Mining company investor Cadence Minerals PLC (LON:KDNC) has noted updates from three of its key investments: Auroch Minerals (LON:ASX:AOU), European Minerals Holdings (LON:EMH) and Bacanora Minerals (LON:BCN).
Auroch is to start drilling priority copper and zinc targets in the week beginning 15 May following the anomalies recently identified in Portugal. Cadence owns 7.7% of Auroch.
Meanwhile, European Metals Holdings Limited has obtained three key permits in the development of the Cinovec Lithium/Tin Project in the Czech Republic. Cadence holds a 20.76% economic interest in Cinovec, via its interest in EMH.
Finally, Bacanora Minerals Plc has issue of 12.333mln shares to Hanwa, one of the larger traders of battery chemicals in the Asian region.