Cadence and Clancy tap into Europe battery market

Photo: Cadence

An independent review of the Leogang cobalt/nickel project delivered “encouraging” results

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,

"Our initial review of the Leogang project has been very encouraging. There is good exploration potential for cobalt, nickel, copper and other precious metals around the historical mines and the potential of much more extensive exploration targets over the dolomite-schist contact which the licences cover,” Cadence CEO Kiran Morzaria said to Mining Weekly.

With a cobalt mine, the companies hope to tap into the battery manufacturing supply chain in Europe.