Technology Minerals Plc is a London-based mineral exploration company focused on the exploration of mineral resource projects in Ireland (Li project), Spain (Cu-Co-Ni project), Cameroon (Ni-Co project), and two in the USA (Cu-Co and Co projects, respectively).
Asturmet Property, Spain
The Asturmet Property consists of seven exploration permits, covering an area of approximately 461km² in the Principality of Asturias, northern Spain. Only one permit (St. Patrick) - a 61.5km² area - has been granted, with the remaining permits currently under application. The permits are held by Asturmet Recursos S.L., a wholly-owned subsidiary of LRH Resources Limited.
The property is underlain by a sequence of Lower to Upper Carboniferous rocks that were deformed during the Variscan orogeny. Veins and breccia pipes of copper-cobalt-nickel (Cu-Co-Ni) mineralization, likely of Permian age, occur within the Aramo Unit (or Mountain Limestone) at the historic Aramo mine, where records estimate that approximately 200,000 tonnes of ore were recovered that contained variable grades of copper(1-20%), nickel (1-3%), and cobalt (1-3%). The variation in grade is due to secondary enrichment (weathering) of the primary sulphide mineralization. The organic-rich limestones of the Barceliente and Valdeteja formations, which comprise the Mountain Limestone, are present on all the permits, and are the primary target for additional Cu-Ni-Co mineralization.
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