Cassius Mining retracts Project and Valuation announcement

Cassius Mining Limited (ASX:CMD) has retracted the announcement titled 'Soalara Limestone Project Valuation - Madagascar' released on 24 September 2024. The retraction is due to a conflict with JORC Clause 51, which prohibits the publication of 'in situ' or 'in ground' financial valuations in relation to Mineral Resources. The Company advises against using the retracted statement as the basis for an investment decision regarding Cassius's shares.

Executive Commentary

The retraction of the Soalara Limestone Project valuation announcement is a necessary step to ensure compliance with JORC Clause 51. We are committed to upholding the highest standards of transparency and accuracy in our disclosures. This retraction should serve as a reminder of our dedication to regulatory compliance and responsible communication with our stakeholders.

Summary of Retraction and Outlook

Cassius Mining Limited has retracted the Soalara Limestone Project valuation announcement due to non-compliance with JORC Clause 51. The Company emphasizes the importance of adhering to regulatory guidelines and maintaining integrity in all communications. Looking ahead, Cassius remains focused on its commitment to transparent and compliant reporting practices, ensuring that future disclosures align with regulatory requirements and best practices.