Metals & Minerals News

CRL signs MOU for tungsten off-take

Cornwall Resources Ltd has signed an initial five-year memorandum of understanding for tungsten from its Redmoor project with nuclear fusion technology company Oxford Sigma Ltd. DOMESTIC SUPPLY The two companies will collaborate to explore, develop, promote and secure “critical mineral supply pathways for tungsten” from the east Cornwall deposit to supply the fusion industry. Peter […]

Finance Metals & Minerals News

CRL to re-apply for grant following refusal

Cornwall Resources Ltd will reapply for grant funding after its submission was refused as the company also considers American backing to develop the Redmoor tin-tungsten project. SOURCES Cornwall and Isle of Scilly Council, due to respond in June, rejected the company’s bid to the Shared Prosperity Fund. The new modified application, based on feedback from the […]

Finance Metals & Minerals News

CRL anticipates government funds for Redmoor

Cornwall Resources Ltd said it expected to receive government funding in the future to develop its tin-tungsten project at Redmoor in Cornwall. POLICIES In December, the company applied to Cornwall and Isles of Scilly Council (CIS) for a grant from the Shared Prosperity Fund. Cornwall Resources said that regardless of whether its application was successful, […]

Metals & Minerals News

CRL’s data indicate tin-tungsten mineralisation trends

Cornwall Resources Ltd reported new areas of mineral prospectivity near surface for tin and tungsten within the company’s licence area west of Redmoor. PHASE I The results are from the first data released today in the Deep Digital Cornwall (DDC) project which aims to help create businesses applying digital solutions to below ground, mining and […]

Equipment & Logistics Metals & Minerals News

CRL might defer drilling due to lack of drill and crews

Cornwall Resources Ltd said that a drill and crews shortage might delay its four-hole drill campaign on a previously identified tin prospect, west of the Redmoor tin-tungsten-copper project. HIGH ACTIVITY Parent company Strategic Minerals plc reported that high activity in the region by other companies had led to a lack of machinery and personnel. Cornwall […]