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Tertiary Minerals posts loss as it develops US, Nodic projects

By BFN News | 01:45 PM | Friday 29 May, 2020


Mining company Tertiary Minerals posted a first-half loss as it continued to develop projects in the US and the Nordics. Pre-tax losses for the six months through March amounted to £0.28m, compared to losses of £0.18m on-year. The company said its first drill hole at the Pyramid gold project in Nevada was successfully completed ahead of schedule, intersecting 0.55 metres, grading 2.01 grams per tonne of gold. A mine permit appeal process for the Storuman fluorspar project in Sweden was ongoing, with the government offering no commitment to a decision timeframe. Tertiary Minerals is invested in other projects in Nevada, and in Finland. At 1:45pm: (LON:TYM) Tertiary Minerals PLC share price was 0p at 0.23p Story provided by StockMarketWire.com

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