9th Aug 2022 14:32
Technology Minerals PLC - London-based company focused on creating a circular economy for battery metals - Says the St Patrick licence in Asturias, Spain, on which the Aramo mine project is located, has been extended for three years. Says a total of 104 rock samples and 43 soil samples were collected during the most recent field programme, which have been submitted for analysis. Technology Minerals says it has planned a more expansive exploration campaign at the licence in the coming months, including geological mapping and sampling, and remote sensing analysis detailed geochemical alteration.
Chief Executive Officer Alex Stanbury says: "I would like to thank the Ministry of Industry, Employment and Economic Promotion of the Government of Asturias for granting us with the three-year extension for the St Patrick licence. Exploration at St Patrick is progressing well, and we look forward to receiving the analysis of the samples collected during the recent field campaign after initial results at the historic Aramo mine within the St Patrick licence confirmed high grade Copper-Cobalt-Nickel mineralisation."
Says it has submitted a new licence application covering two historical copper mines.
Current stock price: 2.22 pence, up 5.6% on Monday in London
12-month change: down 32%
By Xindi Wei; [email protected]
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