Last checked at 6 Oct 2020 14:20
6 October 2020
Tertiary Minerals plc ("Tertiary" or "the Company")
Kaaresselkä Gold Royalty
Tertiary Minerals plc is pleased to note the announcement today by TSX listed Aurion Resources Ltd ("Aurion") that it has completed its maiden drill programme at the Kaaresselkä Project in Finland where Tertiary holds various royalty interests as set out in its news release dated 3 September 2020.
The programme comprised 12 holes for a total of 2,400 m and targeted the depth and strike extensions of the shallowly defined footprint of gold mineralization over 1 km. Drill core is being processed and submitted for assay.
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 | |
Caroline Rowe | ||
Peterhouse Capital Limited Joint Broker | ||
Lucy Williams | + 44 (0) 207 469 0930 | |
Duncan Vasey | ||
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
Additional Information :
Kaaresselkä is an advanced gold exploration project located approximately 4 km south of Aurion's bonanza grade Aamurusko Main gold discovery. Kaaresselkä was originally discovered through base-of-till sampling by the Finnish Geological Survey (GTK) in 1987 and was drilled by both GTK and Tertiary with 127 historical drill holes having been completed, mostly to depths less than 100 m. Drilling results included 11.01 g/t Au over 4.90 m. Aurion is a TSX listed company backed by Kinross Gold Corp. and B2 Gold Corp
Note to Editors:
Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-traded mineral exploration and development company building a multi-commodity project portfolio.