Business
Exploration Update – Lubuila Copper Project
Exploration Update – Lubuila Copper Project.
About this update from Tertiary Minerals Plc
[{"type":"text","content":"\n\n17 May 2023\n \n \nTertiary Minerals plc\n(\"Tertiary\" or \"the Company\")\nExploration Update - Lubuila Copper Project\n \nTertiary Minerals plc (AIM: TYM), the London listed explorer focussed on energy transition and precious metals in Zambia and Nevada, USA, is pleased to announce the completion of its recently announced soil sampling programme at the Lubuila Copper Project.\n \nHighlights - Lubuila Copper Project\n· Planned soil sampling programme completed inclusive of additional follow-up sampling based on in-field portable X-Ray Fluorescence (pXRF1) analytical results.\n \n· 425 soil samples collected across three separate grids targeting two untested areas of interpreted Lower Roan Group sediments (Areas A and B) and a historical copper-in-soil anomaly at Area C in Upper Roan Group sediments.\n \n· Preliminary results indicate a large open-ended copper-in-soil anomaly defined over an area of approximately 1,000m x 680m at Area C with a peak copper value of 306 ppm and an average value of 125ppm Cu.\n \n· Sample subset to be sent for traditional wet geochemical ICP analysis for data validation and interpretation.\n \n \nCommenting today, Executive Chairman Patrick Cheetham said:\n\"I am pleased to announce that the first soil sampling programme of the 2023 exploration season was completed efficiently whilst also producing anomalous results in preliminary analysis.\nThe copper-in-soil anomaly identified in Area C is large and remains open in all directions. However, this needs to be validated with traditional laboratory wet geochemical analysis that can also provide analysis for a wider range of metallic elements and a better geochemical context. We are submitting a subset of samples for laboratory-based analysis and eagerly await the results.\"\n \nFor more information please contact:\n\n\n\nTertiary Minerals plc:\n\n\n\n\nPatrick Cheetham, Executive Chairman\n\n\n+44 (0) 1625 838 679\n\n\n\n\nSP Angel Corporate Finance LLP - Nominated Adviser and Broker\n\n\n\n\nRichard Morrison/Harry Davies-Ball\n\n\n+44 (0) 203 470 0470\n\n\n\n\nPeterhouse Capital Limited - Joint Broker\n\n\n\n\nLucy Williams/Duncan Vasey\n\n\n+ 44 (0) 207 469 0930\n\n\n\n\n\n\n\n\n \nMarket Abuse Regulation\nThe informati...