29th Oct 2014 08:25
LONDON (Alliance News) - Tertiary Minerals PLC shares were up early Tuesday after the company said the phase 3 drilling programme at the MB Fluorspar project in the US state of Nevada was ahead of schedule.
Its shares were up 4.5% to 6.4 pence in early trade.
It expects the drilling at the site to complete in November, ahead of schedule, with 1,800 metres of the provisionally planned 2,480 metres now done. It expects the first analytical results within a fortnight.
"We are pleased that the Phase 3 drilling programme is running ahead of schedule and eagerly await the first batch of analytical results," said Tertiary Managing Director Richard Clemmey.
By Sam Unsted; [email protected]; @SamUAtAlliance
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