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Pin to quick picksTertiary Minerals Regulatory News (TYM)

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EPB Approved Mushima North Copper Project, Zambia

16 Jan 2023 07:00

RNS Number : 7404M
Tertiary Minerals PLC
16 January 2023
 

 

16 January 2023

 

Tertiary Minerals plc ("Tertiary" or "the Company")

 

EPB Approved for Mushima North Copper Project, Zambia

Tertiary Minerals plc is pleased to announce that its local partner and licence holder Mwashia Resources Ltd ("Mwashia") has now received approval of the Environmental Project Brief ("EPB") from the Zambian Environmental Management Agency ("ZEMA") for its Mushima North Copper Projects where the Company is earning up to a 90% interest.

The Mushima North Project, together with the Mukai Project in Zambia benefits from a data sharing and technical agreement with global copper producer First Quantum Minerals Ltd ("FQM"), details for which were announced on 15 September 2022.

Key Points:

· ZEMA has now approved the EPB for the Mushima North Project.

 

· This follows approval of EPBs for Konkola West & Lubuila Projects announced on 24 November 2022.

 

· The approval process for the EPB for the Mukai Copper Project, our final outstanding EPB, is at an advanced stage.

 

· EPB approval is a key approval required before field exploration programmes can proceed.

 

Commenting today, Executive Chairman Patrick Cheetham said:

"I am delighted to report that we have received EPB approval for the Mushima North Copper Project where we are currently working through the shared FQM data in preparation for the coming field exploration season.

On a recent visit to Zambia in December our Exploration Manager recovered sulphide mineralised drill core from a drill hole completed in the 1960's at Mushima North which reportedly tested an extensive copper-in-soil anomaly and intersected wide zones of low-grade copper mineralisation. We will be assaying this core shortly to validate this early target. I look forward to reporting back to shareholders as soon as we have the results."

 

For more information please contact:

Tertiary Minerals plc:

Patrick Cheetham, Executive Chairman

+44 (0) 1625 838 679

SP Angel Corporate Finance LLP

Nominated Adviser and Broker

Richard Morrison

+44 (0) 203 470 0470

Harry Davies-Ball

Peterhouse Capital Limited

Joint Broker

Lucy Williams

+ 44 (0) 207 469 0930

Duncan Vasey

 

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via a Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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Date   Source Headline
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29th Feb 20247:00 amRNSTotal Voting Rights
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30th Nov 20237:00 amRNSKonkola West Copper Project, Zambia
6th Nov 20237:00 amRNSProject Update, Zambia
1st Nov 20237:00 amRNSPlacing to raise £150,000
16th Oct 20237:00 amRNSNew Soil Sampling Results - Mushima North, Zambia
5th Oct 20237:00 amRNSFirst Soil Sampling Results - Mushima North
25th Sep 20237:00 amRNSTerm Sheet for Agreement - Konkola West, Zambia
12th Sep 202310:04 amRNSProvisional Soil Sampling Results - Mukai Project
7th Sep 20237:00 amRNSGovernment Decision - Storuman Project, Sweden
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24th Aug 20237:00 amRNSUpdated Company Presentation
10th Aug 20237:00 amRNSExploration Update – Zambia
3rd Aug 20233:09 pmRNSUK Government Press Release Supports Zambia Growth
31st Jul 20237:00 amRNSForest Permits Received - Mukai & Mushima North
13th Jun 20237:00 amRNSNew Exploration Licence – Zambia
6th Jun 20237:00 amRNSExploration Update - Konkola West, Zambia
1st Jun 20237:00 amRNSProject Focus – Mushima North Project, Zambia
30th May 20232:40 pmRNSHALF-YEARLY REPORT 2023
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28th Apr 20237:00 amRNSAnalytical Results - Mushima North Copper Project
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13th Apr 20232:45 pmRNSPlacing to raise £250,000
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14th Feb 20233:46 pmRNSHolding(s) in Company
3rd Feb 20238:20 amRNSPlacing to raise £300,000
18th Jan 20237:00 amRNSPositive Lab Results, Jacks Copper Project, Zambia
16th Jan 20237:00 amRNSEPB Approved Mushima North Copper Project, Zambia
12th Jan 20237:00 amRNSProject Focus - Konkola West, Zambia
22nd Dec 20227:00 amRNSAnnual Report & Notice of Annual General Meeting
12th Dec 20227:00 amRNSAudited Results for Year Ended 30 September 2022
25th Nov 20227:00 amRNSUpdate - Copper Projects, Zambia

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