Tertiary Minerals PLC Kaaresselka Gold Royalty (2725B)
October 06 2020 - 9:20AM
UK Regulatory
TIDMTYM
RNS Number : 2725B
Tertiary Minerals PLC
06 October 2020
6 October 2020
Tertiary Minerals plc ("Tertiary" or "the Company")
Kaaresselkä Gold Royalty
Tertiary Minerals plc is pleased to note the announcement today
by TSX listed Aurion Resources Ltd ("Aurion") that it has completed
its maiden drill programme at the Kaaresselkä Project in Finland
where Tertiary holds various royalty interests as set out in its
news release dated 3 September 2020.
The programme comprised 12 holes for a total of 2,400 m and
targeted the depth and strike extensions of the shallowly defined
footprint of gold mineralization over 1 km. Drill c ore is being
processed and submitted for assay.
For more information please contact:
Tertiary Minerals plc:
Patrick Cheetham, Executive
Chairman +44 (0) 1625 838 679
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SP Angel Corporate Finance LLP
Nominated Adviser and Broker
Richard Morrison +44 (0) 203 470 0470
------------------------------
Caroline Rowe
------------------------------
Peterhouse Capital Limited
Joint Broker
Lucy Williams + 44 (0) 207 469 0930
-------------------------------
Duncan Vasey
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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.
Additional Information :
Kaaresselkä is an advanced gold exploration project located
approximately 4 km south of Aurion's bonanza grade Aamurusko Main
gold discovery. Kaaresselkä was originally discovered through
base-of-till sampling by the Finnish Geological Survey (GTK) in
1987 and was drilled by both GTK and Tertiary with 127 historical
drill holes having been completed, mostly to depths less than 100
m. Drilling results included 11.01 g/t Au over 4.90 m. Aurion is a
TSX listed company backed by Kinross Gold Corp. and B2 Gold
Corp
Note to Editors:
Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-traded
mineral exploration and development company building a
multi-commodity project portfolio.
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END
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