---
title: "Cadence Minerals PLC (AIM/NEX: KDNC; OTC: KDNCY) Update – Macarthur Minerals"
publisher: "Share Talk"
author: "sharetalk"
published: "2017-11-22T15:37:06+00:00"
modified: "2017-11-22T15:37:58+00:00"
date: 2017-11-22
canonical: "https://www.share-talk.com/cadence-minerals-plc-aim-nex-kdnc-otc-kdncy-update-macarthur-minerals/"
category: "Mining"
categories: ["Mining"]
tags: ["Cadence Minerals", "KDNC"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Cadence Minerals PLC (AIM/NEX: KDNC; OTC: KDNCY) Update – Macarthur Minerals

**Published:** November 22, 2017
**Author:** sharetalk
**Categories:** Mining
**Tags:** Cadence Minerals, KDNC
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1)

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**Macarthur Minerals Update – Artemis Resources to commence exploration for conglomerate gold on Macarthur’s Pilbara tenements  **

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to report that Macarthur Minerals Limited (TSX-V: MMS) has announced that Artemis Resources Limited (“Artemis”) is to commence exploration for conglomerate hosted gold at Macarthur Minerals’ two licensed tenements in the Pilbara region of Western Australia, under an option agreement between the two companies announced last month.

Cadence has a 15.2% equity interest in Macarthur, which is an Australian mining exploration company focused primarily on lithium, iron ore and gold in the Pilbara region of Western Australia. It also has a lithium project in Nevada, USA.

![](https://www.share-talk.com/wp-content/uploads/2017/11/Figure-1-3-300x206.jpg)

The full release can be found at: [https://web.tmxmoney.com/article.php?newsid=4540167949465851&qm_symbol=MMS](https://web.tmxmoney.com/article.php?newsid=4540167949465851&qm_symbol=MMS)

**Kiran Morzaria, Chief Executive Officer of Cadence, commented:**

“The discovery of conglomerate hosted gold within the Pilbara region of Western Australia is opening up a potentially significant new gold province, the mineralisation is thought to be analogous to the Witwatersrand gold province in South Africa where approximately 1.6 billion ounces of gold have been mined. We look forward to hearing the progress of exploration on these tenements.”

**– Ends –**

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