Tertiary Minerals Plc · LSE:TYM
Tertiary Minerals — Investor Presentation (January 2025)
28 slides from Tertiary Minerals's investor presentation, January 2025
Slide 1: Company Presentation January 2025
Company Presentation January 2025 Drilling at Mushima North Project, Zambia
Slide 2: Disclaimer
Disclaimer The content of information contained in these slides and the accompanying verbal presentation (together, the “Presentation”) has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 (“FSMA”). Reliance upon this Presentation for the pu
Slide 3: Board of Directors
Board of Directors An experienced Board with expertise in mineral exploration, resource development and financing and public company management… Patrick Cheetham, Group Chairman & Chairman of the Nomination Committee • Geologist and founder of the Company • 40 years’ experience in mineral exploratio
Slide 4: Copper - The No.1 Clean Energy Transition Metal
Copper - The No.1 Clean Energy Transition Metal Data source: https://www.visualcapitalist.com/category/mining/ 4
Slide 5: Copper - The Supply Problem
Copper - The Supply Problem The Copper Problem – insufficient supply to meet projected demand, even with projected new mine developments. Wood Mackenzie’s Accelerated Energy Transition 2 (AET-2) demand scenario is based on a combination of global policy drivers and technical innovation considered mo
Slide 6: Why Zambia?
Why Zambia? • Zambia has been a mining powerhouse for well over 100 years and is one of the largest copper producers in Africa. Mining is crucial to the Zambian economy and is responsible for three-quarters of Zambia’s export earnings. Zambia is a former British protectorate: • English language • En
Slide 7: Tertiary's Zambia Licence Interests
Tertiary’s Zambia Licence Interests • Tertiary Minerals (Zambia) Limited (“TMZ”) holds interest in five exploration projects covering a total area of 1,240km2 in and around the Central African Copperbelt. • Owns 90% of Copernicus Minerals Ltd – which owns the Jacks, Mukai and Mushima North Large-sca
Slide 8: Recent investments in Copper - Zambia
Recent investments in Copper - Zambia ZAMBIAN Government has secured US$15 billion from China for a Anglo-American spending new Copper Smelting Plant to be built in the Northwest Province US£88.5 million to earn 70% of Arc Minerals’ Zambia Project Adjacent to Tertiary’s Northwest Province KoBold Met
Slide 9: Mushima North Project – Ag-Cu-Zn-Co
Mushima North Project – Ag-Cu-Zn-Co New Discovery & Major Drill Target for 2025 Located in central west Zambia, 25km east of the newly opened Kalengwa copper mine. ➢ First pass air core drilling (19 holes) completed on three lines at Target A1 in late 2024 to test a high-grade copper-in-soil anomaly
Slide 10: Mushima North Project – Ag-Cu-Zn-Co
Mushima North Project – Ag-Cu-Zn-Co Check assaying of a limited number of drill holes has revealed wide intervals of silver mineralisation in hole 24TMN004 on drill line 1, ➢ 59m grading 25g/t silver, 0.2% copper and 0.16% zinc from 10m to end of hole at 72m including: ➢ 26m grading 36 grammes/tonne
Slide 11: Mushima North Project – Ag-Cu-Zn-Co
Mushima North Project – Ag-Cu-Zn-Co • Silver analyses in only one hole so far within 1.3km long, open ended, silver-in-soil anomaly. • Copper-zinc mineralisation spans 350m along drill line 1. • Many holes ended in mineralisation. • Additional holes expected to contain silver. 11
Slide 12: Mushima North Project – Additional Exploration Targets
Mushima North Project – Additional Exploration Targets Tertiary has a Data Sharing & Technical Cooperation Agreement with First Quantum for Mushima North projects in the Northwestern Province whereby: ➢ FQM & Tertiary have established a Technical Committee with the objective to work collaboratively
Slide 13: Konkola West - Large High-Grade Copper Target
Konkola West - Large High-Grade Copper Target Konkola-Lubambe-Musoshi Ore Deposits Pre-mining endowment: >775million tons @ 2-3% copper Musoshi Copper Mine (DRC) Lubambe Copper Mine Mingomba Deposit: “ Expected to be one of the top three high Surface projection grade copper deposits in the world” Ko
Slide 14: Konkola West - KoBold Metals Earn-in
Konkola West - KoBold Metals Earn-in Tertiary Minerals plc and local partner Mwashia Resources Ltd have concluded an earn-in agreement with US billionaire backed KoBold Metals at Konkola West . KoBold Metals: Tertiary Minerals ● a US-based, privately held, mineral exploration company that couples ge
Slide 15: Konkola West Project - Drilling in progress
Konkola West Project - Drilling in progress 15
Slide 16: Mukai Project - Located in Prolific Domes Region
Mukai Project - Located in Prolific “Domes” Region The Mukai Project is located in the Domes region of the NW Province, host to three major copper mines – Sentinel, Kansanshi & Lumwana DOMES REGION, PRODUCING COPPER MINES SENTINEL KANSANSHI LUMWANA Owner First Quantum First Quantum Barrick Resources
Slide 17: Mukai Project - The Right Address
Mukai Project - The Right Address Mukai Project is located centrally between: • First Quantum Minerals Trident Mining Complex (Sentinel Copper Mine & Enterprise Nickel Mine) • Arc Minerals Zambia Copper Project where Anglo-American has the right to earn 70% for US$88.5M. Contain same prospective str
Slide 18: Mukai - Agreement with First Quantum Minerals
Mukai - Agreement with First Quantum Minerals In August 2024 Copernicus Minerals Limited (“Copernicus”) announced a binding letter of agreement (“BLA”) with First Quantum Minerals Limited (“First Quantum”) on the Mukai Copper Project in Zambia. Copernicus is 90% owned by Tertiary Minerals (Zambia) L
Slide 19: Mukai Project – Drilling Underway
Mukai Project – Drilling Underway Copper soil anomaly defined as a continuation of the FQM Tirosa Prospect soil anomaly in favourable stratigraphy. • A large high-grade copper-in-soil anomaly is defined with values in excess of a 160ppm copper over an area of approximately 1,300m by 400m with a peak
Slide 20: Jacks Copper Project - Overview
Jacks Copper Project - Overview • Successful Phase 1 Drill Programme completed in 2022 Priority copper soil anomalies at the Jacks main prospect. Copper mineralisation now to be drill tested. intersected in two horizons over a 350m strike length, both open along strike and at depth. • Soil sampling
Slide 21: Jacks - Tertiary Phase 1 Drill Programme
Jacks - Tertiary Phase 1 Drill Programme Drill holes prefixed: KJD: Cyprus Amax (1990s) Drilling – Jacks Main Prospect 22KJDD: Tertiary Minerals plc (2022) Phase 2 drill target – increased thickness of mineralisation to east & down plunge towards and around KJD10 Tertiary Minerals plc AIM:TYM 21
Slide 22: Mupala Copper Project
Mupala Copper Project • Adjacent to Arc Minerals’ Zambia Copper Project where Anglo-American has right to earn 70% for US$88.5M. • Contains a several kilometer strike length of prospective Lower Roan Subgroup stratigraphy. 22
Slide 23: Mupala Project – Soil Sampling Results
Mupala Project – Soil Sampling Results • In 2024 a total of 684 soil samples were collected on a 300m by 300m offset grid with infill sample spacing of 150m by 150m in areas of anomalous copper-in-soil. • Copper-in-soil anomaly approximately Copper soil anomaly extends 1,800m long by 600m wide ident
Slide 24: Why Nevada?
Why Nevada? • Ranked highly in the world as a mining jurisdiction by the Frazer Institute. • Major gold and silver production. • Significant copper and industrial mineral production. • Majority of land is Federally owned and open to claim staking. • Well defined and largely transparent mine permitti
Slide 25: Brunton Pass Copper Project
Brunton Pass Copper Project • Located in Walker Lane Mineral Belt which hosts several world class epithermal gold-silver (Tonopah, Comstock), copper-gold porphyry (Yerington) and iron-oxide-copper-gold (Pumpkin Hollow) deposits. • Copper mineralisation spread over a 1km x 0.6km target area. • Soil s
Slide 26: Brunton Pass – Geophysics
Brunton Pass – Geophysics • An Induced Polarisation (IP)/Resistivity survey was carried out in Spring 2024 • Distinctive IP anomaly identified on all section (over 700m strike ) below and corelating well with the soil mercury- arsenic anomalies and below Trench 11 where Throughgoing chargeability an
Slide 27: Storuman Fluorspar Project, Sweden.
Storuman Fluorspar Project, Sweden. • Fluorspar is a critical mineral in US, EU and Australia, an industrial source of fluorine chemicals:. ➢ increasing use in Electric Vehicle batteries in cathodes, cells and electrolytes . ➢ used to process silicon in solar cells. • Large fluorspar resource define
Slide 28: Thank you for your attention
Soil sampling field crew Thank you for your attention
Tertiary Minerals — Investor Presentation (January 2025) on 6ix