Tertiary Minerals plc has signed a definitive earn-in with KoBold Metals for the Konkola West copper project in Zambia. JOINT VENTURE The agreement over exploration licence 27067-HQ-LEL is between the company’s 96% owned subsidiary Tertiary Minerals (Zambia) Ltd (TMZ), a subsidiary of KoBold and TMZ’s local partner Mwashia Resources Ltd. Private US-based mineral explorer KoBold […]
Tag: Tertiary Minerals plc
‘Intriguing’ Mushima North shows positive soil sample results
Tertiary Minerals plc reported positive follow-up results from portable XRF analysis of soil samples at the C1 target at the Mushima North copper project, Zambia. OPEN-ENDED ANOMALY The project, covering 701.3km2, lies 100km east of Manyinga in North-Western Province. C1 target, one of three so far identified, may hold iron-oxide-copper-gold (IOCG) style and traditional copper […]
Tertiary signs non-binding earn-in for Konkola West
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 […]
‘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 […]