(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.
Tertiary Minerals is a mineral exploration and development company focused on energy transition metals, with projects in the US and Zambia. Shares in the firm were trading 5.0% higher at 0.14 pence each in London on Monday morning.
Sampling was conducted on the C1 target area, with a focus on both the A1 and A2 areas. These targets are traditional copper belt sediment-hosted mineralisation.
According to Tertiary Minerals, analytical results at A1 outlined a "significant" open-ended copper anomaly, with soil samples above 80 parts per million, covering an area of 3 kilometres long by up to 1.5 kilometres wide, peaking at 280 parts per million copper.
Meanwhile, results at A2 showed "very high" copper values, up to 1,239 parts per million of copper in "organic-rich" samples from the perimeter of a marsh. Tertiary Minerals said the copper in this anomaly was likely transported, and could be linked to the source of the A1 copper-in-soil anomaly.
"I am delighted to be announcing the delineation of a second large soil anomaly at Mushima North. This is another compelling drill target. The discovery of outcropping copper mineralisation elsewhere on the project highlights the potential for new discoveries that may not necessarily give a soil response," said Executive Chair Patrick Cheetham.
"The completion of soil sampling at Mushima North means we have now met a key objective to complete soil sampling on all five of the projects where we hold an interest with our local partner, Mwashia Resources. All five projects are now at a stage where drilling priorities can be developed."
By Holly Beveridge, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.
Tertiary Minerals (TYM)