Tertiary Minerals plc has granted a total of 47 million five-year warrants, exercisable at 0.085 pence per new ordinary share, to its directors and employees as part of their remuneration. ZAMBIA The warrants represent 0.91% of the company’s existing issued share capital and allow the recipients to subscribe for new ordinary shares of 0.01 pence […]
Tag: copper – Zambia
Tertiary advances to drilling in Nevada-Zambia
Tertiary Minerals plc is progressing closer to drilling its copper projects in Nevada, US and Zambia. PROSPECTIVITY The company has signed a contract for up to 2,500m air core drilling at Mushima North to test the A1 copper-in-soil geochemical anomaly. Access roads and initial drill pad preparation are complete with drilling expected to begin today. […]
Tertiary to form copper subsidiary in Zambia
Tertiary Minerals plc announced it was forming a subsidiary, Luangwa Minerals Ltd, to target copper exploration and development opportunities in Zambia. The company has retained geologist Marcel Nally who is expected to be appointed as Luangwa’s exploration manager. Mr Nally was previously a director of private Zambian copper producer, Moxico Resources plc, where he identified […]