Cornish Metals Inc has purchased 7.7 acres to accommodate future site works immediately next to surface infrastructure at its South Crofty tin project in Cornwall.
NORTH WINDER
The area, lying between New Cook’s Kitchen shaft and the existing surface land containing the water treatment plant, increases the Canadian company’s total holding to 28.5 acres (11.5ha).
Director and interim chief executive Ken Armstrong said that the acquired land was of strategic importance to Cornish Metals.
“The purchased land includes the location of the North Winder for New Cook’s Kitchen shaft, South Crofty’s main production shaft, as well as a large area adjacent to the proposed site of the project’s permitted processing plant.
“The land will provide additional space for future site works as well as opportunities for potential operating cost savings, renewable energy initiatives and improved overall property security.
“Importantly, the enlarged surface footprint for South Crofty now removes reliance on existing right-of-passage agreements and allows the company complete control over the timing for refurbishment of the North Winder.”