Tertiary Minerals announces progress at Zambia’s Konkola West project with KoBold Metals. The first drill hole reached a record 2,711 meters, revealing promising copper values. A second hole is underway, and the project timeline has been extended by six months to gather final results.
Tertiary Minerals PLC (AIM:TYM) has announced noticeable advancements at its Konkola West copper project in Zambia. Partner KoBold Metals has been actively drilling as part of an earn-in agreement. Notably, the first drill hole, identified as KWDD001, managed to reach a remarkable depth of 2,711 meters before it was halted due to some technical problems. This depth makes it the longest mineral exploration hole ever recorded in Zambia’s Copperbelt region.
Some initial assay results from KWDD001 revealed notable copper values. These included readings of 2,950 parts per million (ppm) over a 1.05-meter section and deeper sections showing grades of up to 1,050 ppm. Tertiary expects the remaining assay results soon, which will be crucial for bolstering the geological understanding of the area.
In addition, KoBold has begun work on a second drill hole, designated KWDD002, which is already over 1,340 meters deep. The drilling is reportedly on target to intersect the anticipated copper-bearing zone, with geological formations appearing as intended.
To allow time for these final results, the timeframe of their partnership has been extended by six months until December. The Konkola West project benefits from its proximity to several prominent copper mines, including KoBold’s well-known Mingomba deposit.
In summary, Tertiary Minerals has made significant strides in its Konkola West copper project, with remarkable drill depths being achieved. The initial findings hint at substantial copper deposits, and the ongoing drilling efforts continue to progress. With the partnership with KoBold Metals extended, further insights into the project’s geological capabilities are expected soon.
Original Source: www.proactiveinvestors.co.uk
