Tertiary Minerals plc reported operating losses of £604,213 from its copper portfolio in Nevada and Zambia. FINANCES The company’s unaudited results for the six-month period ended 31 March 2022 showed an impairment of £361,379 relating to the Pyramid gold-silver project in Nevada. This followed reverse circulation drilling at the project failing to demonstrate mineralisation at […]
Tag: Tertiary Minerals plc
Tertiary fails to find significant results at North Ruth
Tertiary Minerals plc said that drill results had to date failed to show significant mineralisation at depth at the North Ruth target in the Pyramid silver-gold project in Nevada, USA. PROGRAMME The company conducted soil and rock chip sampling and trenching throughout 2021 which established “wide intervals of significant silver and associated gold mineralisation” at […]
Tertiary to start drilling at Pyramid
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 […]
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 […]