Berkeley Energia Limited Election result and award of three licences (7540B)
11 6월 2019 - 3:01PM
UK Regulatory
TIDMBKY
RNS Number : 7540B
Berkeley Energia Limited
11 June 2019
BERKELEY ENERGIA LIMITED
NEWS RELEASE | 11 June 2019
Berkeley Energia welcomes municipal election result and is
awarded three new exploration licences
Berkeley Energia Limited ("the Company") welcomes the result of
the recent municipal election in Retortillo, the village close to
the Salamanca project; and has recently been awarded exploration
licences which are prospective for battery and EV metals.
Four of the five council seats were won by candidates supportive
of the Company's project, one which will create a substantial
number of local jobs and will support local businesses. Villagers
from Retortillo and the surrounding community have consistently
campaigned "Si a la Mina".
The Company continues to await the recommendation report from
the Nuclear Safety Council and has appealed, along with others, the
recent appointments to the Board of the Council and awaits the
Supreme Court's ruling on this matter.
The Company has also been awarded three new licenses covering an
area of 266 km(2) , located 40 km from Retortillo.
Previous geochemical analysis using ionic leach methodology has
shown the licence areas to be prospective for the battery and EV
metals lithium, cobalt, tin, tungsten and rare earth elements. The
company is accelerating plans to further define, and test drill
these targets.
The ionic leach process utilises ultra-high detection levels of
mobile metal ions in the soils at surface and is one of the latest
techniques developed to analyse metals at depth without drilling.
This is the first time this innovative technology has been utilised
in Spain.
The Company's Managing Director & CEO, Paul Atherley,
commented:
"We are pleased for the villagers who have been campaigning hard
for the investment to now be so well represented on the municipal
council. We look forward to working with the new council in
achieving the outcome that the community wants.
The Company's success to date has been built on the foundations
of innovative exploration techniques to discover and delineate
metals vital for society.
The demand for clean technology metals to support the global
battery and EV industries is taking off. The urgent need to explore
for these critical metals to provide reliable supply within the EU
comes at a time when some commentators are suggesting that
governments are threatening to restrict supply of these important
components of the green energy revolution."
For further information please contact:
Berkeley Energia Limited +44 203 903 1930
Paul Atherley, Managing Director and info@berkeleyenergia.com
CEO
Sean Wade, Chief Commercial Officer
Berenberg (Joint Broker) +44 203 207 7800
Matthew Armitt
Detlir Elezi
Tamesis Partners (Joint Broker) +44 203 882 2868
Charles Bendon
Richard Greenfield
Buchanan +44 207 466 5000
Bobby Morse, Senior Partner BKY@buchanan.uk.com
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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