JRM
- 07 Nov 2003 15:56
The Sunday Telegraph love this one and last week they gave a positive update.
I don't know whether to buy, but the spread has narrowed and the market capital is tiny so it could jump!
I'm dancing in the dfark with this one but I'd appreciate your thoughts?
50p or 5p what will it be?
JRM
- 14 Nov 2003 11:24
- 2 of 70
It's Friday again and I'm still hopeful!
JRM
- 20 Nov 2003 14:40
- 3 of 70
another weeks is almost gone and still no good news. Will anyone pick up on this little gem?
dick dasterdly
- 18 Feb 2004 22:28
- 4 of 70
loveley graph now things are definateely on the up ..............
dick dasterdly
- 18 Feb 2004 23:01
- 5 of 70
http://www.tertiaryminerals.com/tertiary.htm
good side plenty of information check it out this one is flying and certainly broken out its previous 10-12p range not been tipped by anyone but it shares magazines get hold of it it wont be below 25p for long....
Last updated 5 January 2004
Introduction and History
Tertiary Minerals plc ("the Company") aims to provide capital growth for shareholders through the costs effective exploration and development of mineral deposits.
The Group is involved in exploration and develolpment of gold, base metal, tantalum and platinum group metal ("PGM") projects.
The Group has interests in a number of mineral exploration projects in Sweden, Finland, Norway and Saudi Arabia including projects at the preliminary economic feasibility stage, projects at the drilling stage and grass roots projects.
The Company was formed in August 1999 and became the holding company for Tertiary Gold Limited in September 1999 when all of the shareholders of Tertiary Gold exchanged their shares in that company for shares in Tertiary Minerals.
Tertiary Gold was formed in September 1995 and is named after the "Tertiary" geological time period. Prior to the share exchange Tertiary Gold financed its activities principally through two private equity seed capital fundraisings. It conducts operations in Sweden through a Swedish branch called "Svensk filial till Tertiary Gold Limited, United Kingdom".
Following the acquisition of Tertiary Gold the Company made a conditionally underwritten placing of shares and warrants to raise 600,267 before expenses and was admitted to trading on the Alternative Investment Market of the London Stock Exchange Limited ("AIM") on 18 November 1999. It has established its corporate office in Macclesfield, Cheshire.
Since joining AIM and up to 2nd January 2004 the Company has raised 2.9 million through placements and the exercise of warrants.
Strategy and Prospects
The Directors policy is to maintain a portfolio of grass roots to advanced exploration projects such that the Company has, as far as is possible, mature drill-stage projects at all times and thus continuing exposure to the opportunity for the discovery of commercial ore-bodies.
The portfolio includes world-class targets for gold, copper and nickel in politically stable Scandinavia and development projects for tantalum in Finland and Saudi Arabia.
Drilling is planned for a number of projects in early 2004 including the recently aquired Kaaresselkgold project, the Nottrk nickel project and the Ahmavuoma copper-gold-cobalt project.
Tantalum has shown strong demand and price growth over the past ten years due to its predominant use in various electronic and other "high-tech" applications. Whilst demand for tantalum was weak from 2000-2003, due to a weak electronics sector, growth has now returned to the tantalum market and the Company believes that the market for these metals will continue to grow at above average rates in future.
The Company has set out a two-fold strategy for involvement in the tantalum business. The Company is looking to develop its Rosendal project in Finland, a modest sized deposit capable of production when tantalum prices recover. At the same time, in response to the exceptional growth in the tantalum market over the past 10 years, we have been advancing development of the world-class Ghurayyah tantalum deposit in Saudi Arabia which is capable of supplying large amounts of tantalum to the market within a 3-5 year time horizon.
This strategy has progressed substantially with the completion of preliminary metallurgical testwork and economic scoping studies on the Rosendal tantalum project and a positive scoping study for development of the Ghurayyah deposit.
The Group will consider entering into joint venture or farm-in agreements with other mineral companies on its projects where this would allow it to accelerate exploration and/or development of a project beyond the financial resources available to it, or in order to explore further its projects at minimal cost to the Group.
Issued Capital (last updated 5 January 2004)
Shares on issue: 36,421,093 Ordinary Shares of 1p each
Unissued Shares under warrant: 300,000 Exercisable at 20p
Unissued Shares under option: 210,000 Employee Options exercisable at 16p and 22p
Fully diluted: ----------------
36,931,093
---------------- Ordinary Shares of 1p each
JRM
- 19 Feb 2004 10:14
- 6 of 70
Wow!
JRM
- 24 Feb 2004 15:19
- 7 of 70
The Sunday Telegraph have sparked interest here.
JRM
- 01 Mar 2004 15:41
- 8 of 70
Where next?
JRM
- 19 Mar 2004 15:58
- 9 of 70
It ready for an uplift!
JRM
- 22 Mar 2004 12:35
- 10 of 70
A friend is getting excited about these. They're back where the Sunday Telegraph said buy last month. Any thoughts?
JRM
- 24 Mar 2004 16:15
- 11 of 70
It's rising!
JRM
- 31 Mar 2004 15:59
- 12 of 70
These really could be a buy! Any thoughts?
JRM
- 01 Apr 2004 12:39
- 13 of 70
The results should be coming!
laurencecope
- 01 Apr 2004 13:56
- 14 of 70
I brought some in May 2003 and I still think they are a buy
JRM
- 01 Apr 2004 16:15
- 15 of 70
Hopefully!
JRM
- 10 Apr 2004 19:28
- 16 of 70
Have they all forgotten about this little gem?
JRM
- 21 Apr 2004 15:53
- 17 of 70
What does the trading statement mean?
An upturn today!
Should I buy more?
JRM
- 30 Apr 2004 09:53
- 18 of 70
Come on!
JRM
- 07 May 2004 14:39
- 19 of 70
This is odd only buys but price still down -Why?
JRM
- 03 Jun 2004 11:49
- 20 of 70
Good update, more of a rise next Monday. A Sunday Tel favourite, any thoughts?
joehargan1
- 05 Jun 2004 13:00
- 21 of 70
LONDON (AFX) - Tertiary Minerals PLC said its winter/spring drilling
programme at the Ahmavuoma project in northern Sweden has confirmed the
existence of a significant iron-oxide copper gold (IOCG) mineralised system.
IOCG style mineralisation encompasses some of the largest copper deposits in
the world.
newsdesk@afxnews.com
ak/
IOCG orebodies are typically large and represent one of the most widely sought style of deposits in the world today. A number of major mining companies, including Rio Tinto, Anglo American, BHP Billiton !!!!! and Phelps Dodge are actively exploring for such orebodies in Sweden, a country in which only two major IOCG deposits are in production. TYM could announce a fast track to production if they decide to license the new field to one of the bigger mining companies with production technology and investment clout to make this a huge profit generator. There is already a lot of interest in the find within the mining community and for example BHP want to expand this high margin leg. Any news would send the shares soaring and currently trading at 12 pence there can be little downside.
joehargan1
- 17 Jun 2004 23:09
- 22 of 70
Trading at 11.75p despite recent positive news. The attached press release broke mid pm and may be picked up in the busines press tomorrow am...it's yet more very encouraging news. Also check out the TA trends on this stock - bullish buy indicators and bounce back predicted from the lower resistance points hit during the past 3 weeks. If it can make the news on this significant result maybe it can return to form - 15p in any case should be the right valuation:-
Tertiary Minerals PLC
17 June 2004
TERTIARY MINERALS PLC
17 June 2004
TERTIARY REPORTS HIGH-GRADE DRILL INTERSECTIONS FROM KAARESSELKA
Results Includes 4.90m Grading 11.0g/t Gold And 2.75m Grading 13.5g/t
Gold
Lampi Zone Enhanced By Intersection Of 10.30m Grading 3.9 G/t Gold From
Bedrock Surface
Tertiary Minerals plc ('the Company') is pleased to report a number of
high-grade gold intersections following the receipt of final assay results from
its first drilling programme at the Kaaresselka gold project in Finland.
Previous drilling at Kaaresselka by the Geological Survey of Finland (GTK) was
reported to have intersected gold mineralisation in three separate zones -
Vanha, Tienvarsi and Lampi - within an area of 1.1km by 0.6km. Further
background details can be found in the Company's press release dated 3 November
2003 and in the 2003 Annual Report on the Company's website
(
www.tertiaryminerals.com
).
The recent programme comprised 10 diamond drill holes designed to evaluate the
controls and distribution of gold mineralisation in the three target zones. The
results of the first 3 holes were reported in the quarterly exploration report
released on 6 April 2004.
This release covers the results from the remaining 7 holes where assay results
have been delayed as a result of bottlenecks at the independent assay laboratory
caused by the global upturn in exploration activity.
Significant assay results are given in the accompanying table and include some
of the best results from Kaarasselka to-date. A plan illustrating the location
of the drill holes will be made available on the Company's website.
Hole 04KD005 is located in the SE extension of the Tienvarsi zone and
intersected 2.75m grading 13.5 g/t gold from 15.45m depth demonstrating that
mineralisation is open in this direction.
Hole 04KD007B, located towards the western end of the Vanha zone, intersected
4.90m thickness grading 11.0 g/t gold from 74.80m down-hole and was drilled to
test at depth the gold mineralisation intersected by GTK drill holes RC5 (3m
grading 7.2g/t gold) and R436 (1.4m grading 22 g/t gold) towards the western end
of the Vanha zone. This result is important as it suggests the potential for a
high-grade depth extension to the near surface mineralisation at this location.
Hole 04KD009 and 010 were drilled across the Lampi zone. Previous drilling by
GTK had returned a best result of 11.55m grading 1.32 g/t gold from 24.50m, but
failed to explain a strong geochemical anomaly. Drilling in a different
direction, to test an alternative interpretation of the strike direction of
mineralisation, was rewarded with an intersection in hole 04KD010 of 10.3m
grading 3.88 g/t gold from bedrock surface at a depth of 3.9m beneath the
glacial till. (This intersection comprises three composite samples with
individual samples now being re-analysed). The geometry of this zone, which is
not yet understood, can be investigated by trenching.
Hole 04KD004 is located 100m along strike from previously reported hole 04KD002
and the NW end of the Tienvarsi zone. A narrow, low-grade intersection was
returned (see table below) indicating that gold mineralisation, albeit weak, is
open in this direction.
The results from the Company's first drilling programme at Kaaresselka are
considered to be encouraging as they confirm that gold mineralisation is spread
over a wide area, with a number of high-grade intersections having been returned
both from surface in the weathered zone and in the fresh rock. The results have
also significantly upgraded the Lampi zone as a target for further drilling.
The Company is now carrying out further core sampling and plans additional core
logging and a detailed location survey for all old drill holes. This will enable
the planning of follow up drilling programmes aimed at resource delineation.
DRILLING RESULTS KAARESELKA Winter/Spring 2004
Hole Number From Drill Hole Gold Grade
(down hole depth) Intersection (grammes per tonne
(down hole width) -g/t - gold)
TIENVARSI ZONE
04KD004 56.05m 1.00m 1.00 g/t Au
04KD005 15.45m 2.75m 13.46 g/t Au
Including 16.10m 1.10m 29.20 g/t Au
VANHA ZONE
04KD007B 69.40m 1.00m 2.64 g/t Au
And 74.80m 4.90m 11.02 g/t Au
Including 74.80m 1.10m 39.30 g/t Au
And 94.20m 0.30m 1.07 g/t Au
LAMPI ZONE
04KD010 3.90m 10.30m 3.88 g/t Au
And 74.00m 0.70m 3.62 g/t Au
All reported assays made by independent laboratory ALS Chemex by method Au-AA26
(50g Fire Assay)
For further information please contact:
Patrick Cheetham, Executive Chairman, Tertiary Minerals plc. Tel: 01625-626203
Ron Marshman/John Greenhalgh, City of London PR Limited. Tel: 020-7628-5518
This information is provided by RNS
The company news service from the London Stock Exchange
JRM
- 06 Oct 2004 10:08
- 23 of 70
We've moved forward -anything left?
joehargan1
- 06 Oct 2004 11:26
- 24 of 70
I still hold to my earlier comment and good to see some realty checks coming back in recent days. Recent move just shows the importance of positive news for this stock - the underlying health is good and interims will be positive so I'd hold on and expect some further upward movement this month.
joehargan1
- 02 Nov 2004 10:22
- 25 of 70
Positive news on several fronts...the Finnish diamond drilling report has been eagerly awaited for some time..looks like we'll know soon..a positive report will see TYM waken up and start moving again.. keep watching the trades closely this week...
LONDON (AFX) - Tertiary Minerals PLC said the newly revised mining laws in
Saudi Arabia, bringing regulations into line with international best-practice,
will simplify the retention of the group's Ghurayyah project and reduce the
company's holding costs in Saudi Arabia.
In its quarterly report for the three months to Sept 30 2004, Tertiary also
said its report on diamond potential of the new Finnish kimberlite cluster is
expected soon.
It also said drilling is to resume on all three mineralised zones at
Kaaresselka.
newsdesk@afxnews.com
slm/
For more information and to contact AFX: www.afxnews.com and
www.afxpress.com
willfagg
- 02 Nov 2004 23:00
- 26 of 70
i have been watching this one and like you feel it may be around the "bottom" price wise.Usual problem, we need regular news which is reasonably positive.It has after all languished of late
joehargan1
- 03 Nov 2004 21:55
- 27 of 70
TERTIARY MINERALS PLC
1 November 2004
QUARTERLY REPORT ON EXPLORATION ACTIVITIES
FOR THE PERIOD ENDED 30 SEPTEMBER 2004
Report On Diamond Potential Of New Finnish Kimberlite Cluster Expected Soon
Second Mineralised Boulder Train With Visible Gold Located At Pitkajarvi
Drilling To Resume On All Three Mineralised Zones At Kaaresselka
Tantalum: Newly Introduced Saudi Mining Law Favours Explorers
_____________________________________________________________________
INTRODUCTION
This report gives details and results of exploration work carried out during the
quarter ended
30 September 2004 and up to the date of this report.
FINNISH DIAMOND PROJECT
Tertiary Minerals 100%
The Company has previously announced the discovery of three kimberlites in two
separate areas in Northern Finland.
In July, drilling at Kalettomanpuro identified two kimberlites and in August it
was reported that the first drill hole at Kattaisenvaara, some 20km away, had
also intersected kimberlite. Since then three further holes were attempted at
Kattaisenvaara. Only one successfully tested the kimberlite, the other two holes
being abandoned in deep overburden. The successful hole collared in kimberlite
at the same location as the first reported hole but was drilled in the opposite
direction proving the total width of the kimberlite in the plane of drilling to
be 48m. The kimberlite appears to have faulted contacts at both its northern and
southern margins and a well developed breccia at the southern margin. The strike
length of the kimberlite is not yet known.
Samples of the Kattaisenvaara kimberlite have been sent for microdiamond
analysis and indicator mineral extraction. Results are expected shortly.
Not all kimberlites in a given cluster contain diamonds, but the potential of a
cluster to host diamonds can be evaluated by detailed mineralogical studies of
the kimberlites in that cluster. The company has therefore commissioned GTK to
undertake mineralogical studies on the Kalletomanpuro and Kataisenvaara
kimberlites. The preliminary report will be delivered soon and is keenly
awaited. This will enable the company to evaluate diamond potential of the
numerous other kimberlite targets within its claim holdings.
GOLD PROJECTS
Kaaresselka Gold Project
Finland - Tertiary Minerals 100%
Following the receipt of encouraging results from the Company's first drill
programme earlier this year the Company has completed a drill-hole collar survey
to accurately locate all previous GTK drilling. This has enabled the compilation
of an accurate database for further drill planning.
A second drill program is scheduled to start in late November and will focus on
the Lampi zone where an intersection of 10.3m grading 3.88 g/t gold was made
from near surface, the central part of the Vanha zone high-grade gold
mineralisation and the SE extension of the Tienvarssi zone where gold
mineralisation remains open along strike.
Pitkajarvi Gold Project
Finland - Tertiary Minerals 100% (subject to 6% NPI royalty)
The acquisition of the Pitkajarvi high-grade gold prospect was announced in
August. The prospect was discovered in May this year when an independent
prospector discovered a train of boulders on the ground surface containing
visible native gold. The boulders occur in an area roughly 150m long by 70m wide
although the full extent of the boulder train is thought to be hidden beneath
surrounding marshland.
A preliminary field visit by Tertiary confirmed significant gold grades in
surface boulders of probable local origin. Visible free gold in hand-specimen
was seen to be associated with quartz veining, silicification and weak sulphide
mineralisation in a moderately altered granodiorite. Nine samples from different
mineralised boulders, up to 1m across, assayed up to 16.6 grammes per tonne gold
and averaged 8.5 grammes per tonne gold.
A subsequent field visit has resulted in the discovery of more mineralised
boulders at Pitkajarvi. In addition a second, previously documented, boulder
train some 2km NW of Pitkajarvi, at Tiaskuru, was relocated and a number of
boulders with visible gold and copper mineralisation were sampled. Assay results
are awaited.
An interpretation of available airborne geophysical data covering the Pitkajarvi
and Tiaskuru areas has identified a number of possible source areas for
the mineralised boulders. A ground geophysical survey has now started to
identify drilling targets.
BASE METAL PROJECTS
Djuragruvan Zinc-Silver Project
Sweden - Tertiary Minerals 100%
The Company has recently completed a drilling programme to test for zinc-silver
mineralisation at its Djuragruvan project in the Bergslagen district of
south-central Sweden
Three holes were drilled to target down-dip and along the strike extensions to
zinc-lead-silver mineralisation at the Gruvberget open-pit where, in 1989, a
small, privately-managed mining campaign produced 40,000t of custom-milling ore
grading 7% zinc-lead and 90g/t silver from a 30m deep open-pit. No significant
mineralisation was intersected.
A programme of trenching will take place in November to test an area to the
south of Gruvberget where Tertiary discovered a field of zinc and silver rich
boulders in an earlier exploration campaign.
Other Base-Metal Projects
No work was carried out on the Company's IOCG projects this last quarter.
A programme of trenching will start in two weeks time on the Vehkavaara
copper-gold project to investigate the source of base-of-till copper anomalies.
Further drilling is also planned for the winter of 2004/5 on the Ahmavuoma
copper-gold-cobalt project to follow up encouraging grades of mineralisation
intersected during the last drill programme.
TANTALUM PROJECTS
During the quarter the Company's Chairman attended the annual Tantalum & Niobium
International Study Centre (TIC) annual meeting.
A major focus for discussion was the current situation of the world's largest
tantalum producer Sons of Gwalia now in Voluntary Administration following its
failure to re-negotiate the terms of its gold division hedge commitments. The
possibility that there may be a change in control of the majority of the world's
tantalum production has thrown the spotlight onto alternative sources of supply
for tantalum, including the Company's world-class Ghurayyah tantalum project.
Ghurayyah - Tantalum
Saudi Arabia - Tertiary Minerals 100%
The long-awaited revision of the Mining Law in Saudi Arabia has now passed
through the Legislative Council and received Royal Assent. The purpose of the
new law is to update the Mining Code & Regulations in Saudi Arabia in line with
international best-practice and thereby make exploration in Saudi Arabia more
attractive to foreign investment.
The changes will simplify the retention of the Ghurayyah project and reduce the
Company's holding costs in Saudi Arabia.
During the Quarter the Company commissioned St. Barbara Consulting, to prepare a
proposal and obtain quotes for the metallurgical testwork component of the
Preliminary Feasibility Study.
Patrick Cheetham
Executive Chairman
For further information please contact:
Patrick Cheetham, Executive Chairman, Tertiary Minerals plc. Tel: 01625-626203
Ron Marshman/John Greenhalgh, City of London PR Limited. Tel: 020-7628-5518
Maps illustrating some of the features referred to in this report can be found
on the Company's website
www.tertiaryminerals.com
willfagg
- 05 Nov 2004 11:25
- 28 of 70
joe hargan thanks for post. Do you know when interims are due? with the small dip today is it a good time to get in?you have obviously been following for sometime and I was just a little surprised that from the positive news already announced this year that the price has not moved on?
joehargan1
- 07 Nov 2004 11:23
- 29 of 70
Wifagg - interims already out and you can find them on the company website unders "company reports". In any case superseded by Thursday's announcement. Fully expect the sp to respond favourably once the significance of this for TYM becomes clearer and after the mm's have rebalanced their holdings ...reading through this latest RNS and having followed Tertiary's realtively cautious releases in the past, the excitement displyed here is unbridled...time for a serious top up at 10.75p!
November 4 , 2004
POSITIVE REPORT ON DIAMOND POTENTIAL OF NEWLY DISCOVERED KIMBERLITE CLUSTER
Study Confirms Kimberlites Tapped Diamond-Favourable Source Rocks
Claim Holding Extended To Total 30 Untested Targets
Possible Link To Russian/Arkhangelsk Diamond Fields
Tertiary Minerals plc (the Company) is pleased to report the positive findings of an independent study on the diamond potential of its Kuusamo kimberlite project in Northern Finland.
The report has been prepared by an international kimberlite specialist at the Geological Survey of Finland (GTK). The data in the report is based on relatively limited sampling of the three kimberlites discovered so far but supports the following important conclusions:
the geological conditions considered necessary for the occurrence of diamondiferous kimberlites occur in the Kuusamo area
the newly discovered kimberlites have tapped the diamond stability field of the earths mantle
the mantle tapped by the kimberlites contain both types of potential diamond-hosting mantle materials - harzburgite and eclogite and the mantle has not been affected by diamond destroying processes.
The statistics for kimberlite clusters show that any given cluster can contain a spectrum of kimberlite from those containing no microdiamonds to those with commercial diamond contents. Similarly individual kimberlite intrusions can be multi-phase, with some phases containing diamonds, others none.
The GTK report concludes that the lack of micro-diamonds in the kimberlite samples tested to date does not necessarily limit the prospectivity of any future kimberlite discoveries in the area.
The report also concludes that the results are .exciting in that it is likely that an entirely new cluster of kimberlites (the Kuusamo cluster) has been discovered and that typically there are 10-50 kimberlites in a cluster.
Tertiary considers that the results of the GTK study considerably enhance the potential of the untested targets in the Kuusamo area. The company has recently expanded its claims and claim reservations and now has a further 11 targets (total of 30) under claim or claim reservation in addition to Kalettomanpuro and Kattaisenvaara and existing data strongly suggest that more kimberlites will be discovered.
The report speculates that the Group I Kuusamo kimberlites may have a similar Devonian age to kimberlites found near Arkhangelsk in Russia, also in the Karelian Craton that includes the Lomonosov diamond project run by Alrosa and the highly diamondiferous Grib pipe.
This speculation is based principally on the position of the Kuusamo cluster on the southern margin of the same Devonian kimberlite and alkaline province that stretches for over a 1,000 km from Northern Finland through the diamond bearing regions of Kandalaksha, Terskii Bereg, Arkhangeslsk and Central Timan in NW Russia.
For further information please contact:
Patrick Cheetham, Executive Chairman, Tertiary Minerals plc. Tel: 01625-626203
Ron Marshman/John Greenhalgh, City of London PR Limited. Tel: 020-7628-5518
Technical Note (to accompany New Release of 4 November 2004)
The background to Tertiarys new discoveries is given in various news releases made since January this year. Three separate kimberlites have been intersected in drilling - two at the Kalettomanpuro (KP) site and one at Kattaisenvaara (KV) some 20km away.
It is accepted wisdom that many diamonds (a form of carbon) grew as crystals in the primeval earth as all harzburgitic diamonds are over 3 billion years old. Over time diamonds are only preserved where diamond is stable in preference to graphite (at high pressure and relatively low temperature) and this is usually beneath the old stable parts of the earths crust (cratons) where there is a thick, cool and stable lithospheric mantle keel the so-called diamond stability window. In such windows diamonds are found in mantle containing the rock types harzburgite or eclogite. For diamonds to be found at the surface kimberlitic magma must have risen to the surface through the diamond stability field of the mantle, on the way collecting pieces of the diamond host-rocks, harzburgite and eclogite. As the kimberlite magma ascends these pieces are disrupted, liberating the diamonds. The kimberlite magma must ascend rapidly enough so that the diamonds are preserved in otherwise unstable conditions in the crust.
Thus there are two main pre-requisites for the occurrence of diamonds at or near the earths surface:
Favourable mantle conditions for diamond preservation through geological time (a source of diamonds)
A transport medium (kimberlite magma) that taps the diamond stability field and both collects and preserves the diamonds.
As kimberlites are the main transport medium, a study of the mineralogy and mineral chemistry of kimberlites in any given cluster will provide information on whether that cluster has diamond potential.
The main technical findings of the GTK study are as follows:
The proximity of the Group I kimberlites to Devonian (365 Ma) alkaline complexes, in particular the Iivaara intrusion, raises the possibility that these new kimberlite discoveries are similar in age to those found near Arkhangelsk in Russia
The Group II Kalettomanpuro kimberlite has petrological similarities to the kimberlites in the 1200 Ma Kuhmo cluster, an area currently being explored by European Diamonds Plc and Karelian Diamond Resources Plc, some 150km to the south
The mineralogy and chemistry of phlogopite mica in the kimberlites confirms the original identification as hypabyssal Group I and Group II kimberlites (end member types of kimberlite, both can contain diamonds)
The Group II kimberlite from Kalettomapuro contains significant amounts of G10 (harzburgite) garnets and G9 (lherzolite) garnets and a high ratio of G10/G9. As harzburgite is known to be one of the main diamond source rocks, this indicates a high diamond potential
Compositional data and thermobarometry studies indicate that mantle-derived G10 garnets are derived almost exclusively from the diamond stable portion of the earths mantle
The Group I kimberlites contain both eclogite grains and eclogite xenoliths (eclogite in the mantle is the other main source for diamonds). So far, however, these are of relatively low sodium garnet type
Picroilmenite and pyrope garnet compositional data indicate that metasomatism has not significantly affected the mantle - another positive factor for diamond preservation
Chromites for the KV Group 1 kimberlite plot in compositional fields that indicate shallow sampling
Group 1 kimberlites so far examined show evidence of fractionation implying slower transport to the surface which, in the case of these kimberlites only, suggests any contained diamonds may have been resorbed
joehargan1
- 17 Nov 2004 17:00
- 30 of 70
At 16:42 this evening, for those of us who like the idea of gold prospecting a little something to whet the appetite.. with this and the kimberlite fields currently due to report back we could be in for a very intersting and potentially very profitable couple of months....
Tertiary Minerals PLC
17 November 2004
TERTIARY MINERALS PLC
DRILLING RESUMES AT KAARESSELKA GOLD PROJECT
IN NORTHERN FINLAND
High Grade Targets At Vanha And Tienvarsi
Near Surface Target At Lampi
Results Expected Early In New Year
_____________________________________________________________________
Tertiary Minerals plc ('the Company') is pleased to announce that a further
drilling programme has now started at its Kaaresselka gold project in northern
Finland where three zones of mineralisation have been identified by previous
drilling in an area 1.1km by 0.6km. This earlier drilling returned a number of
high-grade intersections from both the near-surface weathered zone and the
underlying fresh rock and confirmed that gold mineralisation is distributed over
a wide area.
The new programme will concentrate on the Vanha zone to test for extensions to
high-grade mineralisation encountered in hole 04KD007B reported by the Company
earlier this year (4.90m thickness grading 11.0 grammes/tonne ('g/t') from
74.80m down-hole). Previous drilling results from this zone include 3m grading
7.2g/t gold in hole RC5 and 1.4m grading 22g/t gold in hole R436, both drilled
by the Geological Survey of Finland.
Further drilling will also test for extensions to gold mineralisation
encountered at the south-east end of the Tienvarsi zone where it is open along
strike from Tertiary's drill-hole 04KD005 which intersected 2.75m grading
13.5g/t gold from 15.45m depth.
In addition, trenching and possible follow-up drilling is planned to evaluate
the Lampi zone where the Company has reported an intersection of 10.3m grading
3.88g/t gold near surface but where the geometry of the mineralisation needs
further investigation.
Drilling will continue into mid-December with results expected in January 2005.
For further information please contact:
Patrick Cheetham, Executive Chairman, Tertiary Minerals plc. Tel: +44 (0)1625
626203
Ron Marshman/John Greenhalgh, City of London PR Limited. Tel: +44 (0)207 628
5518
willfagg
- 29 Nov 2004 15:20
- 31 of 70
why are they shaking the price ? 900 shares traded today and they knock 5% of the value they have done similarly over last three weeks on just about negligible trading they have taken out about 20% now?
willfagg
- 02 Dec 2004 14:29
- 32 of 70
Further drift downwards on a 50/50/ buys/sells? This fundamentally effects the anyones investment valuation and I suspect would trip a lot of sell thresholds.So we have low level of trades (buys and sells) price moved down 20+%? Beats me
joehargan1
- 02 Dec 2004 17:17
- 33 of 70
I think the mms are trying to stimulate some interest as there has been practically no trading for several weeks in TYM
willfagg
- 03 Dec 2004 00:55
- 34 of 70
true but they have started drilling for gold in Finland . Planned for completion mid December with results mid Feb so its not like there is nothing happenning
joehargan1
- 04 Dec 2004 17:26
- 35 of 70
I agree, feel these are remarkably cheap and will head north on positive results.
JRM
- 09 Feb 2005 14:50
- 36 of 70
Time for a few more I think!
I phoned the company this morning and they will make an announcement in around 10 days time. With tantium, gold and diamonds the cupboard is already more than full.
At this price and with such a low market capital the company really does stand out and the buyers have returned today.
Finally, they must be the only mining stock still to be still stuck on the year bottom.
Oh yes, if you like the look buy now, they're quite heady little things once they get going and when they hit 14p the Sunday Telegraph comes in with 'Tertiart Mining a company we backed at 13p last year ..............'
JRM
- 10 Feb 2005 13:21
- 37 of 70
We are still buying -any thoughts.
JRM
- 10 Feb 2005 14:51
- 38 of 70
Wow, 1 million shares have gone through!!!!!!!!!
gordon geko
- 11 Feb 2005 10:58
- 39 of 70
rab capital just bought in.........
JRM
- 11 Feb 2005 11:01
- 40 of 70
Who?
JRM
- 11 Feb 2005 14:52
- 41 of 70
Help!
Can you explain the price movements?
JRM
- 16 Feb 2005 09:15
- 42 of 70
Over 10p yummy!
How much more is there?
Is 20% in 3 days enough?
I still think they're too cheap!
Any thoughts??
JRM
- 21 Feb 2005 09:11
- 43 of 70
A good start to the week!!
JRM
- 23 Feb 2005 11:03
- 44 of 70
They've widened the spread big style!
JRM
- 02 Mar 2005 13:35
- 45 of 70
The buyers are arriving, but the statement Any thoughts?
JRM
- 10 Mar 2005 10:59
- 46 of 70
The news looks good!
But what does it mean?
joehargan1
- 12 Apr 2005 07:35
- 47 of 70
Any views on whether to take up the sunrise diamonds offer?
Rasenberg
- 12 Apr 2005 11:37
- 48 of 70
Excuse me as I am one of the novices here but Re: the Sunrise Diamonds offer am I right in thinking that if I take it up and the company's admission to the AIM doesnt materialise I lose out on the shares I applied for?
Rasenberg
- 12 Apr 2005 11:38
- 49 of 70
I mean do I lose the cash I looked to invest basically
joehargan1
- 12 Apr 2005 12:03
- 50 of 70
No, per the prospectus, if they do not raise the initial target for the AIM offering then the listing will not go ahead and your cash is returned in full.
Rasenberg
- 12 Apr 2005 14:07
- 51 of 70
Many thanks joehargan1 for clearing that up for me. I am still undecided as to what to do as have lost a bigger percentage than i care to mention on this irritating share.
Maybe Sunrise Diamonds can make me some of my losses back maybe they can put me further in the brown stuff.. Do I take the risk that is the question !!!
joehargan1
- 12 Apr 2005 15:05
- 52 of 70
I have the same situation and dilemma as you do Rasenberg. I'm torn because the most potential I see right now for TYM is in their Kimberlite liseneces and some promising early results especially in Finland. Therefore the diamond side of their miniing portfolio looks by far the most attractive part. The fact they are raising capital to progress the fields beyond the early inspection and exploration phase is also a positive. I'm inclined to go for it with some trepidation as I'm in pretty deep already. As with any small cap in a highly risky field I will not be temted to invest a single penny more than I am prepared to lose. A venture like this will either multiply the initial stake tenfold or you wind up losing the lot -I would say though that the team they have and their commitment to building their business suggests a long term and dedicated approach.
Rasenberg
- 12 Apr 2005 15:10
- 53 of 70
As you say it is what you are prepared to lose. I have been fortunate to get involved in SEO aswell and think may well take the plunge and take up the offer with some of my profits from that.
What is it they say " speculate to accumulate " !!!! Ummm we will see
robinhood
- 11 Jan 2007 11:38
- 54 of 70
anyone with any views on voluntary suspension?
Ultimate Cynic
- 12 Jan 2007 12:56
- 55 of 70
Perhaps they haven't greased the right palms to get the licence renewed?
All IMHO etc.
UC.
Rasenberg
- 20 Apr 2007 09:07
- 56 of 70
Does anyone know what is actually happening with regards to the voluntary suspension of these shares ?
PHILIPEVES
- 06 Jul 2007 16:59
- 57 of 70
TYM MUST UNSUSPEND NEXT WEEK ACCORDING TO THE RULES ? 6 MONTHS AFTER VOLUNTARY SUSPENSION.
share trader
- 09 Jul 2007 20:31
- 58 of 70
Proactiveinvestors.com comment;
Click HERE
Andy
- 06 Sep 2008 10:29
- 59 of 70
chakli
- 03 Feb 2011 17:17
- 60 of 70
any holder with news ,i got them @6.24p
required field
- 06 Apr 2011 10:03
- 61 of 70
If you liked the bowwow, you might like the tabby......17 million market cap with huge potential.....undervalued by a lot, I would like to guess.....
js8106455
- 31 May 2012 17:42
- 62 of 70
Hey guys,
I found an interesting audio interview with Patrick Cheetham the Executive Chairman at Tertiary Minerals.
Its worth a click:
http://www.brrmedia.co.uk/event/98321/patrick-cheetham-executive-chairman
Bullshare
- 26 Oct 2012 14:44
- 63 of 70
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GETECH GROUP PLC
GETECH's (GTC) is a leading global consultancy to the oil, gas and mining industries. We assist our clients, who include the major international oil companies as well as many independent and National Oil Companies, to reduce the risks and improve the efficiency of their early stage exploration programmes. We are differentiated through our unique global library of gravity and magnetic data and our multidisciplinary teams of highly skilled geosciences staff. We pride ourselves on scientific rigour and thought leadership. These have now led to the development of our flagship product, the “Global Programmes” for which we currently have six contracted clients, who commit to a multi-year strategic programme of which the initial phase is due to complete in mid 2014.
LEYSHON RESOURCES LTD
Leyshon Resources Limited (AIM & ASX:LRL) was on the ground in 2003 when China opened its mining sector to foreign investment. It has been fully engaged in China since then with its main operating office located in Beijing.
China's latest Five Year Plan emphasizes the planned urbanisation of a large number of Central China's rural population into second and third tier cities lifting the urbanisation rate to 51.5% of the overall population.
This will result in significant increases in infrastructure spending and energy demands. The Company is planning to invest in high quality energy assets in China to meet this growing demand.
Speaker: Paul Atherley, Managing Director.
TERTIARY MINERALS PLC
Tertiary Minerals (TYM) is an AIM-quoted mineral exploration and development company building a significant strategic position in the fluorspar sector. Fluorspar is an essential raw material in the chemical, steel and aluminium industries and traditional Chinese supplies are drying up as China evolves from a large net exporter to a potential net importer.
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For more information on the World Money Show (London)
click here
js8106455
- 29 Nov 2012 09:46
- 64 of 70
Tertiary Minerals - MB Fluorspar project, due diligence review
Click the link below to listen:
http://www.brrmedia.co.uk/event/106952/patrick-cheetham-executive-chairman
deltazero
- 11 Nov 2013 11:10
- 65 of 70
hmmm - something stirring today perhaps
deltazero
- 11 Nov 2013 11:58
- 66 of 70
City firm Cantor Fitzgerald says Tertiary Minerals (LON:TYM) offers attractively priced exposure to fluorspar, a strategic mineral.
Analyst Asa Bridle points out that Tertiary is London’s only play on fluorspar, which plays a key role in chemical, steel and aluminium industries.
“In the past year Tertiary has expanded its fluorspar project portfolio from Europe into the USA, the third largest market in the world for the mineral behind China and Europe,” the analyst said in a note.
“At a time when other listed juniors have moved out of fluorspar, Tertiary has successfully secured financing that should allow it to continue to de-risk its projects and reach its next set of milestones.”
In a project update Tertiary told investors that the first phase of drilling on the MB fluorspar project in Nevada, USA, has been completed on schedule. Analytical results are now pending, and once they have been evaluated Tertiary will progress with the second phase of drilling.
After both legs of drilling are complete the explorer intends to use the results for a maiden JORC resource estimate for the project.
A prior independent assessment estimated that the project could host between 85 and 105mln tonnes of mineralisation, at grades of 9 to 11% fluorspar, which equates to at least 8mln tonnes of the mineral.
Tertiary also revealed that Golder Associates will now carry out work which will form the main part of an application for an exploitation concession (or mining permit) for the Storuman fluorspar project in Sweden.
Tertiary said that this work is expected to be completed as originally scheduled, to be done by the end of the year, and additional legal input will follow prior to submitting the application in early 2014.
Meanwhile, on the technical side of the project, Tertiary said that recent metallurgical test work has shown that the mineralisation in the deposit’s higher grade Upper Horizon can be concentrated at coarser sizes than previously anticipated.
This has yielded ‘excellent’ and above average levels of fluorspar recovery, the company said.
Tertiary believes there is now an opportunity to consider treating the two mineralised horizons separately, which opens up new options for plant design and mine planning.
These options will be evaluated at scoping level, before commitments are made to the detailed plant design and costing for the ongoing pre-feasibility study. This means the pre-feasibility study will not be completed until the third quarter of 2014.
Working the delay into his recommendation the Cantor analyst cuts his price target to 16p from 30p, although, he says 30p-plus is still achievable in the longer term.
deltazero
- 18 Dec 2013 08:02
- 67 of 70
rns out - onwards and upwards
required field
- 07 Apr 2014 09:40
- 68 of 70
Looking more and more impressive,,,,when the jorc comes out : perhaps 15p plus !...
queen1
- 17 Jun 2015 12:35
- 69 of 70
Positive update:
Tertiary Minerals confirms a substantial increase in the JORC2 (2012)-compliant Mineral Resource Estimate for its MB Fluorspar Project in Nevada, USA.
Highlights (applying a 9% fluorspar (CaF2) Cut-Off Grade):
· JORC compliant Indicated and Inferred Mineral Resource Estimate - 86.4 million tonnes grading 10.7% CaF2
· JORC compliant Indicated Mineral Resource Estimate - 6.1 million tonnes grading 10.8% CaF2
· JORC compliant Inferred Mineral Resource Estimate - 80.3 million tonnes grading 10.7% CaF2
· Contained fluorspar more than doubled for the MB Project and a 67% increase in the Company's total fluorspar Mineral Resource asset base - JORC2 compliant
· The MB Fluorspar Deposit remains open at depth and in all lateral directions
hangon
- 15 Dec 2015 16:22
- 70 of 70
With "Mining" out of favour this (TYM), and Sunrise [SRES] are just about keeping themselves afloat. Odd then that today after ann. FY losses widen the sp rises 28% - maybe someone pressed Buy when they wanted to Sell?
Is the World waiting for more USA-sourced Fluorspar, I wonder - er, that's I hope so.
EDIT (23Feb2016)- [TYM] sp is 1.25 ( abt 3% fall today ), but mining isn't good.
EDIT (12Jan2017)- sp 0.88p (8% fall today)- Oh so CEO thinks Swedish Mining Regs is not inducive And Flospar prices are too low... Looking for some cash-generating Op to compliment . . . smacks of buying (via Placing?) overpriced C.. who can't manage their assets too well, either. Not +ve, rather an admission we've been sold a pup since yr-1.
EDIT (4Aug2917)- Odd share-split recently and now sp is 0.6pence ( nearly two-a-penny)....can't see anything positive at this level. Must be Fundraising soon...meaning dilution....but nec. to keep going.
EDIT(8Dec2017)-After some gains due to "speculation"(?) sp rose nicely, only to be dashed (sp=1p9), after raising £500k at 1.2p - it should fall to match, but not yet. With Xm+NY approach, can't see any+ve activity until March, maybe?