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Tertiary Minerals PLC - mineral development company focused on deposits in the US, Zambia and Northern Europe - Announces the start of exploration operations at its Mupala copper project in the Kabompo Dome in Zambia. Notes the project is located adjacent to the Anglo American/Arc Minerals joint venture project, where Anglo American has a right to earn a 70% interest through expenditure of $88.5 million, and 12 km west of the company’s Mukai project. Expects work to start this week with reporting of provisional results upon completion. Executive Chair Patrick Cheetham says: ‘Momentum is now building for our current exploration season. Drilling is in progress at Konkola West with KoBold Metals and Mwashia Resources and we announced last week the consolidation of three additional projects into our new subsidiary, Copernicus Minerals, where drilling plans are also being advanced.’ Current stock price: 0.14 pence 12-month change: up 32% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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