Tertiary Minerals plc (AIM: TYM) is pleased to report an update from its Pyramid Silver-Gold Project in Nevada, USA, where analytical results from the Company’s recently completed Phase 2 trenching has extended the strike and width of recently discovered silver mineralisation at North Ruth.
Highlights:
· The second phase of trenching has confirmed and extended the existing discovery;
· Silver and gold mineralisation has now been shown to extend over a strike extent of at least 530m;
· Trench 1 EXT, an extension to trench 1, revealed a zone width of up to 59 metres;
· Grades as high as 595g/t silver (17.35 ounces/ton) and 0.66g/t gold were intersected.
Commenting today, Managing Director Patrick Cullen said: “The results reported today from Pyramid highlight a significant zone of silver mineralisation with a target strike length of at least 530 metres.”
“We have also delineated a zone up to 50 metres thick at surface, with some high-grade silver results and significant complementary gold.”
“North Ruth is an attractive drill target and we look forward to reporting further progress on this exciting discovery.”
Results:
|
|
Thickness |
Silver |
Gold |
From |
To |
|
|
(m) |
(g/t) |
(oz/ton) |
(g/t) |
(m) |
(m) |
|
|
Trench 1 EXT |
58.98 |
73.39 |
2.14 |
0.13 |
23.62 |
82.60 |
|
Includes |
3.35 |
218.45 |
6.37 |
0.25 |
27.43 |
30.78 |
|
Includes |
2.13 |
595.00 |
17.35 |
0.66 |
72.85 |
74.98 |
|
Trench 7 |
2.44 |
64.39 |
1.88 |
0.47 |
22.40 |
24.84 |
|
Trench 8 |
26.80 |
37.16 |
1.08 |
0.12 |
19.51 |
46.33 |
|
Includes |
6.09 |
101.50 |
2.96 |
0.26 |
31.09 |
37.19 |
|
Trench 8 |
6.09 |
1.10 |
0.03 |
0.73 |
85.344 |
91.44 |
A summary of significant results1 is shown in the table above. The location of the trenches and intersections outlined in this news release are shown on Maps 1 and 2, which may be accessed here https://www.rns-pdf.londonstockexchange.com/rns/0147P_1-2021-10-13.pdf or on the Company website. Further detailed information may be found below.
For more information please contact:
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Tertiary Minerals plc: |
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Patrick Cullen, Managing Director |
+44 (0) 1625 838 679 |
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SP Angel Corporate Finance LLP Nominated Adviser and Broker |
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Richard Morrison |
+44 (0) 203 470 0470 |
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Caroline Rowe |
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Peterhouse Capital Limited Joint Broker |
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Lucy Williams |
+ 44 (0) 207 469 0930 |
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Duncan Vasey |
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