Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An announcement from Tertiary Minerals ( (GB:TYM) ) is now available.
Tertiary Minerals has provided an update on its Konkola West Copper Project in Zambia, where KoBold Metals is conducting deep drilling operations under an Earn-In Agreement. The drilling of hole KWDD001 has reached a depth of over 2,600 meters, with plans to extend to 3,000 meters, although progress has been slower than anticipated due to geological challenges. KoBold plans to begin a second drill hole shortly after the completion of the first, with the goal of further exploring the Copperbelt Orebody Member. An extension of the Earn-In Agreement has been agreed upon to accommodate the slower drilling progress, and both companies are optimistic about the data gathered from this groundbreaking project, which has involved substantial investment and the deepest hole ever drilled in the Zambian Copperbelt.
More about Tertiary Minerals
Tertiary Minerals is a company involved in the mining industry, focusing primarily on exploration and development of mineral resources. The company’s market focus is on the Zambian Copperbelt, working alongside partners to explore and potentially develop copper ore resources.
YTD Price Performance: -13.33%
Average Trading Volume: 30,676,005
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.95M
For a thorough assessment of TYM stock, go to TipRanks’ Stock Analysis page.
