Metals & Minerals News

Cornish Metals drill tests ‘district-scale’ target

Cornish Metals Inc has begun a 14-hole exploration drill programme for 9,000 metres to test a possible district-scale tin target at Wide Formation in Carn Brea South. EXPANSION Discovered in January, the target lies along the southern boundary of the South Crofty underground mine permission area. The Canadian company infers Wide Formation to lie parallel […]

Metals & Minerals News

Cornish Metals MRE shows increase of contained tin

Cornish Metals Inc’s revised mineral resource estimate (MRE) showed an increase of contained tin in the indicated and inferred categories at South Crofty. REVIEW A 31.6% increase was recorded in the indicated while the inferred saw a rise of 15.5% in contained tin. The MRE, prepared in-house and externally verified, focuses on the tin-only section […]

Company Moves Metals & Minerals News

Cornish Metals appoints Fawzi Hanano as CDO

Cornish Metals Inc has appointed Fawzi Hanano to the non-board role of chief development officer. Mr Hanano is a finance professional with more than 20 years’ experience in the mining industry and global investment banks. With expertise in investor relations, capital markets and corporate strategy, he was previously head of investor relations and communications at […]

Equipment & Logistics Metals & Minerals News

Cornish Metals pumps first water in 25 years from South Crofty

Cornish Metals Inc has started pumping the first water in a quarter of a century using two submersible pumps in New Cook’s Kitchen shaft from South Crofty tin mine. TREATMENT PLANT Two KSB BSX 463/5 specialist high-head 950 kilowatt vertical submersible pumps, manufactured and supplied by KSB Ltd, sit approximately 360m below surface. The pumps […]

Equipment & Logistics Metals & Minerals News

Cornish Metals instals second submersible pump at South Crofty

Cornish Metals Inc has installed the second submersible pump to dewater the mine at the South Crofty tin project in Cornwall. COMMISSIONING The pumps, in New Cooks Kitchen shaft, are for stage I of the two-stage mine dewatering programme. The specialist high-head 950 kW vertical submersible pumps manufactured by KSB in Germany are controlled by […]

Metals & Minerals News

Cornish Metals grants 11m share options to executives and senior staff

Cornish Metals Inc has granted 11 million incentive stock options over common shares in the company to executive management and senior staff. PDMRs  The exercise price is £0.18 per share, the same as the investment price paid by Vision Blue Resources in the May 2022 fundraise of £40.5m. Chief executive officer Richard Williams received 2.4m […]