Metals & Minerals News

Cornish Metals progresses South Crofty

Cornish Metals Inc has started the second phase of refurbishing the New Cook’s Kitchen shaft at South Crofty tin mine in Cornwall.

Advance: towards financing and starting production in 2027 (Cornish Metals)

DEWATERING

Operations will include installation of the phase II work platform to enable faster replacement of old shaft timbers with new steel guides.

In parallel, the Canadian company is maintaining the water level in NCK at approximately 280 metres below surface, with the treated water discharged within permitted standards into Red River.

The submersible pumps are operating at a rate of approximately 300 cubic metres per hour and the water treatment plant operating to specifications.

Shaft refurbishment and mine dewatering is anticipated to reach the 195-fathom level (350m below surface) in Q4.

Refurbishment of the 195-fathom pump station and installation of permanent pumps is scheduled for completion in the first quarter of 2025.

Cornish Metals still expects to complete refurbishment of NCK shaft and dewatering of South Crofty Mine to the 400-fathom level (730m below surface) during Q3 2025.

Additionally, the 14-hole exploration drill programme for 9,000m is now complete in the district-scale tin target of Wide Formation in Carn Brea South, with assays pending.

All the drill holes intersected the structure, located parallel to and between the South Crofty mine workings and the historically mined Great Flat lode.

The company added it continued to look at selling its non-core assets outside the UK and has received initial payment from the CA$8 million sale of its Nickel King project.

It also expects to appoint a new chief executive officer during this third quarter.

Interim CEO Ken Armstrong said: “The Cornish Metals team continues to progress our work plans, both on site and at the corporate level, as we maintain our focus on advancing the wholly owned and fully permitted South Crofty tin project, in the UK, towards project financing with the aim of commencing production in 2027.”