Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
Tertiary Minerals upbeat on fresh Brunton Pass findings
(Sharecast News) - Tertiary Minerals announced optimistic findings from a recent geophysical survey at its Brunton Pass Copper-Gold Project in Nevada on Thursday. The AIM-traded firm said the survey, encompassing induced polarisation (IP) and resistivity techniques over 7.2 line-kilometres across four lines, spanning a total target strike length of 700 metres, revealed a coherent electrical chargeability anomaly indicative of sulphide mineralisation.
That anomaly, potentially bearing copper or gold, was observed consistently across all IP survey lines.
Of particular significance was the spatial correlation noted between the chargeability anomaly and previously-identified geological features.
Those include copper-mercury-arsenic soil anomalies, an alteration zone in trench T11 displaying heightened levels of pathfinder elements arsenic and mercury, and a gold-bearing zone in trench T2 where gold values reached up to 2.7 grams per tonne.
Moreover, resistivity variations seen in the survey were found to align with surface geology, aiding in the delineation of subsurface geological structures.
Given the promising nature of the findings, the identified chargeability anomaly had been designated as a high-priority drill target for potential epithermal gold or porphyry copper mineralisation.
Tertiary Minerals said it intended to schedule drilling activities as budgets permitted, ensuring alignment with its broader exploration strategy, including activities in Zambia.
"The IP anomaly defined by this survey is large and present over the full 700 metre length tested by the survey," said executive chairman Patrick Cheetham.
"The results from our previous rock, soil and trench sampling all vector towards this anomaly which is now a compelling drill target for the discovery of an epithermal gold or porphyry deposit."
Cheetham said much attention had been focussed on the firm's copper exploration projects in Zambia, particularly on the Konkola West Project, where drilling was in progress with the potential to deliver "transformational" results for the company.
"However, we continue to advance our key projects in Nevada, so I am pleased to be reporting these new results."
At 1030 BST, shares in Tertiary Minerals were up 4.86% at 0.1p.
Reporting by Josh White for Sharecast.com.
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Doing Business with Fidelity | Diversity, Equity & Inclusion Reports | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing policy
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.