Cadence Minerals plc reported nine identified potential pegmatite targets from the final analysis of a geophysics survey at the Bynoe lithium project in the Northern Territory of Australia.
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The company, which owns 8.74% of operator Evergreen, added that the ambient noise tomography (ANT) survey integrated with geochemicall data showed “surface expression of anomalies”.
The new potential targets follow the preliminary results of priority targets reported in June.
Geochemical sampling and mapping continues at Bynoe while Evergreen awaits regulatory approvals for an inaugural drill programme.