Tertiary Minerals plc said it expected to start drilling during March at its Pyramid silver-gold project in Nevada, USA. PROGRAMME The company has awarded the drill contract to Envirotech Drilling LLC to conduct reverse circulation (RC) drilling. Construction of the drill pad and site access is complete. Surface mineralisation extends over a strike extent of […]
Tag: Tertiary Minerals plc
Tertiary Minerals raises £100,000 via broker option
Tertiary Minerals plc has raised £100,000 from a broker option for qualified shareholders or other qualified investors. The broker option was at 0.17 pence per share through the issue of 58,823,529 new ordinary shares of 0.01 pence each, together with associated warrants. This brings the total amount raised this week under the placing and broker […]
Tertiary Minerals raises £500,000 through placing
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 […]
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. […]