Shares in Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF, FRA:TMU) managing director Richard Belcher talked with Proactive's Stephen Gunnion about the latest exploration results from the company’s Mushima North project in Zambia. The update includes Tertiary’s highest-grade silver-copper intersection to date, a key milestone for the company.
Belcher explained that although the Phase 3 drilling program was cut short by early seasonal rains, the results are significant. “These holes have been released today, or the assays were released, really support the direction this project’s going in,” he said, pointing to both the confirmed near-surface mineralisation and new evidence of depth extension to 103 metres.
Target A1 now shows a surface footprint of 450m by 400m, with Belcher noting the mineralisation begins just a few metres below the soil layer. The depth extension opens the door to assessing underlying sulfide potential – an exciting development comparable to other projects in Zambia.
With drilling on pause, Tertiary has fast-tracked the development of an exploration target. Belcher said, “We’re really trying a fast track now towards a mineral resource,” using these new results to inform 3D modelling of grade and tonnage potential. Drilling is set to resume in the dry season, with updated plans reflecting this new data.
Beyond Mushima North, Tertiary is progressing with other joint ventures in Zambia, with updates anticipated as field activities begin.
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