Cadence and Clancy aim to tap into Europe battery market with Austria project

July 3, 2017

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New project partners Cadence Minerals and Clancy Exploration are upbeat about prospects for the Leogang cobalt/nickel project extending over the Salzburg and Kitzbuhel regions of Austria, with an independent review of the project having delivered “encouraging” results.
Aim-listed Cadence reported on Monday that it had elected to acquire an initial 10% interest in the project, in accordance with a memorandum of understanding announced in mid-June. The company has completed a due diligence process, which included a technical review of the exploration potential of the area.

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