Tertiary Minerals plc has signed a “detailed, largely non-binding” term sheet for an earn-in and joint venture deal with a “well resourced” third party for the Konkola West copper project in Zambia. APPROVALS The project comprises exploration licence 27067-HQ-LEL, which covers 71.9km2 and lies 18km northwest of Chingola in the Central African copper belt. Tertiary […]
Tag: Tertiary Minerals plc
‘Substantial’ copper-in-soil anomaly defined at Mukai
Tertiary Minerals plc has defined a substantial copper-in-soil anomaly from soil samples at the Mukai copper earn-in project in northwest Zambia. HIGH GRADE Analysis using a portable XRF instrument in the field of 526 soil samples showed the “large high-grade” anomaly with values in excess of a 160ppm copper across 1,300m by 400m. Peak soil […]
Tertiary defers diverting resources to Storuman
Tertiary Minerals plc has no immediate plans to divert significant resources from its base and precious metals projects to its wholly owned Storuman fluorspar deposit in Sweden. REINDEERS The decision follows the country’s government yesterday annulment of the Mining Inspectorate’s 2019 decision to refuse the company’s application for a mining concession. “This is a welcome […]
Tertiary wins appeal against refusal for Storuman
Tertiary Minerals plc has won its appeal against the refusal for an exploitation concession for its 100% owned Storuman fluorspar project. EXAMINE The company today said that the Swedish Government had annulled the country’s Mining Inspectorate decision not to grant the 2019 mining concession. The Government has also instructed the inspectorate to re-examine its decision […]
Tertiary begins soil sampling at Zambia copper licences
Tertiary Minerals plc has started soil sampling at its Zambia copper licences after recently receiving forest permits. PROGRAMME At Konkola West, the company will collect 260 soil samples in the north and northwest of the licence where the main host to copper mineralisation “may be shallower and less steeply dipping” than on the eastern side […]
Tertiary receives Mukai-Mushima North permits
Tertiary Minerals plc has received its delayed permits for soil sampling in the forest areas within Mukai and Mushima North copper licences in Zambia. TARGETS Target C1 in Mushima North showed a “wide, low-grade” intersection of copper mineralisation from recent resampling of core from drill hole RKN800, and sits on the margin of a gravity […]