PJ and
@NightKing
Poss worth watching Cadence on the side as well in case anything filters to them prior our mkt
. They hold 7.7% in AOU.
Their mkt update 4 Oct on AOU update here.
https://www.beaufortsecurities.com/quote?epic=KDNC&tab=news#tab-active
Auroch updates on Alcoutim project
Wed 04 Oct 2017 13:30:38 BST
Cadence Minerals has confirmed that Auroch Minerals, a Company in which it holds a 7.7% equity stake, reported encouraging results from the Alcoutim project.
Highlights included:
- Increasing electrical conductivity at the base of Hole ALFP003 ("Hole 3") indicated by preliminary interpretation of the Down Hole Electro Magnetic ("DHEM") survey
- Disseminated and vein mineralisation has been logged in volcanic sediments interpreted to be similar rocks to the host sequence at the Super Giant Neves Corvo Cu-Zn Deposit
- Hole 3 will now be deepened to follow up on bottom of hole Electro Magnetic ('EM') conductivity anomaly.
At 1:30pm: (LON:KDNC) Cadence Minerals Plc share price was -0.01p at 0.38p