Cornish Metals Inc said that Cornish Lithium Ltd had extended its option for a further 12 months to explore the company’s mineral rights for minerals-in-brine in Cornwall. TERMS In January 2017, the Canadian company granted Cornish Lithium an option to explore for minerals in brine and geothermal waters on its mineral rights in the county. […]
Tag: Cornish Lithium Ltd
Cornish Lithium releases MRE for Trelavour hard rock
Cornish Lithium Ltd announced an initial JORC-compliant estimate for inferred resource at its Trelavour hard rock project in Cornwall. REPORT Mining Plus UK Ltd conducted the mineral resource estimate (MRE) for the project which lies in a non-operational china clay pit in St Austell. The total MRE is 1.7 million tonnes inferred resource at […]
Cornish Lithium to receive up to £18m from TechMet
Cornish Lithium Ltd is to receive up to £18 million from technology metals investment company TechMet Ltd. TERMS The investment, subject to shareholder approval, will be in two tranches raising up to £18m at a weighted average subscription price of 16.12 pence per share. Tranche one sees the South African investor subscribe for £9m new […]
Investor nominee Simon Gardner-Bond joins Cornish Lithium board
Cornish Lithium announced that Simon Gardner-Bond will join the board as nominee of South African investment company TechMet. Mr Gardner-Bond is TechMet’s chief technical officer and has a 20-year career as a geologist and mining analyst. He was senior metals and mining analyst at Investec Asset Management, helping to manage multi-billion dollar funds focused on […]
Cornish Lithium CEO joins critical minerals committee
Cornish Lithium Ltd’s founder and chief executive has joined the UK’s first Critical Minerals Expert Committee to secure technology minerals and metals for the country. STRATEGY Jeremy Wrathall will sit alongside a number of other industry and academic experts on the committee, established by business secretary Kwasi Kwarteng. Other committee members announced include Simon Moore […]
Cornish Lithium appoints Henry Chalcraft as land agent
Cornish Lithium Ltd has appointed Henry Chalcraft as land agent. Mr Chalcraft has more than 20 years’ experience in natural capital management within the forestry, farming and mining industries. He trained in forestry and estate management, before working with lowland estates in the West Country and overseas, managing commercial and sporting woodlands as well as […]