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Pin to quick picksTertiary Minerals Share News (TYM)

Share Price Information for Tertiary Minerals (TYM)

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Share Price: 0.1025
Bid: 0.095
Ask: 0.11
Change: 0.0025 (2.56%)
Spread: 0.015 (15.789%)
Open: 0.0975
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Tertiary Minerals invests in promising Pyramid Mining District of Nevada

Tue, 28th May 2019 15:56

(Sharecast News) - Tertiary Minerals has secured exploration rights and an option to purchase a group of claims in the Pyramid Mining District of Nevada, it announced on Tuesday.The AIM-traded firm said the project was located 25 miles north west of the city of Reno, and was "easily accessible" by sealed highway.It said a 20-year lease had been secured over group of nine patented claims, with option to purchase subject to underlying royalties.An additional 25 mining claims had been staked to cover additional targets along the strike.The acquisition was located in the "productive" Walker Lane porphyry copper and epithermal gold belt, with limited historical exploration between 1989 and 1990 having defined a priority epithermal vein drill target.Drill hole PYR 9 had intersected visible gold, and assayed 1.52m grading at 17.8 grams per tonne of gold from 94.5m down hole.That hole ended in 1.52m grading at 2.6 grams per tonne of gold at 115.8m depth, and was the only drill hole to effectively test a cohesive 750m long open-ended gold-mercury-arsenic soil geochemical anomaly.Tertiary said the claims contained a number of untested epithermal veins and stockwork target zones, with 43 widespread surface samples assayed up to 7.27 grams per tonne of gold, and averaged 1.3 grams per tonne of gold.The board noted that the state of Nevada was the fifth largest gold producer in world, with 5.6 million ounces of gold produced in 2017, and 169.1 million ounces gold produced between 1835 and 2018.It was ranked the number one most desirable mining jurisdiction in the world by The Fraser Institute."We are delighted to have acquired an interest in the Pyramid Project," said Tertiary Minerals managing director Richard Clemmey."Projects with high-grade gold results in drilling that have not already been followed up are hard to find in Nevada."This acquisition follows the staking of the Paymaster Project earlier this year and is in line with our strategy to build a new project portfolio which will enable the company to reduce its future geographical, technical, permitting and commodity risk exposure and provide long-term shareholder value."
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16 Apr 2024 21:57

EARNINGS AND TRADING: J Smart boosts revenue, Tertiary starts drilling

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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9 Apr 2024 13:06

Tertiary Minerals up as Konkola deal in Zambia gets approval

(Alliance News) - Shares in Tertiary Minerals PLC rose on Tuesday, as the company's joint venture partner prepares for drilling at its Zambian copper project following the receipt of a regulatory approval.

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26 Feb 2024 14:08

Tertiary Minerals forms Zambian joint venture

(Sharecast News) - Tertiary Minerals announced the signing of a new joint venture agreement with local partner Mwashia Resources on Monday.

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26 Feb 2024 12:29

Tertiary Minerals inks new joint venture deal for Zambian licences

(Alliance News) - Tertiary Minerals PLC on Monday said it has signed a new joint venture deal with Zambia-based Mwashia Resources Ltd that will consolidate ownership of the Jacks, Mukai and Mushima North exploration licences into a new Zambian company.

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12 Feb 2024 14:28

Tertiary Minerals completes £0.38m fundraising

(Sharecast News) - Tertiary Minerals announced the successful completion of a fundraising on Monday, raising £0.38m before expenses to be used for its exploration activities.

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12 Feb 2024 09:54

Tertiary Minerals raises GBP375,000 through share placing

(Alliance News) - Tertiary Minerals PLC on Monday said that it has raised GBP375,000 through a placing in order to fund exploration activities at its various global projects.

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7 Feb 2024 15:46

UK shareholder meetings calendar - next 7 days

Thursday 8 February 
Benchmark Holdings PLCAGM
Compass Group PLCAGM
easyJet PLCAGM
Hargreave Hale AIM VCT PLCAGM
Polar Capital Global Healthcare Trust PLCAGM
Friday 9 February 
Kibo Energy PLCEGM re pre-emption rights for share issues
Victrex PLCAGM
Monday 12 February 
Arix Bioscience PLCGM re takeover by RTW Biotech Opportunities Ltd
JPMorgan UK Smaller Companies Investment Trust PLCGM re merger with JPMorgan UK Smaller Companies
Mears Group PLCGM re authority to buy back up to 10% of shares
Tuesday 13 February 
Cellular Goods PLCAGM
Iconic Labs PLCAGM
JPMorgan Indian Investment Trust PLCAGM
Tui AGAGM including London Stock Exchange delisting vote
Xtract Resources PLCGM re sale of Manica gold project to MMP
Wednesday 14 February 
GCP Infrastructure Investments LtdAGM
Gfinity PLCGM re annual report
Tertiary Minerals PLCAGM
Tritax EuroBox PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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6 Feb 2024 19:15

TRADING UPDATES: Smartspace extends deadline; EDX launches fundraising

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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15 Jan 2024 11:41

IN BRIEF: Tertiary Minerals loss narrows as revenue climbs

Tertiary Minerals PLC - mineral exploration and development company focused on energy transition metals with projects in the US and Zambia - Pretax loss narrows to GBP541,341 in the financial year ended September 30, from GBP1.2 million a year prior. Revenue climbs 6.1% to GBP181,429 from GBP171,052. Further, costs regarding the impairment of deferred exploration expenditure narrows to GBP111,691 from GBP699,484. "Looking forward to 2024, we have drilling planned for Jacks, Mushima North and Mukai in Zambia although, given the interest we have had from other companies," Tertiary Minerals says. It adds: "That we were able to carry out significant field programmes in 2023 in extremely difficult market conditions is due in no small part to our dedicated teams in Zambia and the UK and our low-cost base."

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19 Dec 2023 17:01

LONDON MARKET CLOSE: Stocks close higher ahead of UK inflation data

(Alliance News) - Stock prices in Europe closed higher on Tuesday, after data confirmed that the eurozone is inching closer towards its 2% inflation targets.

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19 Dec 2023 11:36

Tertiary Minerals shares soar on Konkola West project earn-in deal

(Alliance News) - Tertiary Minerals PLC on Tuesday said it has signed an earn-in agreement with KoBold Metals Co and Mwashia Resources Ltd, regarding its copper project in Zambia.

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19 Dec 2023 10:12

AIM WINNERS & LOSERS: Tertiary Minerals signs earn-in for Konkola West

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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30 Nov 2023 13:58

Tertiary reports progress on bringing another party to Konkola West

(Sharecast News) - Tertiary Minerals updated the market on its Konkola West Copper Project in Zambia on Thursday.

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30 Nov 2023 11:58

IN BRIEF: Tertiary Minerals shares up on term sheet progress

Tertiary Minerals PLC - Mineral exploration and development company - Gives update on signing of term sheet to allow a third party to earn into the Konkola West project in Zambia. Says the third party has now finished due diligence investigations, and the relevant parties are now reviewing draft agreements, with a view to finalising as soon as possible. Adds that all parties have re-affirmed their commitment to completing the transaction.

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6 Nov 2023 14:26

TRADING UPDATES: Anglo-Eastern output down year-to-date, Bushveld's up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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