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Cadence Minerals encouraged by Auroch's latest drill results from Tisova project

Cadence has a 7.7% stake in Aussie firm Auroch Minerals
Cobalt
Best results from the drilling were: 0.69% Cobalt, 17.1% Copper, 3.7 ppm Gold and 178 ppm Silver

Auroch Minerals, in which Cadence Minerals Plc (LON:KDNC) owns a 7.7% equity stake, has identified more cobalite at its Tisova project in the Czech Republic.

Auroch said all holes drilled to date have intersected multiple zones of massive to semi-massive sulphide mineralisation within a wider sulphide halo, as predicted in the 3D geology model.

Full details of the latest Auroch Minerals drill results are available online.

"We are very encouraged by these latest drill results from the Tisova Project and look forward to a further update before the end of this year,” said Kiran Morzaria, chief executive officer of Cadence.

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