TERTIARY MINERALS PLC (TYM) — Mushima North Silver-Copper Project, Zambia

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the Tertiary Minerals PLC Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and they can be submitted at any time using the Q and A tab situated on the right hand corner of your screen. Just simply type in your questions and press send. Before we begin, I would like to submit the following poll. And I would now like to hand you over to Managing Director, Richard Belcher. Good afternoon to you. Hi. Good afternoon, and good afternoon, everyone. Thanks very much for joining this live presentation on Tertiary Minerals' exciting Mishima North silver copper project in Zambia. The presentation is gonna take around about thirty minutes, and I will then answer questions. Just before we go into the presentation, the company standard disclaimer and forward looking statements. Just a brief summary. Mashima North Silver Copper project, we have made our recent silver oxide discovery called the Targa Tey-one silver oxide. This now has a JORC exploration target range of between fifteen and thirty million tons at a grade range of 40 to 60 grams a ton silver equivalent. That's predominantly silver in terms of metal value, silver, copper, and a little bit of zinc. And this upper range gives us approximately about 58,000,000 ounces of silver equivalent. This is near surface and is in the oxide zone. And as we all know, these have potential for favorable economics, and I'll go into these in a little bit more detail on the following slides. It's also worth noting at this stage, the discovery and the advancement was made on a very limited budget. This has been less than £450,000 in terms of expenditure related to the Mishima North project as a whole. But that's not all in terms of thi...