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 […]
Tag: lithium
Power Metal identifies REE-uranium targets at Selta
Power Metal Resources plc said it had identified multiple rare earth element (REE)-uranium targets with additional tin and lithium prospectivity at its Selta project in the Northern Territory, Australia. DATA REVIEW The company’s 83.33%-owned subsidiary First Development Resources Ltd (FDR) holds the project. Consultants for FDR have now completed an in-depth review of all publicly available geological, geophysical […]
British Lithium hosts visit from business secretary
British Lithium Ltd received a visit today from the Business Secretary to the company’s pilot plant near Roche in Cornwall. LITHIUM CARBONATE Secretary of State at the Department of Business, Energy and Industrial Strategy, Kwasi Kwarteng MP, met key members of the team and toured the plant. He also saw some of the lithium carbonate […]
Cornish Lithium extends exploration rights with Cornish Metals
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. […]
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 […]