- Cadence Minerals welcomed news that Auroch Minerals, of which it held a 7% stake, had advanced its Arden and Bonaventura project in South Australia state.

Auroch was had partnered with DDH1 for an 'aggressive maiden drilling programme', targeting up to 5,000m of high-grade base-metals and gold mineralisation across seven high-priority target areas.

The drilling was expected to commence this month.

'Following on from the early IP survey results, we are as enthused as the management team at Auroch at the quite exceptional potential of the prospects at Arden and Bonaventura projects,' chief executive Kiran Morzaria said.

At 1:49pm: [LON:KDNC] Cadence Minerals Plc share price was -0.01p at 0.22p

Story provided by