Cassius Mining’s Soalara Project Valued up to $7.1M

Cassius Mining Ltd (AU:CMD) has released an update.

Cassius Mining Limited has announced an independent valuation for its Soalara Limestone project in Madagascar, revealing a market value between US$3.5 million and US$7.1 million with a preferred value of US$4.6 million. The valuation was based on Comparable Transactions and Modified Replacement Value methods, with both indicating potential for increased project value through further development studies. Additionally, the company is contemplating further drilling to expand the known mineral resource tonnage of high purity limestone.

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