TYM RNS, 21.5.24:"Co estimates drilling will continue to MID-June 2024 with ASSAY RESULTS to follow after that."25 May 2024 16:23
TYM-Kobold Konkola West:
[1] 1st RNS, 24 Apr 2024 - Drill was at "150m." https://twitter.com/Tertiaryplc/status/1783060020969525716
[2] 2nd RNS, 21 May 2024-Drill was at "1,023m" https://twitter.com/Tertiaryplc/status/1792842569660920232
TYM RNS 21 May 2024 stated: "The TARGET of this drillhole is the ORE -SHALE which hosts the COPPER mineralisation ==AT== the Kokola LUBAMBE copper mines =======AND ====MINGOMBA deposit."
My comment: Lubambe is next door to Mingomba and was owned by EMR of Australia etc. Mingomba was renamed by Kobold after they took over but originally it was called LUBAMBE EXTENSION because it was the DEEP part of Lubambe., the SHALLOW part. IF, one were to look at the RNS above, one will note that the OPERATIVE WORD is " A N D ".
Therefore, the DEEPER target at TYM-Kobold Konkola West drill was CONTINUING at 1,023m not having YET reached the deeper type ore shale akin to Mingomba [Kobold].
-----------------"ASSAYS [plural] to FOLLOW after that."-----------
[1] If one were to look more carefully, NO co can give FORWARD GUIDANCE to the deeper part post 1,023m IF they have NOT yet hit the ore shale as per the RNS. So, what do these ASSAYS related to [plural]? MY HYPOTHESIS: I can only logically conclude that SINCE ore shale of Konkola Lubambe copper mine AS ABOVE was ALSO TARGETED as above, the assays relate to the upper formation known as LOWER ROAN.
PROOF? x 2
[1] TYM was asked on Twitter about the Lower Roan [shallow part of formation BELOW 1,000m roughly] and the deeper part. TYM [posted on this forum] reply said Lower Roan hosts --historically-- the COPPER mineralisation & that the deeper part was targeted by the drill. [2]*********I HAVE TODAY LOCATED A TYM INVESTOR PRESENTATION DATED SEP 2022 and this is what is stated for TYM Konkola West: "Pg 23/24: Key FAULT structures[eg Luansobe & Cross Axis etc] may CROSS into Konkola West. Fault structures are associated with COPPER MINERALISATION.===POTENTIAL FOR UPLIFT OF PROSPECTIVE LOWER ROAN ROCKS." https://www.tertiaryminerals.com/filemanager/presentations/2022/202209_TYM_Investor_Presentation_Web.pdf
Conclusion: In simple lingo, TYM in Sep 2022 already postulated a geological theory that it is POSSIBLE that TYM Konkola West must have prospective COPPER MINERALISATION AT THE LOWER ROAN ie ABOVE 1,000m. This was BEFORE the Kobold JV. So, one may have to wonder IF the JV could have HIT COPPER at the KONKOLA WEST LOWER ROAN formation above 1,000m otherwise, why ASSAYS [plural]. Seis Nav has done the overlay re: post below and the depth of 1,350m is consistent with the 1,200m cited by Kobold themselves. However, not sure if they will go further to 1,800-2000m as a step out ? Usually, they dont step out in the 1st drill. So, what depth to look out for? From various other deposits in the Lower Roan from recall like Mulfulira , it would be at the 133m , 270-280+m, 730m level? However, like all drills, one has to await official rns of