Our operations
Technology Minerals Plc is a London-based mining exploration company, with a portfolio of battery metal projects focused on cobalt, lithium, copper, nickel, and manganese.
The Company’s Project Incubator strategy is to take early-stage projects and bring them up the value curve through prudent employment of capital. Technology Minerals is therefore working to provide a diverse portfolio of projects for transaction, focusing on the exploration of mineral resource projects in Ireland (Lithium), Spain(Copper-Nickel-Cobalt), Cameroon (Nickel-Copper-Cobalt), and three projects in the USA (Cobalt-Copper and Manganese-Rare Earth Elements).
Active Projects
Aramo, Northern Spain
The Asturmet Project, based in the Principality of Asturias, north-west Spain consists of eight exploration permits or P.I. (Permisodel Investigación):St. Patrick (P.I. 30858), St. Andrew (P.I. 30869), St. David (P.I. 30870), Astur A (P.I. 30864), Astur B (P.I. 30865), Astur C (P.I. 30866) and Astur D (P.I. 30868) along with a new licence application AsturF (P.I. 30880). The licences cover a total area of approximately 535km2 representing a land position covering almost 5% of the Asturias region.
Current status: Ongoing exploration with a possible drill campaign scheduled for H2 2023 at the Aramo Mine.
Blackbird, Idaho
Technology Minerals Plc's wholly-owned subsidiary, Techmin Limited, holds a 90% interest in the Blackbird Creek Property that consists of 158 contagious lode claims, covering an area of approximately 1,285ha (3,175).
The project is contiguous to theCompany’s Emperium Project and is located immediately southeast of Jervo is Mining Ltd's Idaho Cobalt Operations.
The project is situated in the IdahoCobalt Belt—a 40-50km district characterized by cobalt-copper deposits.
The primary exploration target on theBlackbird Creek Project is cobalt similar to that being developed by neighbouring Jervois Mining.
Current status: Exploration.
Emperium, Idaho
The Emperium Project is 90% owned by Technology Minerals through its wholly-owned subsidiary, Emperium 1 Holdings Corp (Emperium) and covers approximately 55km² in east-central Idaho, making it one of the largest land positions in the Idaho Cobalt Belt.
The exploration target is a cobalt-copper deposit similar to that held by neighbouring Jervois Mining.
To date, there has been limited exploration conducted on the property in the form of lithogeo chemical (rock) sampling, and satellite image interpretation.
Current status: Soil and outcrop sampling, and mapping license area.
Technology Minerals Cameroon
The Technology Minerals Cameroon (TMC)Property consists of five exploration permits in south-eastern Cameroon - at least three of which are considered prospective for nickel-cobalt rich laterite.
Current status: Explorers33 Consulting Group (a local Cameroon geological consulting firm) have been engaged to place beacons in the field on the boundary corners of our licences(as per the Mining Law of Cameroon), and at the same time engage with the local communities that fall within the licence areas. In addition, preliminary field samples will be collected for analysis which the field team are placing the beacons.
Leinster, Ireland
The Leinster Property, located in the counties of Wicklow and Dublin, in the Republic of Ireland, is a lithium pegmatite project that consists of fifteen prospecting licence areas, covering approximately 477km² immediately SW of Dublin.
All the licences are owned (82.5%) by LRHResources Limited, a wholly-owned subsidiary of Technology Minerals Plc, along with Canadian-listed Global Battery Metals who are earning into the Project(currently holding 17.5%).
Lithium mineralization has been confirmed in the Project, with spodumene bearing samples from various prospects identified within the project area:- Sorrel (1.66% Li2O equivalent); Tonygarrow(1.0% Li2O); Aghavannagh (1.78% Li2O).
In March 2022 a new prospecting licence PLA 1597 was awarded which was included in the Global Battery Metals earn-in agreement. Exploration work has identified numerous rock samples (float) grading up to 3.75% Li2O.
More recently 7 new prospecting licences were granted around PLA 1597 (which are not part of the Global Battery Metals earn-in agreement). Current exploration by our Company has identified numerous spodumene-bearing ‘float’ areas which are being investigated further.
Current status: On going field sampling including a proposed drill program at PLA 1597 in Q2 / Q3 this year (2023).
Oacoma, South Dakota
Technology Minerals Ltd("TML") currently retains a 15% in the Oacoma Manganese-REE Project through a now expired earn-in agreement with NorthAmerican Strategic Minerals Inc (the owners of the Project).
The property is considered to be prospective for manganese and rare earth elements.
Current status: In2022 the Company decided to walk away from the Project in 2022 retaining a 15%interest. No other activity has since taken place.
Battery Recycling
In addition, the Company holds a 49% interest in the UK's first industrial-scale battery recycling business, Recyclus Group Ltd. Recyclus has developed the technology to recycle and re-process the 5+ lithium-ion battery chemistries in any combination, at any one time, in addition to lead-acid battery recycling. Recyclus will then sell salvaged materials to third-party chemical processors who are fully able to recycle battery 'black mass' (residual but useable metals and chemicals) into commercially viable feed stock.
Recyclus' first two recycling plants are being commissioned in the first half of this calendar year: one processing plant for lead-acid, and one for lithium-ion technologies, respectively. These will be strategically located (close-to-market) on sites in the UK for the purpose of collecting used stock and converting it to black mass. Recyclus own the IP for each of these processes.
Recyclus' proprietary new technology allows the collection, processing and recycling to be fully undertaken in-house, at the Recyclus plant, enabling Recyclus to gain advantages in processing times and costs over its competitors.
The automotive sector’s attention is firmly set on electrification. A society that wishes to leave the internal combustion engine (ICE) in the past and fully embrace electric vehicles (EV), is seeing an enormous increase in demand for battery metals - metals which, ultimately, are scarce.
The recycling of battery metals is therefore a necessary component of a viable electric future for vehicles and, with its leading technology, Recyclus will become an important player in the battery metals ecosystem.
Exploration
Through Emperium 1 Holdings Corp (Emperium), Onshore Energy Limited (OEL), LRH Resources Limited (LRH), and Techmin Limited (TML), we are actively identifying, exploring for, and effectively aiming to develop our portfolio of battery metals projects. These are specifically cobalt, lithium, nickel, and manganese.
Through Emperium, OEL and LRH, the Company owns:
A 90% interest in mineral claims on approximately 17,075 acres in the United States, in an area commonly known as the ‘Idaho Cobalt Belt.’
A 100% interest in exploration claims on approximately 2,456 sq. km in Cameroon, proximal (35km north) to the world-class Nkamouna nickel-cobalt laterite deposit.
A 82.5% interest in fifteen prospecting licenses covering an area of approximately 477 sq. km inIreland for lithium exploration.
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A 100% interest in seven applications for exploration permits, one of which (St. Patrick) has been granted in theAsturias region of northern Spain for nickel and cobalt exploration.
A residual 15% interest in a manganese and rare earths project in South Dakota.
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