Tertiary Minerals reports notable advancements at the Konkola West copper project in Zambia, with record drilling depth and promising preliminary assay results. Partner KoBold Metals has successfully drilled the deepest mineral exploration hole in Zambia, and drilling continues with a second hole. The project’s timeline has been extended to gather final results and analyze data for better geological insights.
In an important development, Tertiary Minerals PLC (AIM:TYM) has announced progress at its Konkola West copper project situated in Zambia. This advancement comes as KoBold Metals, their partner in a critical drilling campaign, continues to execute their earn-in agreement. The campaign is crucial for the project’s future and is already showing promising results.
The drilling endeavor achieved a remarkable milestone with the first hole, KWDD001, reaching an impressive depth of 2,711 meters—a record for mineral exploration in the Zambian Copperbelt. However, drilling was halted due to technical challenges. Preliminary assay results from this hole are encouraging, with notable copper readings reported, such as 2,950 parts per million (ppm) over a meter and depths recording up to 1,050 ppm.
Analysts expect additional assay results soon, which are essential for refining the geological understanding of the region. Meanwhile, as drilling progresses, the focus has shifted to the second hole, KWDD002, which has already reached over 1,340 meters. The team is optimistic about hitting the targeted copper-rich zone, with expected geological formations aligning with their predictions.
To ensure the success of this operation, the timeframe of the agreement has been extended by another six months, now set to run until December. This extension will allow the project team adequate time to gather final results and make informed decisions moving forward. Notably, the Konkola West project is strategically located near prominent copper mining sites, including KoBold’s Mingomba deposit, further enhancing its significance in the copper landscape.
Tertiary Minerals, in collaboration with KoBold Metals, is making substantial headway at the Konkola West copper project in Zambia. With record drill depths and positive preliminary findings, the project seems promising. The extension of the agreement to December also indicates a committed effort to fully assess the potential of this valuable copper-rich area, inviting anticipation for upcoming results.
Original Source: www.proactiveinvestors.co.uk
