Cadence Minerals plc investee company has intercepted pegmatitic intrusions in multiple locations at the Bynoe project, 50km south of Darwin. EVIDENCE Evergreen Lithium Ltd, in which Cadence currently holds 8.74%, logged air core drill samples at the Lunchbox and Frogmouth prospects, identifying pegmatites close to surface. Cadence said that early drilling provided evidence that that […]
Tag: Bynoe – the Northern Territory
Cadence investee begins Bynoe augur sampling
Cadence Minerals plc investee has started initial augur sampling in its next round of field work at the Bynoe lithium project in the Northern Territory, Australia. PRIORITY Evergreen Lithium Ltd’s programme follows approval in May of its mine management plan, allowing high impact exploration activities. Samples will be analysed in the field using portable X-ray […]
Cadence expects higher impact exploration at Bynoe
Cadence Minerals plc expects higher impact exploration to start at the Bynoe lithium project following recent approval of the mine management plan. The company’s investee Evergreen Lithium Ltd’s activities will include auger sampling as well as air core/rotary air, reverse circulation and diamond drilling. Contractors have been secured for the 2024 scheduled work programme to […]
Bynoe sampling shows ‘large’ lithium anomalism
Cadence Minerals plc said a new “large and significant” lithium anomalism had been identified from first results of geochemical soil sampling at Bynoe in the Northern Territory. DRILL Operator Evergreen Lithium Ltd, of which the company holds 8.78%, collected the batches from the tenement’s central area “demonstrating the widespread nature of potential mineralisation in the […]
Nine potential pegmatite targets identified at Bynoe
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. ANOMALIES 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 […]
Cadence notes priority pegmatite targets at Bynoe
Cadence Minerals plc portfolio company Evergreen Lithium Ltd has identified priority pegmatite targets within the Bynoe project in the Northern Territory of Australia. BLIND PEGMATITES Evergreen used ambient noise tomography (ANT) to measure the seismic velocity of the subsurface in three dimensions. The survey aimed to identify potential lithium bearing pegmatites at depth, otherwise known […]