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Pin to quick picksTertiary Minerals Share News (TYM)

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Tertiary reports soil sampling results from Paymaster Project

Tue, 16th Feb 2021 10:50

(Sharecast News) - Tertiary Minerals has received results from soil sampling and a detailed magnetic survey at its Paymaster Polymetallic Project in Nevada, it announced on Tuesday.
The AIM-traded firm said infill soil sampling was completed over the East Slope Prospect, with zinc-silver soil anomalies defined over 450 metres, open to the east.

Maximum values of 34.9 parts per million of silver, or 1.02 ounces per ton, and 5.65% zinc in a single sample were reported in soil samples, close to a high-grade outcropping mineralisation.

Magnetic vector inversion modelling defined magnetic bodies associated with East Slope and Valley Prospects, and additional targets for exploration.

Field mapping and trenching was proposed for the spring and summer of 2021.

"I am pleased to be reporting further progress at Paymaster with existing targets being better defined, and new targets generated," said executive chairman Patrick Cheetham.

"We hope to be able to advance the project to the drill stage in the next few months alongside a number of our other projects in Nevada where the results of our autumn exploration programmes are expected soon."

At 1224 GMT, shares in Tertiary Minerals were down 7.29% at 0.5p.
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26 Feb 2024 14:08

Tertiary Minerals forms Zambian joint venture

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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

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Friday 9 February 
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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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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 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

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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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(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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1 Nov 2023 11:31

Tertiary Minerals shares drop on discounted fundraise of GBP150,000

(Alliance News) - Tertiary Minerals PLC on Wednesday saw its share price fall, after completing a fundraise at a discount to the previous day's closing bid price.

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16 Oct 2023 10:50

Tertiary Minerals delineates second large anomaly at Mushima North

(Alliance News) - Tertiary Minerals PLC on Monday celebrated further positive results from soil sampling at one of its target areas on the Mushima North copper project in Zambia.

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