Tertiary Minerals plc today said it would continue its focus on “the most widely used battery metal” – copper – at the company’s projects in Zambia and central Nevada, USA. BRUNTON PASS The company will next week begin a trenching programme at its 100%-owned Brunton Pass copper project. The programme comprises up to 950m trenching […]
Tag: Tertiary Minerals plc
Tertiary terminates Pyramid silver-gold project
Tertiary Minerals plc said it had terminated its Pyramid silver-gold project in Nevada, USA. PRIORITIES The move comes after drilling earlier in the year, which failed to show significant results at the North Ruth target. Termination of the project will result in cash savings of more than US$33,000 in lease and claim fees for the […]
Tertiary marks positive drill results at Jacks
Tertiary Minerals plc said it had received positive laboratory assay results from its first drill programme at the Jacks copper joint venture (JV) project in Zambia. JACKS The Jacks prospect is within exploration licence 27069-HQ-LEL covering 141.4 km2, and lies 85km south of Luanshya in Zambia. The project is one of five licences areas in […]
Tertiary completes first drill at Jacks
Tertiary Minerals plc said it had completed its first drill programme at the Jacks copper project in Zambia. JACKS The project lies within exploration licence 27069-HQ-LEL, held by the company’s local partner Mwashia Resources Ltd. Tertiary has an exclusive option to earn up to a 90% joint venture (JV) interest in the licence. PROGRAMME The […]
Tertiary managing director Patrick Cullen resigns
Tertiary Minerals plc announced that managing director Patrick Cullen has resigned from the company, effective 20 June 2022. The company said it was looking to recruit a replacement during which time other members of the board would assume his responsibilities. Mr Cullen joined the company in September 2021. Executive chairman Patrick Cheetham added that the […]
Tertiary records £600,000 losses from copper projects
Tertiary Minerals plc reported operating losses of £604,213 from its copper portfolio in Nevada and Zambia. FINANCES The company’s unaudited results for the six-month period ended 31 March 2022 showed an impairment of £361,379 relating to the Pyramid gold-silver project in Nevada. This followed reverse circulation drilling at the project failing to demonstrate mineralisation at […]