Tertiary Minerals shares rise following approval of Mupala project specifications

Tertiary Minerals shares rise following approval of Mupala project specifications
Tertiary Minerals shares rise following approval of Mupala project specifications

(Alliance News) – Tertiary Minerals PLC said on Thursday that the environmental file for its Mupala copper project in Zambia has been approved.

Tertiary Minerals shares rose 14% to 0.10 pence each in London on Thursday afternoon.

Tertiary is a mineral development company focused on deposits in the United States, Zambia and Northern Europe.

The approval of the EPB paves the way for the start of mineral exploration activities at Mupala, the company said.

Chairman Patrick Cheetham said: “We are delighted to announce the approval of the EPB which, with the receipt of the letter of consent from Sailunga Chiefdom, allows us to begin exploration of the Mupala project.

“The strategic location of our Mupala and Mukai projects in the Kabompo Dome region and the Konkola West project in the traditional copper belt, where KoBold Metals is currently drilling, places Tertiary at the heart of Zambia’s mining boom and we are looking forward to providing updates on our exploration season as it unfolds.

By Sabrina Penty, journalist at Alliance News

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