Business
Half-Yearly Report 2017
Half-Yearly Report 2017.
About this update from Tertiary Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 4254G Tertiary Minerals PLC 26 May 2017 \n\n 26 May 2017\n \nTERTIARY MINERALS PLC\n(the \"Company\")\n \n \nHALF-YEARLY REPORT 2017\n \nTertiary Minerals plc, the AIM-traded company building a strategic position in the fluorspar sector, announces its unaudited interim results for the six months ended 31 March 2017.\n \nOperational Highlights\nStoruman Fluorspar Project, Sweden:\n· Exploitation (Mine) Permit has been referred to the Swedish Mining Inspectorate for re-assessment\n· The re-assessment is progressing; the Company has met with the Mining Inspectorate twice in 2017 and information supplementing the original application will be supplied to the Mining Inspectorate in May 2017\n· With the continued support from key stakeholders, the Company is hopeful of a positive resolution in 2017\nMB Fluorspar Project, Nevada, USA:\n· Scoping Study modelling and testwork ongoing\n· Scoping Study to be completed following successful completion of the modelling and testwork\nLassedalen Fluorspar Project, Norway:\n· Due diligence has commenced for the purchase of land and old mine workings from Hydro\nKaaresselkä and Kiekerömaa Gold Projects, Finland:\n· Successful completion of the sale of its gold assets to TSX-V listed Aurion Resources Ltd\n· £100,000 initial consideration has been paid by Aurion: £15,000 in cash and £85,000 in Aurion shares (being 83,072 shares)\n· Tertiary retain pre-production and production royalty interests in the projects\nAcquisitio...