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Macarthur Minerals Lake Giles Update
Macarthur Minerals Lake Giles Update.
About this update from Cadence Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 9866J Cadence Minerals PLC 22 August 2019 \n\nCadence Minerals Plc\n \n(\"Cadence Minerals\", \"Cadence\" or \"the Company\")\n \nMacarthur Minerals (TSX-V: MMS) Update on the Lake Giles Iron Ore Project Update.\n \nCadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement today from Macarthur Minerals (TSX-V: MMS) (\"Macarthur\") outlining recent activities advancing the Lake Giles Iron Ore Project in the Yilgarn Region of Western Australia.\n \nCadence Minerals Holding in Macarthur\n \nCadence holds approximately 9.8% of the issued equity interest in Macarthur, which is an Australian mining exploration company focused primarily on iron ore, nickel, lithium and gold in Western Australia. It also has a lithium project in Nevada, USA.\n \nLake Giles Developments\n \nDiamond and RC drilling infill programme has commenced to support a resource category upgrade and obtain samples for metallurgical test work.\n \nDevelopment of the Commercial and Technical capabilities in the Company to deliver the completion of a Bankable Feasibility Study.\n \nApplication for in-principle advice seeking consideration from the Australian Stock Exchange (\"ASX\") for a proposed dual listing of the Company.\n \nDiscussions with commercial partners for power and water supply, mining services, road and rail haulage, port infrastructure development and process plant design and construction.\n \nMacarthur will release more detailed information to the market on these key project developments as they are finalized.\n \nThe full Macarthur release can be found at: https://web.tmxmoney.com/article.php?newsid=5431321825042125&qm_symbol=MMS\n \nCadence CEO Kiran Morzaria commented; \"The Cadence board remain enthused by the considerable scope of the Lake Giles iron ore project. We note CEO Cameron McCall's comments regarding the proposed dual listing and completion of the Feasibility study, and look forward to further progress.\"\n \nThis news release is not for distribution to United States Services or for Dissemination in the United States. \n- Ends -\n \n\n\n\n\nFor further information:\n\n\n\n\nCadence Minerals plc\n\n\n &nbs...