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).
Emperium Property, Idaho
This property consists of 694 claims, covering a total area of 55km², and is currently held by Emperium 1 Holdings Corp - a wholly-owned subsidiary of Technology Minerals. The claims are in north central Idaho (USA), near the town of Salmon, and fall in an area known as the Idaho Cobalt Belt (ICB), due to the presence of historic copper (Cu), cobalt (Co) and gold (Au) mines. The major historic mine in the area is the Blackbird mine, which was mined for 22-years (1938 to 1960) for a total tonnage of 1.74 Mt, at an average grade of 1.65% Cu, 0.63% Co and 0.8 g/t gold (Au). The Ram zone, 1km to the north of the former Blackbird mine site, has a current resource (measured and indicated) of 5.77 Mt @0.69% Cu, 0.44% Co and 0.53 g/t Au (Jervois Mining Limited, Feasibility Study, 2020).
The Emperium property represents the largest ground holding in the ICB, and is underlain by Proterozoic age metasediments of the Apple Creek Formation which contains all significant copper-cobalt deposits and occurrences within the 55km long ICB. No mining has previously taken place on the Emperium property, although two occurrences (Dummy Creek prospect and the Fawn prospect) are present.
Mineralization in the ICB occurs as three distinct styles:
• Type 1: Co-Cu-As (±Au) present as stratabound sulphides - e.g., Blackbird.
• Type 2: Co-rich, As-poor stratabound sulphides - e.g., Iron Creek (2.37 Mt @ 0.32% Co and 0.61% Cu, First Cobalt, January 2020).
• Type 3: Co-bearing tourmaline breccias (<0.1% Co). All styles of mineralization are being investigated on the property.
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