Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note that ASX listed
Highlights:
EverGreen's
A revised Mine Management Plan (MMP) for Bynoe is being finalised for approval.
Contractors for maiden drill program at Bynoe have been secured.
Geochemical and geophysical activities during the 2023 field season have identified multiple high priority drill targets.
Drill testing of these targets will commence on MMP approval, subject to weather conditions.
Drilling of high priority targets identified.
2,050 soil sample assays are at the laboratory awaiting assay.
Aboriginal Areas Protection Authority Certificate
Under the Northern Territory Aboriginal Sacred Sites Act, the
The Authority consults with Aboriginal custodians to ensure they are fully informed about development and to ensure land users and developers are given clear conditions regarding proposed work in the vicinity of sacred sites.
Through the work of the Authority, developers can have confidence to proceed with investment.
The authority certificate covers aspects of exploration including but not limited to: Exploration drilling (RC, Diamond, Air Core &
Track related works (new tracks, update of existing tracks and maintenance)
Construction of drill pads and sumps
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
Link here to view the full Evergreen ASX announcement
Evergreen Chairman
Background to Cadence's investment in Evergreen Lithium
Cadence Minerals received approximately 15.8 million shares in Evergreen in
Contact:
Tel: +44 (0) 20 3582 6636
Cautionary and Forward-Looking Statements
Certain statements in this announcement are or may be deemed to be forward-looking statements. Forward-looking statements are identi?ed 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 re?ect 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.
The information contained within this announcement is deemed by the company to constitute Inside Information as stipulated under the Market Abuse Regulation (E.U.) No. 596/2014, as it forms part of
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