THE SEARCH FOR ‘WHITE GOLD’ IS OPEN SEASON: THE TERRITORIES IN SPAIN WITH THE LARGEST RESERVES

In June last year, lithium was discovered in the Spanish town of Villasrubias, in Salamanca. This discovery, made by an Australian mining company, marked the appearance of another point where lithium could be obtained in the peninsula.

This resource, known in many places as ‘white gold’, stands out for its great value due to its use in all types of electrical appliances.

Now, a year later, the media Salamanca Hoy has reported that the Consejería de Economía y Hacienda de Castilla y León has granted three permits to the company Technology Metals Europe to investigate the potential exploitation of lithium mines. These permits would also allow the search for other high value minerals such as tantalite, tin, nibonium, beryllium, wolfram and feldspar.

That said, the investigations will take place in three strategically chosen locations in the province of Salamanca. The first zone includes the municipalities of Aldeadávila de la Ribera, Masueco, Pereña de la Ribera, Cabeza del Caballo, La Peña, Villarino de los Aires and La Vídola, covering a total of 228 mining squares.

The second zone includes Navasfrías, Casillas de Flores and El Payo, with an authorization for 82 mining squares for three years.

The third zone includes Lumbrales, Hinojosa de Duero, Bermellar, Saucelle and Vilvestre, covering 131 mining squares and with a similar three-year permit.

Technology Metals Europe will have 6 months to commence work and must submit and obtain approval for its drilling project prior to commencing any exploration activities.