What We Do Here At Plethora Exploration

Plethora Exploration is a discovery-focused, multi-commodity mineral exploration company. The company aims to create value by developing pre-discovery, drill-ready projects and realising a new mineral deposit discovery.

The company has a portfolio of 7 drill-ready assets supported by 9 pipeline projects located across Sweden, Norway, Canada, and the USA. The company aims to complete a total of 29,000 metres of drilling in 2023/24, testing our 7 key assets.

Our story

Plethora Exploration Corp.
From Concept Through to Discovery

The projects in the company’s portfolio have been developed and incubated by Plethora Private Equity, who in the past 5 years have spent over US$ 15 million building Plethora Exploration’s project portfolio. All projects have been built from the ground up from new conceptual geological targets and developed through to the drill-ready phase.

The Plethora Exploration team have a strong track record in mineral exploration and are the same group behind Plethora Private Equity and the Plethora Precious Metals Fund. The Plethora Exploration management team have been instrumental in generating and building the project portfolio over the past 5 years.

The company is committed to exploring for minerals in safe and stable jurisdictions with strong human rights records. Sustainable and responsible exploration practices are embedded within the Plethora Exploration team.

We have a particular focus on exploration for minerals that are critical for decarbonisation, electrification, and the green energy transition. Through gaining a social licence to operate in the parts of the world we conduct exploration, we hope to be able to contribute to the ever-growing need for the minerals required for a greener future, whilst at the same time providing opportunities and investment in the regions we work.

Corporate governance

The board’s mandate is to act in the best interests of the company and its stakeholders, while maintaining the highest standards of corporate governance. Their responsibilities will include setting the company’s vision and mission, assessing and managing risks, monitoring performance, ensuring financial accountability and making important decisions such as approving major investments and hiring top executives.

The new board will initially consist of four members, with the majority being independent, and isolated from the day-to-day management of the company, and separated from the major shareholders, to ensure impartial decision-making. Members will have complementary skill sets and will operate under the highest standards of ethics, integrity, legal and statutory compliance.

The company’s guidelines and charter relating to our governance and related practices are set out in our declaration on corporate governance. Our principles and processes are regularly reviewed to ensure that we maintain the highest standards of corporate governance.

Why we explore for minerals

Minerals are non–renewable natural resources that are critical for our every day modern life. They are used throughout the world in industries, such as; construction, technology, and renewable energy.

The requirement for minerals is exponentially increasing with the global transition to a renewable energy grid, de-carbonisation of our industries, and uptake of electric vehicles. Minerals such as nickel, copper, and cobalt are crucial to this transition, without a significant increase in supply, targets to reduce global emissions cannot be met, and the infrastructure and technology used in modern societies can not be produced.

Why can’t recycling meet this demand?

When a mineral is used to produce a product such as a nickel-cobalt battery the metal used in the battery is locked up for the lifespan of the battery. This means it may be years or even decades before a material is available for recycling when the user of the battery is finished with it. The requirement for minerals is far outpacing the speed material becomes available to be recycled, meaning recycling, although an important contributor to our future mineral needs, cannot meet societies demands alone.

Who are we

Executive Management

Daniel James

CEO

Mr James has +20 years mineral exploration experience across Africa, Europe, and North America.exploration and a further 5 years working in finance in the City of London. He was President of Medgold Resources from 2012 to 2019, leading a new gold-silver discovery in Serbia (May 2018) and currently sits as COO to Plethora Private Equity (2019-2023). He holds A BSc (Hons) in Geology (University of Portsmouth, UK)

Sam Walding

President

Mr Walding has 6 years mineral exploration experience across Europe and North America, along with 2 years in the Australian mining sector. He served 8 years in the British Army where he gained extensive operational and strategic planning experience and developed strong leadership and project management skills. He holds the position of CEO at Infinico Metals Corp., a publicly traded Canadian exploration company. He holds a Masters Degree (Hons) in Applied and Environmental Geology (Leicester University, UK)

Technical Advisory Board

Tony Donaghy

Technical Advisor Nickel

Mr Donaghy has +25 years of experience covering all continents and all aspects of the exploration and mining industry. He is an  Internationally recognised nickel expert and holds a BSc (Hons), Associate Diploma of Civil Engineering, P.Geo

Dr. Richard Sillitoe

Technical Advisor Copper, Gold

Dr Sillitoe has +45 years mineral exploration experience, and is world renowned in his field. He has worked on a wide variety of mineral deposits and prospects in 100 countries worldwide.  He has a  particular focus on epithermal gold and porphyry copper environments.