Cadence Minerals Share Discussion Threads

[golden prospect] 20/10/2020 10:00

This is the boat LSE posters are getting excited about




Take a viewing seat !

[videologic] 20/10/2020 09:51

JohnThanks for that update. Added a few more this morning.

[golden prospect] 20/10/2020 09:51

Talk of boat coming in and KDNC tweeting iron ore export prices

Is this about to run ?

[johncasey] 19/10/2020 18:06

its a shame then theyve almost sold out..it looks like auroch will be a winner

[diesel] 19/10/2020 17:36

JC...I dont think there is a requirement for a company to report a reduction in its investment in another company, Auroch may have rns’d it, agree it’s odd and it would be good practise to keep investors updated with the % holdings of its portfolio.

[johncasey] 19/10/2020 16:08

we didnt get a rns saying our stake in auroch had gone below 3%...seems abit odd

[johncasey] 19/10/2020 12:48

yes just seen that rns 1% holding so not worth worrying about

[johncasey] 19/10/2020 12:34

i thought it was 10%...anyway auroch up 22% today 38m now

[diesel] 19/10/2020 08:48

Not sure what the % of Auroch Cadence owns, anything from 1% to 7% see Rns of 28th Oct 2019. Every time one of their investments does a cash raise, merger or other it dilutes Cadences % holding. Cadence is not good at keeping this information up to date.

[johncasey] 18/10/2020 21:27

vid.. $31m

[videologic] 18/10/2020 18:01

JohnDo you know what the market cap is for Auroch?

[johncasey] 16/10/2020 07:59

auroch up 25 per cent today..cadence own 10 percent

[johncasey] 16/10/2020 07:58

SURFACE COPPER SAMPLING PROGRAMME COMMENCES AT
ARDEN PROJECT
Highlights
• Soil and surface rock-chip sampling programme is underway at the Arden Project to cover
prospective copper trends
• Programme will cover regional trend along strike from the high-grade copper trend recentlyidentified by Taruga Minerals Ltd (ASX:TAR)
• Previously surface sampling by the Company at the southern end of the trend resulted in rock
chip samples up to 20.4% Cu1
• Initial programme will take approximately three weeks, after which further prospective trends
in the east and northeast of the Arden tenure will also be sampled
Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased to announce it has
commenced a surface sampling programme along the prospective copper trends of its Arden Project
(Arden) in South Australia.
The programme will comprise both surface rock chip sampling and soil sampling across a regional
trend identified by aeromagnetics. The trend extends from the Taruga Minerals Ltd (ASX:TAR; Taruga)
tenement to the north down to the historic artisanal Mt Arden copper mine to the south (Figure 1).
Earlier this year Taruga successfully defined a high-grade copper trend in soils and surface rock chip
samples over a prospective trend 15km long2
. A review of Auroch’s high-resolution aeromagnetics
survey flown in June 2018 clearly shows the structures of the Taruga trend extending south into the
Arden tenement and down to the area of the historic Mt Arden copper mine.
In 2018 Auroch’s surface rock-chip sampling programme of outcrops near Mt Arden produced highgrade copper results, including 20.4% Cu, 15.25% Cu, 8.55% Cu and 5.52% Cu1
. The current surface
sampling programme will extend the previous programmes along the magnetic trend to the north
towards Taruga’s neighbouring tenement (Figure 1).
Auroch Managing Director Aidan Platel commented:
“We are excited to recommence exploration at our Arden Project in South Australia. We are
encouraged by the fantastic success of our neighbour Taruga Minerals through their definition of
several high-grade copper trends in their tenure. We have reviewed our high-resolution aeromagnetic
data and can see those same structures extending south into our tenement and down to the Mt Arden
region, where we know from our earlier sampling programmes there is high-grade copper outcropping
at surface. There is great potential for this sampling programme to define a significant strike length of
high-grade copper at surface at Arden, and we have already identified further potential copper-rich
areas within our tenure that will be covered with surface-sampling programmes following this initial
programme.”

[shirley83] 13/10/2020 11:59

We don't own any of Hastings. We Cadence owns 30% of 3 Mining Leases, 6 Exploration Licences which form part of the Yangibana Rare Earth Deposit. Hastings Technology Metals owns the remaining 70% ("Hastings"). F

[shirley83] 13/10/2020 11:56

Shame it is not our drill site

[dubjon] 13/10/2020 11:21

Hastings results just been rnsd.

[johncasey] 12/10/2020 18:17

hooded..well apology it was over two days then but REM did do 500-600% in a couple of days

[dubjon] 12/10/2020 18:14

Thanks for posting that find JC
Looks very promising.

[hooded claw] 12/10/2020 07:24

That never happened so you didn't see it.On news day it went from 0.1 to 0.17p as I was buying as I traded it on others greed so 70% rise.The next day it opened at 0.42p and I sold out so 150% rise that day but it was a jam tomorrow senario so it dropped quickly after that.So which of those days did you see it rise 400% ?

[johncasey] 11/10/2020 23:13

HC..EIGHTEEN months ago..i got sucked in,crashed back down..different animal now though..and look at this tonight we have 30 per cent holding in Hastings..luvely jubbly



12 October 2020
OUTSTANDING RARE EARTH OXIDE GRADES FROM
FRASERS NORTH AND SOUTH DRILLING
 Outstanding rare earth oxide grades received from 29 out of 30 drill
holes from Fraser’s North and South sampling.
 High‐grade and shallow intersections from Fraser’s North and South
drilling include:
• 3m @ 7.28% TREO from 8m,
 Including 1m @ 18.57% TREO from 8m,
• 8m @ 3.51% TREO from 31m,
• 2m @ 1.67% TREO from 31m,
• 6m @ 1.42% TREO from 8m, and
• 4m @ 1.36% TREO from 17m.
 Highest grade intersections occur south of the current Fraser’s
Open Pit (mineral resource of 1.32 million tonnes grading 1.35%
TREO including 0.56% Nd2O3+Pr6O11
1
) and extend mineralisation up
to 450m in a south easterly direction.
 Drilling results from the North now confirm contiguous new
mineralisation up to 250m from the Fraser’s Pit limit.
 In the South, all mineralisation remains open down dip and along
strike, with surface ironstone outcrops being tracked for up to 1‐
kilometre past last drill locations.
 New results record highest grades to date from Yangibana project,
with 1m samples returning grades of up to 18.57% TREO.
 Results from the South come from largely untested areas,
highlighting the potential for them to merge into a single large
1.4km long Fraser’s Open Pit.
 Results will be included in an updated Fraser’s Mineral Resource
estimate scheduled for year‐end completion.
__________________________________________________
Introduction
Hastings Technology Metals Limited, Australia’s next Rare Earths
producer (ASX: HAS) (“Hastings” or “the Company”), is pleased to
announce further drill results as part of the 2020 Exploration Drilling
Program, for the Fraser’s North and South areas.
The Company has so far received assay results for 30 RC drill holes in
these areas since drilling commenced in early June. Numerous
significant potentially economic results have been received from 29
out of the 30 holes which include some of the highest grade results
yet returned from any drilling at the Yangibana project since 2014.
Hastings Technology Metals Limited
ABN 43 122 911 399
ASX Code: Shares ‐ HAS

Address:
Level 8, Westralia Plaza
167 St Georges Terrace
Perth WA 6000
PO Box 6 Westralia Plaza
167 St Georges Terrace
Perth WA 6000
[e-mail]
Board
Charles Lew (Executive Chairman)
Guy Robertson (Finance Director)
Jean Claude Steinmetz (Non‐Exec
Director)
Neil Hackett (Non‐Exec Director and
Company Secretary)
Mal Randall (Non‐Exec Director)
www.hastingstechmetals.com

2
The majority of drilling planned for Fraser’s North and South was designed to complete 40m x 40m
drilling to extensions of the 650m long Fraser’s Open Pit Mineral Resource at shallow depths that
form a critical part of the early mine schedule for the Yangibana Project.
COO, Andrew Reid commented: “these fantastic results have again exceeded our expectations for
the Company’s 20,000m 2020 exploration drill program, with almost every drill hole announced
today intersecting rare earth grades which Hastings believe could be economic and mineable.
The exceptionally high grades from Fraser’s South (up to 18.57%) gives us a lot of confidence that we
are in a rare earth zone richly endowed with huge potential, particularly given how little exploration
it has seen.
Hastings is now well on its way to achieving its goal of extending mine life through testing our existing
geological understanding of the Fraser’s deposit. We are now intersecting consistent mineralisation
over a wide area and there remains plenty of opportunity to significantly expand the Mineral
Resource in the future with open mineralisation along strike and down‐dip requiring further drilling
in the future.
The entire Fraser’s North to South mineralised trend is emerging as a large consistent zone which is
characterised by thick near surface intercepts with grades that would potentially support a large
open pit operation”.
The drilling at Fraser’s South has intercepted the predicted ironstone positions and returned
consistent mineralisation results, with some of the best TREO results ever received from Yangibana.
Hastings remains confident that this mineralised trend will continue in a south‐easterly direction
based on surface mapping and points to the potential of further development of the Mineral
Resource within the Fraser’s South corridor.
Additional future work will include step out exploration drilling along strike and drilling down dip,
where the mineralisation to date has only been tested to 40m below the surface.
1
Hastings is not aware of any new information or data that materially affects the information in this
market announcement (ASX announcement 4 November 2019) and, in the case of estimates of
‘mineral resources or ‘ore reserves, that all material assumptions and technical parameters
underpinning the estimates in this market announcement continue to apply and have not materially
changed.

[hooded claw] 11/10/2020 21:24

And when did it do that JC?

[kcaco] 09/10/2020 10:07

JC let’s hope you see it again 👍

[johncasey] 09/10/2020 09:42

ive seen this do 400 per cent in one day

[inv] 09/10/2020 08:23

Up she goes. 15p today