Technology Minerals Plc's wholly-owned subsidiary, Techmin Limited, has acquired 100% interest in the Blackbird Creek Property, from DG Resource Management Ltd. The acquisition adds 158 contagious lode claims, covering an area of approximately 1,285 ha (3,175) to the Company's existing land position, located immediately southeast of Jervois Mining Ltd's Idaho Cobalt Operations.
The project is situated in the Idaho Cobalt Belt—a 40-50km district characterized by copper-cobalt deposits. The primary exploration target on the Blackbird Creek Project 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.
A two-phase exploration work programme has been recommended, consisting of geological mapping, sampling of known prospects, and a reinterpretation of a 2017 survey in Phase One; and a heli-supported diamond drilling programme, the refining of proposed drill targets, and further mineralogical sampling in Phase Two.
Current status: Exploration.