Business
Update on Cinovec Lithium/Tin Project
Update on Cinovec Lithium/Tin Project.
About this update from Cadence Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 2234G Cadence Minerals PLC 25 May 2017 \n\nCadence Minerals Plc\n \n(\"Cadence Minerals\", \"Cadence\" or \"the Company\")\n \nInfill Drilling Commenced at Cinovec Project\n \nCadence (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that European Metals Holdings Limited (\"EMH\") has announced the commencement of a focused infill drilling program at Cinovec South.\n \nCadence holds a 20.76% economic interest in Cinovec, via its interest in EMH. \nThe full EMH release is available at: http://www.investegate.co.uk/european-metals-hldg--emh-/rns/infill-drilling-commenced/201705250700061777G/.\nHighlights from the EMH Release:\n \n\n\n\n\n· Six core drillholes for a total of 2,800m planned.\n\n\n\n\n· Infill drilling in two areas where data density low and 'gaps' in the resource model occur.\n\n\n\n\n· Expected to add high grade resource at Cinovec South in critical areas where mining will start.\n\n\n\n\n· Results will be utilized during the DFS program to optimize the current mine plan.\n\n\n\n\n \n \n\n\n\n\nFor further information please contact\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCadence Minerals plc\n\n\n+44 (0) 207 440 0647\n\n\n\n\nAndrew Suckling\n\n\n\n\n\n\n\nKiran Morzaria\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWH Ireland Limited (NOMAD & Broker)\n\n\n+44 (0) 207 220 1666\n\n\n\n\nJames Joyce\n\n\n\n\n\n\n\nJames Bavister\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSquare1 Consulting\n\n\n+44 (0) 207 929 5599\n\n\n\n\nDavid Bick\n\n\n\n\n\n\n\nBrian Alexander\n\n\n\n\n\n\n\nQualified Person\nKiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.\nAbout Cadence Minerals:\nCadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale - upcoming supersized passenger vehicles, lorries and buses - require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over £35 milli...