Tertiary Minerals show more high grade results from Mushima North

Original announcement by proactiveinvestors on

Company
Tertiary Minerals PLC
Ticker
TYM
Exchange
Unavailable
Region
Zambia
Primary commodity
Silver
Secondary commodities
Copper, Zinc
Document categories
Drill results, Other
Extracted
2026-09-18 07:33:53 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Tertiary Minerals has reported high-grade silver-copper-zinc drill results from the Mushima North project in Zambia, including a 52m intercept at 99 g/t Ag and a 10m intercept at 165 g/t Ag. The results indicate mineralisation is extending beyond previous targets and remains open at depth, with a new shallow copper discovery also noted at the Western Zone.

Reasoning: Strong high-grade intercepts in a known discovery zone and evidence of extension beyond previous boundaries.

Positive factors

  • High-grade silver-copper-zinc intercepts reported
  • Mineralisation extending beyond current Exploration Target
  • New shallow copper discovery at Western Zone
  • Mineralisation remains open at depth

Facts used in scoring: 7

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling showed mineralisation continuing beyond the current Exploration Target and existing modelled boundary.

Evidence · text

“drilling showing mineralisation continuing beyond the current Exploration Target”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 165 g/t silver is exceptionally high for the reported context.

Evidence · text

“165 g/t silver”

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (7)

Fact 1Mushima North · silverGrade: 99Grade Unit: g/tIntercept: 52 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Mushima North
Commodity
silver
Region
zambia
Reported Region
zambia
Ticker
TYM

Geometry

Grade
99
Grade Unit
g/t
Intercept
52 m
From
39 m
To
91 m
Intercept Depth
39 m

Classification

Sample Type
drill
Group ID
Mushima_North:39-91

Location

Location
Discovery Zone
Loc. Source
document

QA/QC

QA/QC Methods
standards

Metal Equivalent

Metal Eq. Grade
130
Metal Eq. Unit
g/t silver

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-18T00:00:00.000Z

Reasoning: High grade silver intercept over significant width.

Positive factors

  • Strong intersection in Discovery Zone

Evidence · text

“52 metres grading 99 grams per tonne silver, 0.41% copper and 0.43% zinc from 39 metres downhole, equivalent to 130 g/t silver”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

Fact 2Mushima North · copperGrade: 0.41Grade Unit: %Intercept: 52 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Mushima North
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
TYM

Geometry

Grade
0.41
Grade Unit
%
Intercept
52 m
From
39 m
To
91 m
Intercept Depth
39 m

Classification

Sample Type
drill
Group ID
Mushima_North:39-91

Location

Location
Discovery Zone
Loc. Source
document

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-18T00:00:00.000Z

Reasoning: Part of a high-grade polymetallic intercept.

Evidence · text

“0.41% copper”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 3Mushima North · zincGrade: 0.43Grade Unit: %Intercept: 52 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Mushima North
Commodity
zinc
Region
zambia
Reported Region
zambia
Ticker
TYM

Geometry

Grade
0.43
Grade Unit
%
Intercept
52 m
From
39 m
To
91 m
Intercept Depth
39 m

Classification

Sample Type
drill
Group ID
Mushima_North:39-91

Location

Location
Discovery Zone
Loc. Source
document

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-18T00:00:00.000Z

Reasoning: Part of a high-grade polymetallic intercept.

Evidence · text

“0.43% zinc”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 4Mushima North · silverGrade: 165Grade Unit: g/tIntercept: 10 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Mushima North
Commodity
silver
Region
zambia
Reported Region
zambia
Ticker
TYM

Geometry

Grade
165
Grade Unit
g/t
Intercept
10 m

Classification

Sample Type
drill

Location

Location
Discovery Zone
Loc. Source
document

QA/QC

QA/QC Methods
standards

Metal Equivalent

Metal Eq. Grade
238
Metal Eq. Unit
g/t silver

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-18T00:00:00.000Z

Reasoning: Exceptional silver grade over 10m.

Positive factors

  • Very high grade silver

Evidence · text

“10-metre interval returned 1.01% copper, 165 g/t silver and 0.78% zinc, equivalent to 238 g/t silver or 3.97% copper”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

Fact 5Mushima North · copperGrade: 1.01Grade Unit: %Intercept: 10 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Mushima North
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
TYM

Geometry

Grade
1.01
Grade Unit
%
Intercept
10 m

Classification

Sample Type
drill

Location

Location
Discovery Zone
Loc. Source
document

QA/QC

QA/QC Methods
standards

Metal Equivalent

Metal Eq. Grade
3.97
Metal Eq. Unit
% copper

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-18T00:00:00.000Z

Reasoning: Strong copper grade within a high-grade silver interval.

Evidence · text

“1.01% copper”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

Fact 6Mushima North · zincGrade: 0.78Grade Unit: %Intercept: 10 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Mushima North
Commodity
zinc
Region
zambia
Reported Region
zambia
Ticker
TYM

Geometry

Grade
0.78
Grade Unit
%
Intercept
10 m

Classification

Sample Type
drill

Location

Location
Discovery Zone
Loc. Source
document

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-18T00:00:00.000Z

Reasoning: Zinc component of high-grade interval.

Evidence · text

“0.78% zinc”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 7Mushima North · copperGrade: 0.38Grade Unit: %Intercept: 25 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Mushima North
Commodity
copper
Region
zambia
Reported Region
zambia
Ticker
TYM

Geometry

Grade
0.38
Grade Unit
%
Intercept
25 m
From
19 m
To
44 m
Intercept Depth
19 m

Classification

Sample Type
drill
Group ID
Mushima_North:19-44

Location

Location
Western Zone
Loc. Source
document

QA/QC

QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-18T00:00:00.000Z

Reasoning: Preliminary pXRF results for a new discovery; lower confidence than lab assays.

Positive factors

  • New shallow discovery

Negative factors

  • Preliminary pXRF results

Evidence · text

“preliminary pXRF results included 25 metres at 0.38% copper from 19 metres”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.