Business
Corporate and Operational Update
Corporate and Operational Update.
About this update from Tertiary Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 0059U Tertiary Minerals PLC 19 October 2017 \n\n19 October 2017\nTertiary Minerals plc (\"Tertiary\" or \"the Company\")\nCorporate and Operational Update\n \nTertiary Minerals plc, the AIM traded company building a strategic position in the fluorspar sector, is pleased to provide an operational update for its key fluorspar projects, royalty interests and project acquisition activity. The Company is developing its three key fluorspar assets where more than 13 Mt of contained fluorspar (CaF2 %) has been defined - JORC classified Indicated and Inferred.\n \nCommenting today, Managing Director, Richard Clemmey said: \"During recent months management has been progressing the Storuman project in Sweden through the Mine permitting process. Metallurgical testwork at the MB project in Nevada is progressing and is aimed at producing a commercial grade mica product alongside commercial grade acid-spar. Management is also focused on acquisition opportunities in the fluorspar and industrial minerals sector. Advanced discussions and technical due diligence are in progress and we look forward to releasing further news in due course.\"\n \nHighlights:\n \nStoruman Fluorspar Project, Sweden\n \n· The re-assessment process of the Exploitation (Mine) Permit by the Swedish Mining Inspectorate is progressing\n \n· The Swedish Mining Inspectorate requested additional information relating to the original EIA, which the Company provided in May 2017\n \n· The Mining Inspectorate confirmed the additional information is sufficient and subsequently re-invited all stakeholders to comment on the application - current deadline for responses being 27 October 2017\n \nMB Fluorspar Project, Nevada, USA\n \n· Scoping Study level bench scale metallurgical testwork progressing at SGS Lakefield in Canada with the aim of producing commercial grade acid-spar\n \n· Testwork scope includes the production of commercial grade mica as a secondary product - potential valuable upside\n \nLassedalen Fluorspar Project, Norway\n \n· The seasonal environmental testwork required as part of the due diligence for the purchase of land and old fluorspar...