Tertiary Minerals PLC Pyramid Gold Project --Initial Drill Hole Completed (1896K)
20 Aprile 2020 - 11:53AM
UK Regulatory
TIDMTYM
RNS Number : 1896K
Tertiary Minerals PLC
20 April 2020
20 April 2020
Tertiary Minerals plc ("Tertiary" or "the Company")
Pyramid Gold Project - Initial Drill Hole Completed
Following the announcement dated 7 April 2020, Tertiary Minerals
plc is pleased to provide a further update on its first drill hole
at its Pyramid Gold Project in Nevada, USA.
Pyramid Project Drilling Highlights
-- Drill rig mobilised ahead of schedule
-- The drill hole has been successfully completed and drilled to a total depth of 137m
-- The drill hole will seek to confirm the presence of priority
epithermal vein drill target previously intersected in historic
drill hole PYR 9
-- The core from the drill hole has been transferred to an
independent laboratory in Reno, Nevada, where detailed geological
logging, core cutting, and analysis is underway
-- Analysis and QA/QC checks are expected to be completed within the next 4 weeks
-- All planned activities were carried out in compliance with
the State of Nevada protocols to address the COVID-19 pandemic
Commenting today, Managing Director, Richard Clemmey said:
"We are pleased to have successfully completed our first drill
hole at Pyramid ahead of schedule and look forward to providing
updates in due course when the assay results have been received and
satisfactory QA/QC checks have been completed."
For more information please contact:
Tertiary Minerals plc:
Richard Clemmey, Managing Director +44 (0) 1625 838 679
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Patrick Cheetham, Chairman
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SP Angel Corporate Finance LLP
Nominated Adviser and Broker
Richard Morrison +44 (0) 203 470 0470
------------------------------
Caroline Rowe
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Peterhouse Capital Limited
Joint Broker
Lucy Williams + 44 (0) 207 469 0930
-------------------------------
Duncan Vasey
------------------------------
Notes:
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
Notes to Editors
Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-traded
mineral exploration and development company building a
multi-commodity project portfolio.
CAUTIONARY NOTICE
The news release may contain certain statements and expressions
of belief, expectation or opinion which are forward looking
statements, and which relate, inter alia, to the Company's proposed
strategy, plans and objectives or to the expectations or intentions
of the Company's directors. Such forward-looking statements involve
known and unknown risks, uncertainties and other important factors
beyond the control of the Company that could cause the actual
performance or achievements of the Company to be materially
different from such forward-looking statements. Accordingly, you
should not rely on any forward-looking statements and save as
required by the AIM Rules for Companies or by law, the Company does
not accept any obligation to disseminate any updates or revisions
to such forward-looking statements.
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END
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