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Tertiary Minerals (TYM) is celebrating encouraging results from the third phase of drilling in the western area of its MB fluorspar project in Nevada, described by managing director Richard Clemmey as ‘some of the most promising results encountered to date’. The Macclesfield-based company, which has given investors little to cheer about since entrepreneurial executive chairman Patrick Cheetham floated it on AIM 16 years ago as a tantalum play, highlights three holes in particular at MB, where it has already established a maiden formal resource estimate of 8.9 million tonnes indicated with 10.3% fluorspar and 29.5 million tonnes in the more tentative ‘inferred category with 10.4% fluorspar.
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