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Mupala Copper Project, Soil Sampling Results

Mupala Copper Project, Soil Sampling Results.

articleTertiary Minerals PlcJuly 29, 20243/company/tertiary-minerals-plc/news/mupala-copper-project-soil-sampling-results
Mupala Copper Project, Soil Sampling Results

About this update from Tertiary Minerals Plc

[{"type":"text","content":"\n\n\n \n29 July 2024\n \nTertiary Minerals plc (\"Tertiary\" or the \"Company\")\n \nMUPALA COPPER PROJECT, ZAMBIA\nSOIL SAMPLING RESULTS\n \nFurther to the news release dated 10 June 2024, the Company is pleased to announce the completion of its soil sampling programme and receipt of field analytical results at its Mupala Copper Project in the highly prospective Kabompo Dome of the Northwestern Province, Zambia.\nKey Points\n·    The Mupala Copper Project is located adjacent to the Anglo American/Arc Minerals Joint Venture (\"JV\") Project, where Anglo American has a right to earn a 70% interest through expenditure of US$88.5 million, and 12 km west of the Company's Mukai Project.\n \n·    Geologically located on the west side of the Kabompo Dome, in the prospective Domes Region of northwest Zambia, which is host to multiple producing copper and nickel mines, including First Quantum Mineral's Trident Project which adjoins the Company's Mukai Project.\n \n·    A total of 684 soil samples collected on a 300m by 300m offset grid with infill sample spacing of 150m by 150m in areas of anomalous copper-in-soil.\n \n·    Copper-in-soil anomaly approximately 1,800m long by 600m wide identified with a peak value of 422 ppm copper determined by portable X-ray fluorescence (pXRF) analysis.  The anomaly is consistent with historical exploration data and extends to the licence boundary with the Anglo American/Arc Minerals JV.\n \n·    A sub-set of samples will be submitted for check laboratory based geochemical analysis.\n \n \nPatrick Cheetham, Executive Chairman of Tertiary Minerals plc said:\n\"I am delighted to announce the delineation of a large and strategically located copper-in-soil anomaly at Mupala. The anomaly confirms the prospectivity of the licence which was originally indicated by historical data and its proximity to the Anglo American/Arc Minerals JV area. More work is required to determine the significance of this soil anomaly, but this is a very promising start to exploration at Mupala.\"\n \n \n \nFurther Information:\n\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...

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