Tertiary Minerals, an AIM-listed mineral exploration and development company, has secured approval for the environmental project brief (EPB) for its Mupala Copper Project in Zambia.
This milestone allows Tertiary Minerals to commence mineral exploration activities at the Mupala project, following the approval granted by the Zambia Environmental Management Agency. The approval comes after obtaining a letter of consent from the Sailunga Chiefdom earlier this year.
Preparations are underway to kickstart work programs next month, which will include soil sampling to verify identified anomalies and assist with surface regolith mapping.
Situated 12km west of the company’s Mukai Project and adjacent to the Anglo American/Arc Minerals joint venture (JV), the Mupala Copper Project is strategically located in a region renowned for its copper and nickel mines. Anglo American has the option to earn a 70% interest in the JV by spending $88.5m (£70.62m).
The project’s location in the Domes Region of north-west Zambia, near the Kabompo Dome, positions it close to several producing mines, including First Quantum Mineral’s Sentinel complex.
Recent historical data has revealed multiple copper-in-soil anomalies within the license area, suggesting the potential for significant mineral deposits.
Patrick Cheetham, Executive Chairman of Tertiary Minerals, expressed his satisfaction with the EPB approval, emphasizing the project’s prospectivity.
He noted the competition for the license, which was granted to Tertiary Minerals despite interest from major players like Anglo American Corporation, now engaged in exploration activities including diamond drilling on adjacent licenses.
SOURCE:copperbeltkatangamining.com
