LONDON (ShareCast) - Mineral exploration outfit Tertiary Minerals continues to progress on its MB Flurospar project in the U.S. state of Nevada.

On Wednesday the company announced that the U.S. Bureau of Land Management (BLM) has approved the commencement of drilling operations there, with the drilling contract having been assigned to Boart Longyear.

Commenting today, Operations Director Richard Clemmey said: "We are delighted that we now have the necessary approvals to start our drilling on the MB Project."

Fluorspar is an essential raw material in the chemical, steel and aluminium industries.

The first phase of the program will determine which is the most cost-effective drilling technique to employ. The analytical results are expected by late August the company says.

The second phase of the drilling programme will establish the extent of higher grade areas in the centre of the known deposit.

Shares in the AIM traded company were rising by 12.82% to 5.5p by 13:16PM.

AB

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