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An announcement from Cadence Minerals ( (GB:KDNC) ) is now available.
Cadence Minerals announced the completion of the 2024 work program at the Bynoe Project by Evergreen Lithium, which confirms the presence of LCT pegmatites and identifies potential gold mineralization. The exploration activities involved various drilling and sampling techniques, with significant findings of spodumene-bearing pegmatites and areas prospective for gold, suggesting promising prospects for both lithium and gold extraction. This development strengthens Evergreen’s confidence in the Bynoe Project, potentially enhancing Cadence’s market positioning and stakeholder value.
More about Cadence Minerals
Cadence Minerals PLC is a company involved in the mining industry, focusing on the exploration and development of mineral resources. It is notably a shareholder in Evergreen Lithium Limited, which is engaged in projects related to lithium and gold exploration.
YTD Price Performance: 12.12%
Average Trading Volume: 1,574,348
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £5.48M
For a thorough assessment of KDNC stock, go to TipRanks’ Stock Analysis page.
