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REG - Tertiary Minerals - DRILLING UPDATE, KONKOLA WEST COPPER PROJECT

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RNS Number : 3862T  Tertiary Minerals PLC  21 June 2024

 

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.

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.   END  UPDUAVBRSAUNURR

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