{"id":40950,"title":"Cadence Minerals PLC (AIM:KDNC) Update – Auroch Minerals","publisher":"Share Talk","author":"sharetalk","published":"2018-05-11T09:57:17+00:00","modified":"2018-05-11T09:57:17+00:00","canonical_url":"https://www.share-talk.com/cadence-minerals-plc-aimkdnc-update-auroch-minerals/","markdown_url":"https://www.share-talk.com/cadence-minerals-plc-aimkdnc-update-auroch-minerals.md","json_url":"https://www.share-talk.com/cadence-minerals-plc-aimkdnc-update-auroch-minerals.json","category":"Mining","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&ssl=1","format":"news","language":"en-GB","content":" \n\nHigh-Grade Zinc and Gold Results from the Bonaventura Project\n\nCadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) reports that Auroch Minerals has announced high-grade Zinc and Gold results from its Bonaventura Project in South Australia.\n\n \n\n**Highlights**\n\n \n\nReconnaissance rock-chip sampling at the Bonaventura Base-metals Project has confirmed\n\nhigh-grade zinc – plus lead, copper and silver – mineralisation at the Grainger Target area:\n\n \n\n·     28.00% Zn, 1.44% Pb, 0.22% Cu and 19.5g/t Ag\n\n·     21.30% Zn, 3.06% Pb, 0.45% Cu and 42.8g/t Ag\n\n·     6.72% Zn, 2.17% Pb, 0.89% Cu and 30.6g/t Ag\n\n·     3.17% Zn, 2.40% Pb, 0.91% Cu and 51.6g/t Ag\n\n \n\nReconnaissance sampling of waste dump material from historic artisanal mine workings at the\n\nKohinoor Gold Target in the southeast of the Bonaventura Project tenure also confirmed high-grade\n\ngold mineralisation:\n\n \n\n·     33.3 g/t Au\n\n·     17.4 g/t Au\n\n·     8.98 g/t Au\n\n \n\nRe-processing and interpretation of existing geophysical data is underway.\n\n \n\nAuroch Minerals is now focused on the recently acquired Arden and Bonventura projects located in the world class mining region of South Australia.\n\n \n\nCadence currently owns approximaltey 7% of the equity in Auroch Minerals, which is an exploration company targeting principally zinc, cobalt and lithium.\n\nThe full release can be found at: [http://clients3.weblink.com.au/pdf/AOU/01980628.pdf](http://clients3.weblink.com.au/pdf/AOU/01980628.pdf)\n\n**Kiran Morzaria, Chief Executive Officer** of Cadence, commented: “The results from the recent sampling at the Bonaventura Project are very encouraging and we are pleased Auroch Minerals is advancing its rapid exploration programme on schedule in order to systematically evaluate multiple target areas during 2018.”\n\n "}