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Correction: Berkeley Energia Estimates Maiden Mineral Resource for Conchas Project in Spain

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(Corrects mineral resource estimate and adds additional details)

Berkeley Energia (BKY.L, BKY.MC) on Tuesday outlined a maiden mineral resource estimate for its wholly owned Conchas project in Spain.

The mining company estimated a mineral resource of 11.8 million tonnes at 0.41% lithium oxide and 0.21% rubidium oxide, containing 49,000 tonnes of lithium oxide and 25,200 tonnes of rubidium oxide.

The company plans to continue advancing the project, including additional infill drilling to increase the resource classification, and further metallurgical test work to improve the flotation and magnetic separation processes.

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