Phase 3 Drilling Programme Update

Tertiary Minerals PLC ("Tertiary" or "Company")

19 November 2014

MB Fluorspar Project

Phase 3 Drilling Programme Update

Tertiary Minerals plc, the AIM traded company building a strategic position in the fluorspar sector, is pleased to provide a further update for the Phase 3 drilling programme at the MB fluorspar project in Nevada, USA.

Highlights:

· Phase 3 drilling has been completed ahead of schedule - 2,516 metres drilled in 9 holes

· First batch analytical results are currently undergoing stringent quality assurance and control checks in line with Company protocols

· Results of the first batch will be released in due course

The first batch of results relate to the first drill hole completed in the programme, 14TMBRC027, which represents a major step-out from the existing Mineral Resource boundary. A map showing the location of the completed Phase 3 drill holes is available on the Company's website at:

http://www.tertiaryminerals.com/projects/fluorspar-projects/mb-fluorspar-nevada-usa

Commenting today, Managing Director, Richard Clemmey said: "We are pleased that the Phase 3 drilling programme has been completed ahead of schedule and look forward to reporting the first batch of analytical results."

Notes to Editors

Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-quoted mineral exploration and development company building a significant strategic position in the fluorspar sector. Fluorspar is an essential raw material in the chemical, steel and aluminium industries. Tertiary controls two significant Scandinavian projects (Storuman in Sweden and Lassedalen in Norway) and a large deposit of strategic significance in Nevada USA (MB Project).