Business
Forest Permits Received - Mukai & Mushima North
Forest Permits Received - Mukai & Mushima North.
About this update from Tertiary Minerals Plc
[{"type":"text","content":"\n\n 31 July 2023\n \nTertiary Minerals plc (\"Tertiary\" or \"the Company\")\n \nFOREST PERMITS RECEIVED - MUKAI & MUSHIMA NORTH COPPER PROJECTS, ZAMBIA\n \nTertiary Minerals plc is pleased to advise that the necessary permissions have now been received from the Forest Department in Zambia to carry out the Company's proposed soil sampling programmes in the forest areas within the Mukai and Mushima North project licences.\nHighlights:\n· Mukai & Mushima North are two of five projects in Zambia where Tertiary is exploring for copper.\n \n· Both projects benefit from the technical cooperation and data sharing agreement with leading Zambian and global copper producer First Quantum Minerals (\"FQM\").\n \nØ Mushima North\n \n· The two highest priority targets to be covered by soil sampling are:\nØ Target C1 - A prominent gravity high defined by BHP Billiton's Falcon airborne gravity survey with a coincident copper soil anomaly. The wide, low-grade, intersection of copper mineralisation recently announced from resampling core from drill hole RKN800 sits on the margin of the gravity anomaly making this an exciting target for follow up. Drill hole RKN800 pre-dates BHP Billiton's gravity survey. The C1 gravity anomaly was designated as an IOCG drill target by BHP Billiton, but never tested.\nØ Target A1 - A 1.7km long copper soil anomaly with values up to 350ppm copper (in portable x-ray fluorescence analysis) defined by 500m spaced samples and supported by coincident arsenic and zinc anomalies. This is a target for more conventional Copperbelt style mineralisation.\n· The Company has designed a programme of follow up exploration which will start with soil sampling to infill the FQM 500m spaced soil data and define drill targets.\n \nØ Mukai\n \n· Mukai is strategically located:\n \nØ adjoining FQM's Trident Project which incorporates the Sentinel copper mine complex and the recently opened Enterprise nickel mine.\n \nØ west of Arc Minerals' Zambian Copper Project where Anglo-American has the right to invest up to US$88.5 million to earn a 70% joint venture interest.\n \n· Extensive data compilation and review has highlighted FQM's discovery of copper and nickel m...