Cornish Lithium plc completed more than 13,000 metres of resource evaluation drilling at the end of September at its Trelavour hard rock project. DEMONSTRATION PLANT The company is in the final stages of appointing consultants to produce a revised mineral resource estimate which will feed a feasibility study expected in early 2024. A tender process […]
Tag: Cornish Lithium plc
Cornish Lithium raises £5.1m via crowdfunding
Cornish Lithium plc has raised £5.1 million via crowdfunding for its projects in Cornwall. Funds will advance its Trelavour hard rock project and complete the engineering design work for a demonstration-scale geothermal waters extraction facility.
Cornish Lithium appoints Darryll Castle as a director
Cornish Lithium plc has appointed Darryll Castle, operations director of its cornerstone investor TechMet, as a director. Companies House recorded the appointment of the South African company director effective from 14 September 2023. TechMet’s website states Mr Castle has more than 30 years’ experience in company leadership, project/operational delivery and transformation, technical planning and implementation, […]
Cornish Lithium raises £3m to date via crowdfunding
Cornish Lithium plc had this morning raised £3 million from existing shareholders in its latest crowdfunding campaign of up to £6.9m. The fundraise was today extended to the public. Money received will go towards the hard rock Trelavour project and the engineering design work to build a demonstration-scale geothermal waters extraction facility.
Cornish Lithium receives £53.6m private-public funds
Cornish Lithium plc will receive £53.6 million of private and public funding, with up to a further £168m, for its lithium in hard rock and geothermal waters projects in Cornwall. TRELAVOUR The money will come from the UK Infrastructure Bank (UKIB), The Energy & Minerals Group (EMG) and the company’s current largest investor TechMet. Founded […]