Cornish Tin Ltd aims to raise further funds via a limited shares offer for its tin-copper-lithium-tungsten project at Great Wheal Vor near the village of Breage.
USES
Money, raised through crowdfunding, will go towards its second exploration drilling campaign and working capital.
The first exploration programme for 6,500 metres showed tin grades of up to 6.28% as well as lithium in the rare G5 granite.
Cornish Tin owns full rights to extract all minerals including tin and lithium on the site.