Cadence Minerals plc’s investee company has identified “significant and widespread lithium” from auger and geochemical programme at the Kenny project within the Dundas mineral field of Western Australia.
Evergreen’s results indicated “the potential for lithium, caesium and tantalum pegmatites” at the site.
Five priority lithium target zones had Li2O assay results showing maximum values up to 250 ppm Li2O.
Cadence added that lithium pathfinders included maximum values of 54ppm Be, 46.2ppm Cs, 5.17% K,159.00ppm La, 427ppm Rb and 11.9ppm Ta.
Cadence Minerals plc (LON:KDNC) provides mining services. The Company focuses on finding lithium and other technology minerals in new places, as well as offers extracting services. Cadence Minerals holds approximately 7.2% percent of the equity in European Metals Holdings.