DRILLING UPDATE, KONKOLA WEST COPPER PROJECT

Tertiary Minerals PLC
21 June 2024
 

A blue text on a black background Description automatically generated

 

21 June 2024

 

Tertiary Minerals plc ("Tertiary" or the "Company")

 

DRILLING UPDATE, KONKOLA WEST COPPER PROJECT

Further to the Company's announcement of 21 May 2024, the Company is pleased to advise that the first hole at the Konkola West Copper Project, hole number KWDD001, was recently reported by KoBold Metals Company to be at a downhole depth of 1,341m and continuing in the hanging wall sequence above the target horizon.

More recently, drilling progress has been a little slower than anticipated due to use of a new drill rig and variable ground conditions. Drilling will continue until the target horizon is reached.

No further announcement will be made until this first hole is completed but planning for a second drill hole is already underway.

 

Further Information:

Tertiary Minerals plc:

Patrick Cheetham, Executive Chairman

+44 (0) 1625 838 679        

SP Angel Corporate Finance LLP

Nominated Adviser and Broker

Richard Morrison

+44 (0) 203 470 0470

Caroline Rowe  


Peterhouse Capital Limited

Joint Broker

Lucy Williams

+ 44 (0) 207 469 0930

Duncan Vasey


 

Market Abuse Regulation

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings