Business
Storuman Scoping Study Commis
Storuman Scoping Study Commis.
About this update from Tertiary Minerals Plc
[{"type":"text","content":"\n RNS Number : 7770C Tertiary Minerals PLC 05 September 2008 \n \n\n\nTertiary Minerals plc\nwww.tertiaryminerals.com \nTECHNICAL & ECONOMIC SCOPING STUDY COMMISSIONED FOR STORUMAN FLUORSPAR PROJECT, SWEDEN\n\n\n\nTertiary Minerals plc ('Tertiary' or 'the Company') is pleased to announce that following the receipt of first round assay results from its initial drilling programme at Storuman in Sweden, and the start of metallurgical testwork, it has formally commissioned a scoping study to evaluate the technical and economic viability of the Storuman fluorspar deposit.\n\n\n\nScott Wilson Ltd, an international design and engineering consultancy with recent experience of fluorspar projects, has been appointed to lead and complete the major part of the study. It will be responsible for modelling the mineralisation, conceptual mine and process plant design, infrastructure, capital and operating costs estimation and financial modelling. \n\n\n\n\n\nThe scoping study will incorporate the results of metallurgical testwork now underway at SGS Lakefield in Canada. This testwork is being carried out according to a scope of work put together by the Company's metallurgical consultant who will also provide a conceptual mineral processing flowsheet on which the process plant design will be based.\n\n\n\n\n\nURS Nordic AB, a wholly owned subsidiary of URS Corporation, will provide advice to Tertiary Minerals plc on the environmental and social permitting process for the Storuman mine development for inclusion in the Scoping Study.\n\n\n\nThe Scoping Study is scheduled to be completed in early 2009.\n\n\n\nFurther info: \n\nPatrick Cheetham, Executive Chairman, Tertiary Minerals plc. Tel: +44(0)1625-626203\nRon Marshman/John Greenhalgh, Lothbury Financial. Tel: +44(0)20-7011 9411 \nJonathan Wright, Seymour Pierce Limited. Tel: +44(0)20-7107-8000\n...