Cornish Metals reported an unexpectedly high-grade intersection of 2.19% tin more than 100 metres below any historic mining at South Crofty mine in Cornwall. Cornish Metals said the results reflected the mine’s potential and the possible discovery of “economic structures” in areas of the mine not previously considered. The company contrasted the findings with the […]
Tag: Cornwall
Cornish Metals grants incentive stock options to PDMRs
Cornish Metals Inc has announced the issuance of 5,150,000 incentive stock options to directors and senior management. CORNISH METALS The options have an exercise price of 10 cents per share and are valid for a five-year period which is due to expire on 18 August 2025. The Canadian company, previously called Strongbow Exploration, is an […]
Cornish Lithium attracts further shareholder funding
Cornish Lithium (CLi) has raised more than £826,000 from shareholders, allowing it to continue exploration for lithium at United Downs mines in central Cornwall. The company is mining for lithium in geothermal waters and in hard rock, and funds raised will add to the successful drilling programmes that concluded earlier this year. CLi plans further phases […]
Is the UK ready for the 21st century gold rush?
“A quadrupling in lithium and a doubling in cobalt production will be needed. This is the ‘gold rush’ of the 21st century” – Faraday Institution Feature: Globalisation, once a benchmark for progress, has become a word that signals caution. The pandemic has revealed that weaknesses in the global supply chain results in delays, gluts and […]