Tertiary Minerals plc reported a JORC (2012) exploration target, at an average grade of 40 to 60 grammes per tonne silver equivalent, within the Target A1 prospect at Mushima North in Zambia.
MINERALISATION
The project is located in the prospective iron-oxide-copper-gold region of the country, with the silver-copper-zinc prospect being one of “several” targets.
The company’s results include 15 to 30 million tonnes, while A1 remains open to the northwest, southwest and at depth.
Tertiary said that the other identified “drill-ready” untested targets are within a 12km radius of Target A1.
The company plans further infill drilling on A1, for a possible inaugural mineral resource estimate by the end of 2026, and to test continuation of mineralisation.
Managing director Richard Belcher added: “The target provides an upper estimated range of potentially up to 58 million ounces silver equivalent and validates our focus on advancing this exciting new discovery.
“These are exciting times for the company as we continue to advance our project portfolio to
deliver value to our shareholders.”