Cadence Minerals plc said that its joint venture (JV) partner had received commitments to raise $100.7 million through an equity placement for the Yangibana rare earth project in the Gascoyne region of Western Australia. Australian company Hastings Technology Metals owns 70% and Cadence holds 30% of three mining leases and six exploration licences which form […]
Tag: Yangibana in Gascoyne
Cadence JV drill results show positive rare earth indicators
Cadence Minerals plc said the latest drill results were positive indicators from the Simon’s Find deposit at the Yangibana rare earths joint venture in Gascoyne, Western Australia. ECONOMIC ZONE Partner Hastings Technology Metals’ drill results showed a “major 2km long zone of economic mineralisation significantly expanding the existing resource base”. The area also contained “world-beating […]