Tertiary Minerals PLC
9 August 2000
Tertiary Minerals plc
TERTIARY PLANS TO PINPOINT NEW DRILL TARGET IN SWEDEN
WITHIN 'STRONG AND WELL-DEFINED' ANOMALY
NEAR BOLIDEN'S OLD ENASEN GOLD-COPPER MINE
- Position And Orientation Suggest New Zone Of
Mineralisation, Says Chairman
- Separate 'See-Through' MMI Sampling Technique Confirms
Anomaly's Features
AIM-listed Tertiary Minerals plc ('Tertiary') has outlined a
'strong and well defined' gold-copper anomaly by surface
sampling on exploration permits which surround the now-closed
Enasen mine in central Sweden from which Boliden extracted
1.7m tonnes of gold-copper ore between 1984 and 1991. The
anomaly has not been fully delineated by the existing sample
grid and Tertiary is planning further sampling in order to
define a drill target.
'Whilst surface geochemical anomalies in Sweden can be
complex due to the extensive cover of glacial material
('till') deposited during the last ice-age, this is a strong
and well-defined anomaly', says Tertiary chairman Mr Patrick
Cheetham. 'It is close to the existing mine but its position
and orientation relative to the direction of ice movement
suggests it may point to a new zone of mineralisation', he
adds.
The Enasen mine area is one of four target areas within
Tertiary's Juniper Ridge project which were sampled in June
and July. The Enasen area was targeted because of its existing
gold-copper mine whereas the Kolaberget, Grundviksberget and
Kroktjarn targets were defined by previous government-funded
regional geochemical sampling programmes. Tertiary collected
more than 700 traditional surface till samples from the four
target areas and over 100 Mobile Metal Ion (MMI) samples from
Enasen and Kroktjarn.
Most analytical results have now been received and whilst
anomalies occur on all of the target areas the most
significant is at Enasen where very strong coincident gold and
copper anomalies have been found in surface till within a few
hundred meters of the existing open pit. This anomaly extends
along the NW-SE ice direction over a number of adjacent
sampling lines. Anomalous values range up to 189ppb gold and
347ppm copper and average 49ppb gold and 115ppm copper.
Background values average 5ppb gold and 25ppm copper.
Separate MMI samples collected at Enasen are also highly
anomalous in gold, copper and silver. At the NW end of the
sample grid the MMI and surface till anomalies are coincident
suggesting that this is close to the source mineralisation.
MMI is a technique designed to 'see through' transported
glacial overburden and detect subtle anomalies directly above
the bedrock source of mineralisation. Tertiary is also
applying the technique, which was originally developed in
Australia, at its Windfall zinc-silver project area in
historic Bergslagen mining district of south-central Sweden,
and results are awaited.
Further Information:
Patrick Cheetham, Executive Chairman,Tertiary Minerals plc.
Tel: 01625 626203
Ron Marshman or Ken Gooding, City of London PR.
Tel: 020 7628 5518
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