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Tertiary Minerals ( (GB:TYM) ) has shared an update.
Laboratory assays from Phase 3 drilling at Mushima North’s Target A1 delivered Tertiary’s highest-grade silver-copper intersection to date—97m at 85 g/t silver equivalent from near surface—plus the strongest copper interval yet at 13m grading 1.46% Cu, extending the mineralised footprint to 450m by 400m and pushing mineralisation depth to 103m while remaining open in multiple directions. The results bolster the company’s bulk-tonnage open-pit concept, feed into a JORC Exploration Target due within weeks, and set the foundation for dry-season drilling aimed at a maiden resource by end-2026, underscoring Mushima North’s growing strategic importance for Tertiary and its shareholders.
Spark’s Take on GB:TYM Stock
According to Spark, TipRanks’ AI Analyst, GB:TYM is a Neutral.
The overall stock score of 53 reflects a company in a challenging financial situation with consistent losses and negative cash flows. However, its strong equity position and promising exploration projects in Zambia and Nevada offer potential upside. The technical indicators suggest neutral momentum, but valuation concerns persist due to negative earnings.
To see Spark’s full report on GB:TYM stock, click here.
More about Tertiary Minerals
Tertiary Minerals plc is a UK AIM-listed mineral exploration company focused on discovering silver, copper, and zinc deposits, with current exploration centred on the Mushima North Project in Zambia’s Iron-Oxide-Copper-Gold belt.
Average Trading Volume: 61,299,725
Technical Sentiment Signal: Buy
Current Market Cap: £4.25M
Find detailed analytics on TYM stock on TipRanks’ Stock Analysis page.