Our operations

introduction

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 three projects in the USA (Cu-Co, Co, and Ni-Co-Cu projects, respectively).

Active Projects

Aramo, Northern Spain

The Asturmet Project - based in the Principality of Asturias, north-west Spain - consists of seven exploration permits which are currently held by Asturmet Recursos S.L., a wholly-owned subsidiary of LRH Resources Limited. One permit has been granted (St. Patrick), but the rest are currently under application. All permits are considered prospective for cobalt-nickel-copper mineralization.

Blackbird, Idaho

Technology Minerals Limited signed a Letter of Intent with DG Resource Management Limited, in March 2021, to acquire 100% interest in the Blackbird Creek Property, which is situated in the Idaho Cobalt Belt - a 40-50km district characterized by copper-cobalt deposits. The primary exploration target on the Property is cobalt, though results from historical drilling and recent surface sampling indicate that the 1,285 ha Property has the potential to host significant cobalt-copper deposits.

Emperium, Idaho

The Emperium Project - held by Technology Minerals through its wholly-owned subsidiary, Emperium 1 Holdings Corp (Emperium) - covers approximately 55km² in east-central Idaho. Technology Minerals are currently in the process of initial regional exploration, chasing cobalt as the primary metal. To date, there has been limited exploration conducted on the property in the form of lithogeochemical (rock) sampling, soil sampling, and satellite image interpretation.

Technology Minerals Cameroon

The Technology Minerals Cameroon (TMC) Property consists of five exploration permits in south-eastern Cameroon - all of which are yet to be granted, and at least three of which are considered prospective for nickel-cobalt rich laterite. Since applying for the permits in February 2021, Technology Minerals Cameroon have performed a reconnaissance exploration on the five permit areas, which entailed geochemical evaluation, soil sampling, and lithogeochemical (rock) sampling.

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. All the licences are currently owned by LRH Resources Limited - a wholly-owned subsidiary of Technology Minerals Plc.

Oacoma, South Dakota

Technology Minerals has acquired a 15% working interest in the Oacoma Project, South Dakota, USA and an option to acquire up to a further 85% working interest on the terms of an exploration agreement that are to be agreed with North American Strategic Minerals Inc. who own mineral leases over 3,083 acres in South Dakota, United States. This property is considered prospective for manganese and rare earth elements, as well as nickel, cobalt, copper.

Recycling

In addition, the Company holds a 49% interest in a battery recycling business, Recyclus Group Ltd. Recyclus sells 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 February 2022: one processing plant for lead-acid, and one for lithium-ion technologies. 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 undertaken 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 own battery metals. These are specifically cobalt, lithium, nickel, and manganese.

Through Emperium, OEL and LRH, the Company owns:

A 100% interest in mineral claims on approximately 13,900 acres in the United States, in an area commonly known as the ‘Idaho Cobalt Belt.’

Not less than a 90% interest in exploration claims (currently under application) on approximately 2,456 sq. km in Cameroon, proximal to the world-class Nkamouna nickel-cobalt laterite deposit.

A 100% interest in fifteen prospecting licenses covering an area of approximately 477 sq. km in Ireland for lithium exploration, and a 100% interest in seven applications for exploration permits - one of which has been granted in northern Spain for nickel and cobalt exploration.

TML has also entered into option agreements to acquire mining claim rights covering an area of 3,175 acres in Idaho, United States.

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