Extractive Industries

Cornish Metals intersects further high grade metals at United Downs

Cornish Metals Inc. announced further high grade tin-copper-silver-zinc intersections from its diamond drill programme at United Downs, Cornwall.

Discovery: new mineralisation underscores the prospective and under-explored nature of United Downs (Cornish Metals)

DRILL PROGRAMME

The assay results are from holes, UD21-006 and UD21-008, which are part of the continuing drill programme, with reported intercepts being drilled lengths.

Chief executive Richard Williams said that the results continued to demonstrate the presence of multiple mineralised structures within the United Downs Lode target area.

“The intercepts in the latest holes do not appear to be part of UD Lode itself but represent new sub-parallel zones of mineralisation, including some exceptionally high tin grades.

“This is the first time we have encountered high-grade zinc mineralisation, which occurs as coarse black sphalerite, and also note the high silver grades associated with the copper-rich zones.

“Additional drilling is required to understand the geometry and scale of these zones.

“The continued discovery of new mineralisation by the current drilling underscores the prospective and under-explored nature of the United Downs area for near surface tin, copper, zinc and silver.”

Drill Hole From
(m)
To
(m)
Length
(m)
Copper
(% Cu)
Tin
(% Sn)
Zinc
(% Zn)
Silver
(g/t Ag)
Copper Equivalent
(% Cu Eq.)
UD21_006215.41217.021.611.230.4614.03.08
UD21_008153.02154.010.991.810.060.5874.92.83
UD21_008160.00161.621.629.750.060.636.84
UD21_008164.57193.4528.881.500.050.2863.42.29
Including167.49174.216.723.670.070.80202.45.82
Including187.61191.624.011.160.030.0414.71.39
Including192.27193.451.182.480.020.1426.42.81
UD21_008287.39292.204.810.560.248.9927.14.82
True thicknesses of mineralised intercepts are estimated to range 20-50% of the drilled lengths. Cu Eq use: copper – $9,800/t; tin – $37,000/t; zinc – $3,400/t; and silver – $24/oz (Cornish Metals)

CORNISH METALS

The Canadian company owns 100% interest in the South Crofty tin and United Downs copper-tin projects, and additional mineral rights in Cornwall.

The additional mineral rights cover an area of approximately 15,000 hectares and are distributed throughout the county.

Some of these mineral rights cover old mines that were historically worked for copper, tin, zinc, and tungsten.

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