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Drilling Report
Drilling Report.
About this update from Tertiary Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 1367P Tertiary Minerals PLC 16 February 2016 \n\n \nTertiary Minerals plc (\"Tertiary\" or \"Company\")\n16 February 2016\nMB Fluorspar Project Update\nCompletion and Results for Phase 4 Drilling\nTertiary Minerals plc, the AIM traded company building a strategic position in the fluorspar sector, is pleased to announce completion and receipt of analytical results from the Phase 4 drilling programme at its MB fluorspar project in Nevada, USA.\nHighlights:\n· Phase 4 drilling programme completed - 4 holes for a total of 1,553 metres drilled\n \n· Thick intersections of fluorspar mineralisation encountered in step-out drilling - remains open at depth and along strike\n \n· Hole 15TMBRC036 located west of the Western Area:\n \nØ 89.91m grading 12.02% CaF2 from 120.40m depth (total of 8 significant(1) fluorspar intersections)\n \n· Including 31.99m grading 16.74% CaF2 from 150.88m (total of 6 higher grade(2) intersections above 15% CaF2)\n \n· Hole 15TMBRC038 located to the north of the Western Area:\n \nØ 22.86m grading 11.47% CaF2 from 74.68m depth\n \n· Hole 15TMBRC039 located to the north of the Western Area:\n \nØ 137.16m grading 11.54% CaF2 from 53.34m depth (total of 16 significant fluorspar intersections)\n \n· Including 32.00m grading 15.81% CaF2 from 185.93m (total of 5 higher grade intersections above 15% CaF2)\n \n· Ore-grade molybdenum (Mo) encountered in the base of hole 15TMBRC036 provides future exploration target.\n \nCommenting today, Managing Director, Richard Clemmey said: \"Results from the Phase 4 drilling programme continue to grow the known size of the MB deposit, proving both lateral and depth extension of significant fluorspar mineralisation in the Western Area which still remain open in all directions. We now look forward to incorporating these results into our economic evaluation of the project and progressing with the next phases of development this year\"\nAn updated map showing the location of the completed Phase 4 drill holes is available on the Company's website:\nhttp://www.tertiaryminerals.com/projects/fluorspar-projects/mb-fluo...