Cassius Mining Advances JV Talks on High-Purity Soalara Limestone Project

Cassius Mining Ltd ( (AU:CMD) ) has shared an announcement.

Cassius Mining’s quarterly activities update highlights continued engagement with an expanded pool of experienced potential joint venture partners to advance its 100%-owned Soalara Limestone Project in Madagascar toward revenue generation. The company is finalising detailed project information under confidentiality arrangements, preparing for imminent site visits and core sampling as part of due diligence, and facilitating introductory meetings between local authorities, community representatives and interested parties. The Soalara resource, estimated at 340–440 million tonnes at 97% limestone purity and still open in multiple directions, underpins strong interest from counterparties involved in cement manufacture and infrastructure development, aligning the project with Madagascar’s broader infrastructure expansion and enhancing its prospects as a large-scale, low-cost supplier of high-purity limestone.

The most recent analyst rating on (AU:CMD) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Cassius Mining Ltd stock, see the AU:CMD Stock Forecast page.

More about Cassius Mining Ltd

Cassius Mining Limited is an ASX-listed resources company focused on the Soalara Limestone Project in Madagascar, a large, high-purity limestone deposit. The project benefits from coastal escarpment geology, very shallow overburden suitable for low-cost open-pit mining, and proximity to Toliara port and national road networks, positioning it to supply domestic and international markets, including cement producers and infrastructure projects in the region.

Average Trading Volume: 470,433

Technical Sentiment Signal: Hold

Current Market Cap: A$20.54M

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