Tertiary Minerals plc (LSE:TYM) has revealed significant drilling results from its Mushima North Project in Zambia, recording the highest-grade silver and copper intersection to date at Target A1. The mineralized zone has been extended roughly 100 meters north, now spanning 450 meters in length and up to 400 meters in width, with further expansion potential. These findings reinforce the company’s open-pit silver exploration model while underscoring copper potential, boosting the project’s importance for investors and stakeholders.
While Tertiary Minerals continues to face financial challenges, including consistent losses and negative cash flows, its strong equity base and promising exploration projects in Zambia and Nevada provide upside potential. Technical indicators suggest neutral momentum, although negative earnings remain a valuation concern.
About Tertiary Minerals
Tertiary Minerals plc is a mining exploration and development company focused on silver, copper, and zinc. Its projects are primarily located in the Iron-Oxide-Copper-Gold region of Zambia, with additional exploration activities in Nevada, USA.
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