Tertiary Minerals plc raised £500,000 before expenses through placing 294,117,647 new ordinary shares of 0.01 pence each at a price of 0.17 pence. PDMRs Directors of the company participated in an aggregate of £40,000 for 23,529,411 placing shares in support of the fundraising Proceeds will be used to fund drilling and exploration activities at the […]
Tag: Tertiary Minerals plc
Tertiary notes further high grade Pyramid sample results
Tertiary Minerals plc announced that results from recent surface sampling and mapping continued to return high grades at its Pyramid silver-gold project in Nevada, USA. RESULTS The company collected most of the new samples over a wide area along the recently established zone of silver mineralisation at North Ruth which has a strike length of […]
Tertiary to exercise Zambia copper option
Tertiary Minerals plc announced it will exercise its option to acquire up to a 90% joint venture interest in the four additional large copper exploration licences in Zambia. EXPLORATION The company’s 96% owned local subsidiary, Luangwa Minerals Ltd will enter into agreements to acquire the licences held by Mwashia Resources Ltd. These include 27065-HQ-LEL (Lubuila), […]
Tertiary results extend silver mineralisation at Pyramid
Tertiary Minerals plc said that analytical results from the Phase 2 trenching has extended the strike and width of silver mineralisation at North Ruth at the Pyramid silver-gold project in Nevada, USA. GRADES The company added that silver and gold mineralisation has now been shown to extend over a strike extent of at least 530m. […]
Tertiary optimistic over Brunton Pass copper results
Tertiary Minerals plc announced further results of copper and gold in rock samples taken at its 100% Brunton Pass copper project in Nevada, USA. FINDINGS Tertiary has staked 24 mining claims with copper mineralisation across a 1km x 0.6km target area. Rock samples taken from the northern half of the claim block contain up to […]
Tertiary signs option for JV copper licences in Zambia
Tertiary Minerals plc has entered into an option agreement to acquire up to a 90% joint venture (JV) interest in five copper exploration licences covering 1,500 km2 in Zambia. PROSPECT The company’s 96% recently incorporated subsidiary Luangwa Minerals Ltd, secured the agreement with Mwashia Resources Ltd. The deal covers exploration licence 27069-HQ-LEL (Jack’s licence) and […]