MARCH 7, 2001

GEITA EXPLORATION MANAGER JOINS AS SENIOR GEOLOGIST

. Hugh Stuart Moves From Ashanti To Tertiary

Aim-listed Tertiary Minerals, which is actively exploring nine mineral properties in Scandinavia, has appointed Mr Hugh Stuart as Senior Geologist.

Mr Stuart joins the Cheshire-based company from Ashanti Goldfields where he was exploration manager for the Geita Project in Tanzania from initial exploration into production. During this time 10m ounces of gold resources were established in three deposits at Geita where mining started in June last year. In particular Mr Stuart was instrumental in the discovery of the 7.5m ounce Nyankanga orebody. The Geita mine, now jointly owned by Ashanti and AngloGold, produced more than 176,000 ounces of gold during its first six months.

Mr Stuart, 36, graduated as a geologist from University of Manchester and then gained an MSc Mineral Exploration from University of Leicester. Since then he has worked for Kenmare Resources, the Irish company, at its heavy mineral s

Further Information:

Patrick Cheetham, Executive Chairman, Tertiary Minerals plc, Tel: 01625-626203

Ron Marshman or Ken Gooding, City of London PR, Tel: 020-7628-5518