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Tertiary Minerals PLC - Cheshire, England-based precious metals mining company - Commences first drill programme at Jacks copper project in Zambia, in which Tertiary holds the option to earn up a 90% JV interest in the licence.
Visual observations of core from first drill hole indicate the presence of copper mineralisation. Current phase of drilling will comprise 750 to 1,000 metres.
"We are very pleased to have our first drill programme in Zambia up and running and are encouraged by visible copper mineralisation in the first hole drilled. The portable XRF we have on site is proving very useful. At this early stage, the drilling is focused on demonstrating mineralisation at grades and depths that are practical for open pit operations," said Managing Director Patrick Cullen.
Current stock price: 0.20 pence
12-month change: down 43%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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