mineralisation observed in the other drill-holes. Also, high-grade zinc silicate minerals were observed in some intervals, similar to those observed in the Flinders Project deposits (Perilya Limited) including the Beltana Zinc Mine (972kt @ 29.8%Zn) located approximately 150km to the north of the Arden Project.

In addition to the infill sampling programme, the geological team have begun project scale mapping at the Arden Project, beginning with key areas of focus such as the fold hinges and interpreted faults near the high-grade result in RRDD007. Significant ironstone gossans, similar to that which lies to the southeast of drill-hole RRDD007, have been mapped and rock-chip samples have been taken to be submitted to the laboratory this week.

Cadence currently owns 6.6% of the equity in Auroch Minerals, which is an exploration company targeting principally zinc, cobalt and lithium.

The full release can be found at: https://www.investi.com.au/api/announcements/aou/408f546e-9fa.pdf

Cadence Minerals CEO Kiran Morzaria commented: “Following the news of base metals mineralization at Bonaventura & Lake Torrens IOCG tenement developments, the Auroch investment case continues to build with additional high-grade zinc mineralization and enlarged intercepts confirmed by drilling at the Arden Ragless Range Prospect. We note Aidan Platel’s comments that these developments are critical for Auroch’s 2019 exploration programme, and look forward to further developments.”

– Ends –

For further information:

Cadence Minerals plc

+44 (0) 207 440 0647

Andrew Suckling

Kiran Morzaria

WH Ireland Limited (NOMAD & Broker)

+44 (0) 207 220 1666

James Joyce

James Sinclair-Ford

Hannam & Partners LLP (Joint Broker)

+44 (0) 207 907 8500

Neil Passmore

Giles Fitzpatrick

Novum Securities Limited (Joint Broker)

+44 (0) 207 399 9400

Jon Belliss

Qualified Person

Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.

About Cadence Minerals:

Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.

The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments. 

Forward-Looking Statements:

Certain statements in this announcement are or may be deemed to be forward-looking statements. Forward-looking statements are identified by their use of terms and phrases such as ”believe” ”could” “should” ”envisage” ”estimate” ”intend” ”may” ”plan” ”will” or the negative of those variations or comparable expressions including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors’ current expectations and assumptions regarding the Company’s future growth results of operations performance future capital and other expenditures (including the amount. nature and sources of funding thereof) competitive advantages business prospects and opportunities. Such forward-looking statements reflect the Directors’ current beliefs and assumptions and are based on information currently available to the Directors.  Many factors could cause actual results to differ materially from the results discussed in the forward-looking statements including risks associated with vulnerability to general economic and business conditions competition environmental and other regulatory changes actions by governmental authorities the availability of capital markets reliance on key personnel uninsured and underinsured losses and other factors many of which are beyond the control of the Company. Although any forward-looking statements contained in this announcement are based upon what the Directors believe to be reasonable assumptions. The Company cannot assure investors that actual results will be consistent with such forward-looking statements.

Cadence Minerals #KDNC – Auroch Minerals (ASX: AOU) Stakes Highly-Prospective IOCG Project at Lake Torrens plus Live Webinar

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the update published today by Auroch Minerals (ASX:AOU) ‘Auroch’ that it has applied for a large exploration tenement package in the Lake Torrens region of South Australia. Auroch’s Torrens East Copper Project comprises two exploration licence applications (ELAs) covering a combined area of 1,622km2 and is considered highly-prospective for IOCG (iron oxide – copper – gold) mineralisation.

Highlights:

  • Auroch has pegged 1,622km2 of ground considered highly-prospective for Iron Oxide -Copper – Gold (IOCG) mineralisation in the Lake Torrens region of South Australia.
  • The large exploration licence applications (ELAs) are situated adjacent to the Torrens JV (70% Aeris Resources Ltd; 30% Argonaut Resources NL) and cover the same large gravity anomaly.
  • The ELAs are located approximately 50km from BHP’s recently-announced drilling in the Olympic Dam copper-gold province, host to the world-class Olympic Dam (BHP Group Ltd) and Carrapateena (Oz Minerals Ltd) IOCG deposits.
  • A review of all historical geophysical and geological data is underway with an exploration programme planned for early 2019.

The Torrens JV (70% Aeris Resources Ltd (ASX:AIS); 30% Argonaut Resources NL (ASX:ARE)) lies immediately west of Auroch’s Torrens East Copper Project within the Torrens Hinge Zone of the Olympic Dam copper-gold province. High-resolution aeromagnetic and gravity geophysical surveys within the Torrens JV has identified a coincident magnetic and gravity anomaly similar to, but larger than that of Olympic Dam. The JV intends to commence a drilling programme to test this geophysical target before the end of this year. BHP Group Limited (ASX:BHP) has also been actively exploring for copper in the Olympic Dam copper gold province. Results announced from their recent drilling programme approximately 50km from Auroch’s Torrens East Copper Project include:

  • 7m @ 3.04% Cu and 0.59g/t Au, including 180m @ 6.07% Cu and 0.92g/t Au;
  • 406m @ 0.66% Cu and 0.35g/t Au;
  • 5m @ 0.52% Cu and 0.48g/t Au; and
  • 77m @ 2.11% Cu and 0.54g/t Au.

BHP is currently evaluating and interpreting these results and intends to commence a follow-up drill programme in early 2019.

Cadence currently owns 6.6% of the equity in Auroch Minerals, which is an exploration company targeting principally zinc, cobalt and lithium.

The full release can be found at: https://www.investi.com.au/api/announcements/aou/697e8de9-fc9.pdf

Cadence Minerals CEO Kiran Morzaria commented:“Following on from the exciting developments announced recently at Auroch’s Arden project, Aidan Platel and his team continue to add value to the Auroch investment proposition with the highly prospective Lake Torrens IOCG tenement. Given the exceptionally strong set of drilling results from BHP Group at the nearby Olympic Dam copper gold province, and the encouraging survey data from the adjacent Torrens JV, we at Cadence believe there is ample evidence to support Auroch’s exploration programme across these new license areas.”

Live Webinar:

Cadence is pleased to announce the Company will be hosting a live webinar at 10.00am GMT on Monday 10 December 2018. The live webinar will be available on the following link:

http://webcasting.brrmedia.co.uk/broadcast/5bf432bda05b353a6df23e7f

Listeners are encouraged to submit questions prior to the call by emailing cadence@brrmedia.co.ukor by clicking on the question button at the foot of the webcasting.

 

Summary of Investments

As at the 12 October 2018 Cadence had the following key investments: 19.7% of the equity in European Metal Holdings, which, through its wholly owned Subsidiary, Geomet s.r.o., controls the mineral exploration licenses awarded by the Czech State over Cinovec; 6.95% of the equity in Bacanora Lithium Plc and 30% of Mexalit and Megalit joint venture companies. Mexalit is the owner of the El Sauz, El Sauz 1, El Sauz 2, Fleur and Fleur 1 mineral concessions, which forms part of the 20-year mine plan of the Sonora Lithium Project in Northern Mexico; 6.6% of Auroch Minerals Ltd; 4.5% of Clancy Exploration Ltd; 12.1% of Macarthur Minerals Ltd; 4% of the San Luis lithium exploration project in Argentina; 30% free carried interest in one mining lease and six exploration license in part of the the Yangibana Rare Earth Mineral deposit and a 100% interest in and exploration license on the eastern boundary of boundaries of Greenland Minerals and Energy Limited’s licences that encompass the world-class Kvanefjeld, Sørenson, Zone 3 and Steenstrupfjeld Rare Earth Element deposits.

– Ends –

For further information:

Cadence Minerals plc +44 (0) 207 440 0647
Andrew Suckling
Kiran Morzaria
WH Ireland Limited (NOMAD & Broker) +44 (0) 207 220 1666
James Joyce
James Sinclair-Ford
Hannam & Partners LLP (Joint Broker) +44 (0) 207 907 8500
Neil Passmore
Giles Fitzpatrick
Novum Securities Limited (Joint Broker) +44 (0) 207 399 9400
Jon Belliss

 

Qualified Person

Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.

About Cadence Minerals:

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market.

Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achievinghigh rates of return.

The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to keymarketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments. 

Forward-LookingStatements:

Certain statements in this announcement are or may be deemed to be forward-lookingstatements. Forward-lookingstatements are identified by their use of terms and phrases such as ‘‘believe’’ ‘‘could’’ “should” ‘‘envisage’’ ‘‘estimate’’ ‘‘intend’’ ‘‘may’’ ‘‘plan’’ ‘‘will’’ or the negative of those variations or comparable expressions including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors’ current expectations and assumptions regarding the Company’s future growth results of operations performance future capital and other expenditures (including the amount. nature and sources of funding thereof) competitive advantages business prospects and opportunities. Such forward-lookingstatements reflect the Directors’ current beliefs and assumptions and are based on information currently available to the Directors. Many factors could cause actual results to differ materially from the results discussed in the forward-looking statements including risks associated with vulnerability to general economic and business conditions competition environmental and other regulatory changes actions by governmental authorities the availability of capital markets reliance on keypersonnel uninsured and underinsured losses and other factors many of which are beyond the control of the Company. Although any forward-looking statements contained in this announcement are based upon what the Directors believe to be reasonable assumptions.The Company cannot assure investors that actual results will be consistent with such forward-lookingstatements.

Cadence Minerals #KDNC – Auroch Minerals (ASX: AOU) Permitting Approval Gives Green Light for Maiden Drilling Programme at Arden Project.

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note that Auroch Minerals (ASX: AOU) has received permitting approval to commence a maiden drilling programme at its Arden Base-metals Project in South Australia. The approval of the Exploration Program for Environment Protection and Rehabilitation “EPEPR” provides scope to commence up to 2,500m of exploratory drillings to test highly-prospective zinc, lead, copper and cobalt targets at the Ragless Range, Radford Creek and Kanyaka Prospects. The Company has completed access negotiations with the relevant landowners as required, and DDH1 Drilling Pty Ltd (DDH1 Drilling) has advised that a drill rig has begun mobilisation to Arden. Drilling will commence as early as next week

Highlights:

·      Environmental approval (EPEPR) granted for planned drilling programme at the Arden Project

·      Drill programme of up to 2,500m of RC and diamond drilling will test highly-prospective zinc, lead, copper and cobalt targets

·      Maiden drilling programme fully funded from strong balance sheet

·      DDH1 Drilling has initiated mobilisation of drill rig to site

Cadence currently owns approximately 7% of the equity in Auroch Minerals, which is an exploration company targeting principally zinc, cobalt and lithium.

The full release can be found at: https://wlpdf.weblink.com.au/pdf/AOU/02002525.pdf

Cadence Minerals CEO Kiran Morzaria commented: “We are delighted by the pace of developments at the Arden project. We congratulate Aidan Platel and his team for securing approval of the EPEPR, which was the final hurdle for Auroch before commencement of the maiden drilling programme.”

“We look forward to the first set of drilling results in the next few weeks.”

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

– Ends –

For further information:

Cadence Minerals plc

+44 (0) 207 440 0647

Andrew Suckling

Kiran Morzaria

WH Ireland Limited (NOMAD & Broker)

+44 (0) 207 220 1666

James Joyce

James Sinclair-Ford

Hannam & Partners LLP (Joint Broker)

+44 (0) 207 907 8500

Neil Passmore

Ingo Hofmaier

Square1 Consulting

+44 (0) 207 929 5599

David Bick

Qualified Person

Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School. 

About Cadence Minerals:

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over £20 million vested in key assets globally, Cadence is helping us reach tomorrow, today. 

Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.

The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.

Cadence Minerals #KDNC – Auroch Minerals (ASX: #AOU) IP Survey Identifies New High Priority Drill Target at Bonaventura Project

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note Auroch Minerals (ASX: AOU) has identified a fourth high-priority drill target at its 100% owned Bonaventura Base-metals Project. The new drill target, the Dewrang Target, has been identified from the interpretation of a recently completed IP survey, confirming the significant exploration upside and potential of the Bonaventura Project.

Highlights:

·     IP survey interpretation at the Dewrang Target identified two highly-chargeable anomalies at approximately 200m depth over a strike length of over 400m

·     Anomalies indicate potential for the presence of high-grade base-metal sulphides, making the Dewrang Target a high-priority area for exploration

·     Significant chargeability anomalies also identified at the Vinco and Grainger prospects represent two other high-priority drill targets

·     Excellent correlation between IP chargeability anomalies and historic high-grade zinc drill intercepts (including 6m @ 6.3%Zn1)

·     Up to 2,500m of exploratory drilling at Bonaventura Project to commence Q3 2018 targeting highly-prospective copper, zinc and gold prospects

Cadence currently owns a 6.7 % equity stake in Auroch Minerals, which is an exploration company targeting principally zinc, cobalt and lithium.

The full release can be found at:  https://www.asx.com.au/asxpdf/20180706/pdf/43wbmyp4rdj9v5.pdf

Cadence Minerals CEO Kiran Morzaria commented: ” The early results from the Auroch Induced Polarisation survey are nothing short of spectacular. IP results have not only confirmed drill-ready targets at Auroch’s priority Vinco and Grainger prospects, but results from the new fourth drill Dewrang Target shows the IP chargeability anomaly is more than twice as strong than at Grainger. “

“We are enthused by the possibilities offered by Auroch’s new Dewrang target, and note CEO Aidan Platel’s comments that the potential for high-grade base-metal intersections is ‘fantastic'”

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact.

Cadence Minerals plc                                                                                                                                    +44 (0) 207 440 0647

Andrew Suckling

Kiran Morzaria

WH Ireland Limited (NOMAD & Broker)                                                                                                               +44 (0) 207 220 1666

James Joyce

James Sinclair-Ford

Hannam & Partners LLP                                                                                                                                +44 (0) 207 907 8500

(Financial Advisors & Joint Broker)

Neil Passmore

Ingo Hofmaier

Square1 Consulting                                                                                                                                        +44 (0) 207 929 5599

David Bick

 

Qualified Person

Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.

About Cadence Minerals:

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over £30 million vested in key assets globally, Cadence is helping us reach tomorrow, today.

Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.

The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.

Forward-Looking Statements:

Certain statements in this announcement are or may be deemed to be forward-looking statements. Forward-looking statements are identified by their use of terms and phrases such as ”believe” ”could” “should” ”envisage” ”estimate” ”intend” ”may” ”plan” ”will” or the negative of those variations or comparable expressions including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors’ current expectations and assumptions regarding the Company’s future growth results of operations performance future capital and other expenditures (including the amount. nature and sources of funding thereof) competitive advantages business prospects and opportunities. Such forward-looking statements reflect the Directors’ current beliefs and assumptions and are based on information currently available to the Directors.  Many factors could cause actual results to differ materially from the results discussed in the forward-looking statements including risks associated with vulnerability to general economic and business conditions competition environmental and other regulatory changes actions by governmental authorities the availability of capital markets reliance on key personnel uninsured and underinsured losses and other factors many of which are beyond the control of the Company. Although any forward-looking statements contained in this announcement are based upon what the Directors believe to be reasonable assumptions. The Company cannot assure investors that actual results will be consistent with such forward-looking statements.

Cadence Minerals #KDNC – Auroch Minerals ASX: $AOU commences Induced Polarisation Survey at the Bonaventura Base Metals Project

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) reports that Auroch Minerals has announced the new Induced Polarisation survey over the Bonaventura Base-metals Project has commenced. This follows the recent completion of the reinterpretation of historical geophysical data. The exploration programme is on schedule and will underpin the commencement of a maiden drill programme in July 2018. The project is located in a world-class base-metal region of South Australia.

Cadence currently owns a 7.7% equity stake in Auroch Minerals, which is an exploration company targeting principally zinc, cobalt and lithium.

The full release can be found at: https://wcsecure.weblink.com.au/pdf/AOU/01989946.pdf

Kiran Morzaria, Chief Executive Officer of Cadence, commented: “Additional IP data in these high priority target areas will complement Auroch Minerals’ existing geological model and allow the company to plan for its maiden drill programme at the Bonaventura Project with more confidence.”

– Ends –

For further information, please contact.
Cadence Minerals plc +44 (0) 207 440 0647
Andrew Suckling
Kiran Morzaria
WH Ireland Limited (NOMAD & Broker) +44 (0) 207 220 1666
James Joyce
James Sinclair-Ford
Hannam & Partners LLP (Joint Broker) +44 (0) 207 907 8500
Neil Passmore
Giles Fitzpatrick
Square1 Consulting +44 (0) 207 929 5599
David Bick

Qualified Person

Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.

About Cadence Minerals:

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over GBP20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.

Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.

The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.

Cadence Minerals #KDNC – Auroch Minerals reinterpretation of Bonaventura data confirms exciting potential for both base-metal & precious-metal mineralisation

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) reports that Auroch Minerals has announced the reinterpretation of historical geophysical data for its 100%-owned Bonaventura Base-metals Project has now been completed. The project is located on the regional-scale CygnetSnelling Fault along trend from existing large base-metal deposits such as the Angas Zinc deposit and the Kanmantoo Copper deposit, in the world-class base-metal mining region of South Australia.

Highlights:

·     Reinterpretation of historical geophysical data for the Bonaventura Base-metals Project completed

·     A total of 17 target areas identified by SGC from the reinterpretation of high-resolution aeromagnetic, radiometric, gravity and induced polarisation (IP) data

·     Geophysical data is coincident with high-grade target areas identified from Auroch’s ground reconnaissance and will assist in the definition of drill targets for zinc, lead, copper and gold mineralisation

·     A new IP survey has been planned for 3 high-priority target areas to commence in June

·     Access and permitting processes for the maiden drill programme are well-advanced.

Auroch Minerals is now focused on the recently acquired Arden and Bonventura projects located in the world class mining region of South Australia.

Cadence currently owns a 7.7% equity stake in Auroch Minerals, which is an exploration company targeting principally zinc, cobalt and lithium.

The full release can be found at: https://wcsecure.weblink.com.au/pdf/AOU/01983175.pdf

Kiran Morzaria, Chief Executive Officer of Cadence, commented: “The reinterpretation of the historical geophysical data and the identification of 17 exploration target areas confirms the exciting potential of the Bonaventura Project for both base-metal and precious-metal mineralisation.”

– Ends –

For further information, please contact.
Cadence Minerals plc +44 (0) 207 440 0647
Andrew Suckling
Kiran Morzaria
WH Ireland Limited (NOMAD & Broker) +44 (0) 207 220 1666
James Joyce
James Sinclair-Ford
Hannam & Partners LLP (Joint Broker) +44 (0) 207 907 8500
Neil Passmore
Giles Fitzpatrick
Square1 Consulting +44 (0) 207 929 5599
David Bick

Qualified Person

Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.

About Cadence Minerals:

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over GBP20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.

Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.

The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.

Cadence Minerals #KDNC – Auroch Minerals $AOU reports high-grade Zinc & Gold results from Bonaventura Project

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) reports that Auroch Minerals has announced high-grade Zinc and Gold results from its Bonaventura Project in South Australia. 

Highlights:

Reconnaissance rock-chip sampling at the Bonaventura Base-metals Project has confirmed high-grade zinc – plus lead, copper and silver – mineralisation at the Grainger Targetarea:

  • 00% Zn, 1.44% Pb, 0.22% Cu and 19.5g/t Ag
  • 30% Zn, 3.06% Pb, 0.45% Cu and 42.8g/t Ag
  • 72% Zn, 2.17% Pb, 0.89% Cu and 30.6g/t Ag
  • 17% Zn, 2.40% Pb, 0.91% Cu and 51.6g/t Ag

Reconnaissance sampling of waste dump material from historic artisanal mine workings at the Kohinoor Gold Target in the southeast of the Bonaventura Project tenure also confirmed high-grade gold mineralisation:

  • 3 g/t Au
  • 4 g/t Au
  • 98 g/t Au

Re-processing and interpretation of existing geophysical data is underway.

Auroch Minerals is now focused on the recently acquired Arden and Bonventura projects located in the world class mining region of South Australia.

Cadence currently owns approximaltey 7% of the equityin Auroch Minerals, which is an exploration company targeting principally zinc, cobalt and lithium.

The full release can be found at: http://clients3.weblink.com.au/pdf/AOU/01980628.pdf

Kiran Morzaria, Chief Executive Officer of Cadence, commented: “The results from the recent sampling at the Bonaventura Project are very encouraging and we are pleased Auroch Minerals is advancing its rapid exploration programme on schedule in order to systematically evaluate multiple target areas during 2018.”

– Ends –

For further information, please contact.
Cadence Minerals plc +44 (0) 207 440 0647
Andrew Suckling
Kiran Morzaria
WH Ireland Limited (NOMAD & Broker) +44 (0) 207 220 1666
James Joyce
James Sinclair-Ford
Hannam & Partners LLP (Joint Broker) +44 (0) 207 907 8500
Neil Passmore
Giles Fitzpatrick
Square1 Consulting +44 (0) 207 929 5599
David Bick

Qualified Person

Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.

About Cadence Minerals:

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over GBP20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.

Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.

The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.

Cadence Minerals #KDNC – Auroch Minerals terminates Alcoutim joint venture agreement

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) reports that Auroch Minerals has announced ithas terminated the agreement with its joint venture partners over the Alcoutim Project in south-eastern Portugal. Auroch Minerals fulfilled all obligations under the Alcoutim Prospecting Licence as required by the agreement. An application for the renewal of the licence was submitted on time to the DGEG (Portuguese Directorate of Energy and Geology). However, as the licence is not yet renewed (which is a condition precedent of the agreement), Auroch Minerals has elected to terminate the agreement.

Auroch Minerals is now focused on the recently acquired Arden and Bonventura projects located in the world class mining region of South Australia

Cadence currently owns a 7.7% equity stake in Auroch Minerals, which is an exploration company targeting principally zinc, cobalt and lithium.

The full release can be found at: https://wcsecure.weblink.com.au/pdf/AOU/01979913.pdf

– Ends –

For further information, please contact.
Cadence Minerals plc +44 (0) 207 440 0647
Andrew Suckling
Kiran Morzaria
WH Ireland Limited (NOMAD & Broker) +44 (0) 207 220 1666
James Joyce
James Sinclair-Ford
Hannam & Partners LLP (Joint Broker) +44 (0) 207 907 8500
Neil Passmore
Giles Fitzpatrick
Square1 Consulting +44 (0) 207 929 5599
David Bick

Qualified Person

Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.

About Cadence Minerals:

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over GBP20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.

Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.

The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.

Cadence Minerals #KDNC – European Metals Holdings provides quarterly update on Cinovec Project & Auroch Minerals updates on its Tisova Project option

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) reports that European Metals Holdings Limited (ASX & AIM: EMH) has reported on its activities and continued progress in the development of the globally significant Cinovec Lithium/Tin Project in the Czech Republic during the three-month period ending March 2018. 

Highlights included:

  • Lithium leach recoveries of 94-95% achieved from recent laboratory scale roasting and water leaching tests.
  • Confirmation that a modest increase in roasting temperature significantly increases lithium recovery.
  • Confirmation that the substitution of the more cost effective reagent, limestone in place of lime did not reduce lithium recovery.

The full release can be found at: http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/EMH/13623656.html together with the quarterly cash flow report: http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/EMH/13623661.html

Cadence owns approximately 20% of the equity in European Metals Holdings.

Separately, Auroch Minerals Limited reports that it will not exercise its option to acquire the historic Tisová Copper Mine as its primary focus is now on the Arden and Bonventura Base-metals projects in South Australia. Auroch Minerals has fulfilled all its obligations under the Option Agreement which expires on 30 April 2018 and it is released from any further obligations under the Option Agreement.

The full release can be found at: https://wcsecure.weblink.com.au/pdf/AOU/01976128.pdf

Cadence approximately owns 7% of the equity in Auroch Minerals, which is an exploration company targeting principally zinc, cobalt and lithium.

– Ends –

For further information, please contact.
Cadence Minerals plc +44 (0) 207 440 0647
Andrew Suckling
Kiran Morzaria
WH Ireland Limited (NOMAD & Broker) +44 (0) 207 220 1666
James Joyce
James Sinclair-Ford
Hannam & Partners LLP (Joint Broker) +44 (0) 207 907 8500
Neil Passmore
Giles Fitzpatrick
Square1 Consulting +44 (0) 207 929 5599
David Bick

Qualified Person

Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.

About Cadence Minerals:

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over GBP20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.

Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.

The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.

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