Technology Minerals PLC (LSE:TM1) Chief Operating Officer Lester Kemp speaks to Thomas Warner from Proactive London about progress at the Leinster Lithium project in Ireland, where partner Global Battery Metals (TSX-V:GBML, OTCQB:REZZF) (GBML) has the green light to start a trenching programme.
Focused on the extraction of spodumene, a key lithium source, the project is situated in southwest Ireland on the Leinster Massif. Kemp highlighted the company's significant progress, mentioning their 16 licenses in the area, including the pivotal PL 1597 license. The Leinster project, which has attracted attention since the discovery of lithium-bearing pegmatite in 1976, has undergone extensive exploration.
Technology Minerals, in partnership with TSX-listed Global Battery Metals, has completed nine drill holes, with Global Battery Metals funding the work under an earn-in agreement. This partnership has reached the second stage of a three-stage option, reflecting confidence in the project's potential.
Kemp also discusses the broader strategy of Technology Minerals, emphasising its role as an incubator of promising projects. The company's portfolio extends beyond lithium to include cobalt in Idaho, and nickel, copper, cobalt in Northern Spain, along with new ventures in Cameroon. The interview concluded with Kemp expressing optimism about the future, hinting at further updates soon.
Proactive UK Ltd
+44 20 7989 0813
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Technology Minerals PLC
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