Tertiary Minerals Reports Progress at Zambia Copper Project with Record Drill Depth

Tertiary Minerals announces promising progress at its Konkola West copper project in Zambia, marked by record drill depth of 2,711m and positive copper assay results. The drilling effort led by KoBold Metals is expected to continue, with the project benefiting from an extended timeline for detailed results.

Tertiary Minerals PLC, listed on AIM as TYM, has showcased notable advancements at its Konkola West copper project in Zambia. This comes as KoBold Metals, a partner, embarks on a significant drilling initiative under an earn-in agreement. The inaugural drill hole, designated KWDD001, reached an impressive 2,711 meters before it was halted due to technical challenges, marking it as the deepest mineral exploration drill recorded in the Zambian Copperbelt.

In terms of findings, partial assay results from KWDD001 have returned promising copper values, notably 2,950 parts per million over a length of 1.05 meters, and some deeper intervals revealed up to 1,050 parts per million. The remaining assay results will come in soon, which will further enhance the geological understanding of this copper-rich basin.

Additionally, KoBold Metals has progressed on a second drill hole, labeled KWDD002, which has surpassed 1,340 meters. It seems to be on target to intersect the desired copper-bearing zone, with geological formations encountered aligning with expectations. Furthermore, the timeline of the agreement has been extended by six months until December to facilitate the reception of final results.

Located near several prominent copper mines, the project is in proximity to KoBold’s own Mingomba deposit, signaling a potentially lucrative venture for the company should results continue to trend positively. The copper market continually sees interest, especially from ventures like Tertiary Minerals, striving to tap into resource-rich areas like the Zambia region.

In summary, Tertiary Minerals reports significant progress at its Konkola West copper project in Zambia, highlighted by record drill depths and promising initial assay results. The ongoing collaboration with KoBold Metals is enhancing the exploration efforts, and the extension of the agreement indicates a commitment to thorough investigation. The project’s location near major copper mines underscores its potential significance in the market.

Original Source: www.proactiveinvestors.co.uk