Cornish Tin Ltd reported positive results from its phase II exploration drilling at Great Wheal Vor in Cornwall. GOLDILOCKS From February to April, the company completed 2,810 metres diamond drilling with 1,506m focused on tin and 1,304m on the new lithium field intercepted in phase I. In phase II, drillhole four tested and proved a conceptual […]
Tag: Cornish Tin Ltd
Cornish Tin raises £2m via placing-crowdfunding
Cornish Tin Ltd ended last year with a total £2,080,000 million raised via a private placing by its shareholders and crowdfunding. EXPLORATION Funds will be used for working capital and to progress phase II drilling, started on 15 February 2024, after receiving permission on 9 January from Cornwall Council. Contractor Priority Drilling UK Ltd is […]
Cornish Tin to fundraise for second lithium-tin drill
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 […]
Cornish Tin raises £900,000
Cornish Tin Ltd said the entire allocation of shares for a fundraise had sold out after reaching £900,000 for its Great Wheal Vor project near Breage. Chief executive Sally Norcross-Webb added that the raise, opened at 10am today to those who had previously expressed interest, resulted in an oversubscription of more than 250%.
Cornish Tin opens fundraise to public
Cornish Tin Ltd said that following “an extremely strong response” it would extend its recent fundraise to the public for its Great Wheal Vor project. MINERAL RIGHTS Money received will advance work at a group of 26 former producing tin and copper mines near the village of Breage in Cornwall. The company added it had […]
Cornish Tin plans crowdfunding for Great Wheal Vor
Cornish Tin Ltd plans to raise finance via crowdfunding for its tin-copper-lithium-tungsten project at Great Wheal Vor near the village of Breage in Cornwall. FULL RIGHTS The company’s first and flagship project is the group of 26 former producing tin and copper mines in the mining district of Breage. Cornish Tin owns full rights to extract […]