Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF, FRA:TMU) managing director Richard Belcher tells Proactive's Stephen Gunnion that the latest drill results from the Mushima North silver-copper project suggest a higher-grade mineralisation zone continues from the final holes of last year's programme, which delivered the project's best copper and silver intersections to date. The previous programme was cut short by the rainy season, making the confirmation of that grade continuity a significant step forward.
Belcher explained that the current drilling programme is focused on infilling the existing exploration target to achieve the data density needed to advance to a JORC mineral resource estimate. An independent competent person has already visited the site to review the programme and results, and will begin work on the resource as data becomes available.
Laboratory assay results are still pending. Belcher said these will provide the silver grades, which are central to the project, and will also test for the potential presence of critical minerals within the same style of mineralisation. Preliminary field results are being used to guide the ongoing drill programme in parallel.
On the timeline for investors, Belcher identified three milestones to watch: ongoing batches of preliminary field results, the forthcoming laboratory assay results, and ultimately the mineral resource estimate, which the company is targeting before the end of the year.
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