The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
----------
Kendrick Resources PLC - London-based exploration company - Announces updates on operations in Norway, Sweden and Finland. Produces provisional programme proposal for Stormyra deposit in Norway. Confirms meetings with local authorities around the deposit. Announces shipping of one tonne of Airijoki vanadium-copper to the UK for testing as soil geochemistry over Airijoki license is complete. Will test samples. Finds copper in soil is prevalent across licenses. Meanwhile, unearths additional historic data for Sumassjon project in Sweden. Further, commissions interpretation over vanadium project of geophysical survey data in Finland.
----------
Sabien Technology Group PLC - London-based boiler efficiency products company - Secures repeat order from US commercial real estate services & investment company CBRE Group Inc for M2G Cloud installations. Order is across Telefonaktiebolaget LM Ericsson’s European estate. ‘It is fitting that Ericsson, the leading provider of 5G network equipment, is an early adopter of Sabien’s unique Cloud internet of things global system for mobile communication enabled solution. Sabien’s M2G Cloud dashboard enables CBRE to showcase to Ericsson and other customers, visible plant saving and performance, individually, locally or globally at the click of a button,’ Sabien says.
----------
Trident Royalties PLC - London-based mining royalty and streaming company - Notes developments from Ganfeng Lithium Co Ltd regarding Sonora Lithium project in Mexico. Says Ganfeng highlighted a larger planned production profile relative to a previous feasbility study published by Bacanora Lithium, with potential stage 2 production up 43% to 50,000 tonnes per year of lithium hydroxide.
----------
Zephyr Energy PLC - Oil & gas exploration and development in US Rocky Mountains - Completes all preparations for State 3602 LNW-CC well in Utah, US. Says it awaits a final federal drill permit and is confident of receipt in ‘near term’. Further, announces cooperation agreement with Kirkwood Oil & Gas LLC. The firms will operation on extension and further development of Cane Creek play in Grand County, Utah, including the drilling of a new well operated by Kirkwood. ‘The agreement allows for the sharing of certain proprietary data in order to assist both companies with the development of their individual acreage positions. In addition, the agreement also allows for the planning and drilling of a 2-mile horizontal well targeting both Zephyr and Wesco held acreage,’ Zephyr says.
----------
Copyright 2022 Alliance News Limited. All Rights Reserved.
