Trident Royalties highlights progress made on several projects in its portfolio
"It is very encouraging to be able to report some significant progress at a number of our royalty companies,” said Trident chief executive Adam Davidson
Trident Royalties PLC (LON:TRR) said significant progress had been made by operators of several projects over which it holds royalties.
It highlighted developments at Thacker Pass, operated by Lithium Americas Corp, where results of a feasibility study targeting an initial 30,000-35,000 tonnes per annum lithium carbonate equivalent of capacity are expected by year end.
At the Lake Rebecca gold project, operator Apollo Consolidated Ltd announced further encouraging exploration, step-out and infill drilling results, providing the possibility for further royalty up-side when the project is put into production.