Technology Minerals issues update on exploration campaign at Leinster Project in Ireland

Following the previously reported identification of a lithium bearing spodumene pegmatite surface boulder train on PLA 1597, key updates include:

• A detailed deep overburden (base of till) programme was recently completed for a total of 373 samples covering an area of 600 m x 450 m over the location of an extensive spodumene pegmatite float boulder train and an associated historically reported trenched bedrock occurrence.
• The interpreted geochemical results indicate the potential discovery of up to six LCT (lithium-cesium-tantalum) pegmatite dikes across the Knockeen target area.
• Follow-up drill programme plans are being finalised, currently calling for up to nine drill pads (with two holes planned per pad).
• ALS Laboratories (Loughrea, Ireland) analysis included comprehensive testing for a specific suite of elements which includes lithium as well as multiple rare earth elements of which cesium and tantalum are typically associated with this type of LCT Pegmatite target.
• Drilling permit submissions are being finalised, and will be submitted to the governmental regulatory body as part of the due process for standard screening procedures for drilling programmes in Ireland and Europe.
• A local area drill contractor’s availability has been secured, and will be mobilised as soon as the permitting is completed.

The PLA 1597 licence, which was awarded to Technology Minerals' wholly owned subsidiary LRH Resources Limited ("LRH") on 22 March 2022, forms part of the Company's Leinster Property exploration block, which is operated under an exclusive Option and Earn-in agreement with Global Battery Metals Ltd ("GBML"), (TSXV: GBML; OTCQB: REZZF; Frankfurt: REZ) with no project expenditure required by the Company.

Alex Stanbury, CEO of Technology Minerals, said: “Our confidence in the Leinster Project is further evidenced by the latest encouraging research and testing results. With multiple new drilling targets identified, permit submissions are now being finalised to obtain clearance for the new drilling programme and we look forward updating shareholders of our progress.”

Michael Murphy, CEO of GBML said: “These results are both exciting and informative. The deep overburden samples have helped us to zero in on a distinct set of drill targets, and the company has ambitious plans for Spring drilling. The potential to drill up to six interpreted dikes along a lithium anomaly trend line across this claim has the team highly motivated about the entire property. We are told the drill permitting process in these areas of Ireland is relatively straightforward and our paperwork is being prepped with the intent to submit in a matter of days. Based on all of our research and testing, the potential to uncover further significant lithium occurrences along the recognised regional scale south-east Leinster LCT pegmatite corridor is a real possibility. Needless to say, we will be moving quickly to verify what we believe we are into.”

Exploration to date has included surface lithogeochemical sampling with an associated detailed deep overburden sampling grid – both yielding excellent results and when combined potentially confirming the presence of multiple LCT pegmatite dikes below surface at the Knockeen target on PLA 1597. The pegmatite dike targets are intrusive bodies that typically form swarms of several separate dikes which range in thickness and cross cut the granitic and metasedimentary host rocks. The dikes are typically composed of Spodumene (lithium aluminium silicate in the pyroxene family) as well as accessory minerals including quartz, feldspars and micas. While the lithium content of the samples collected to date are at very significant grades, the supporting trace element geochemistry of the other elements including the Rare Earth Elements (REE’s) that occur naturally at very low levels are very important and significant indicators providing corroborative evidence for the presence of the dikes.

Read the article online at: https://www.globalminingreview.com/mining/22032023/technology-minerals-issues-update-on-exploration-campaign-at-leinster-project-in-ireland/