Cornish Metals Inc announced it would conduct its first drill programme at its copper-tin project at United Downs, Cornwall. It will also undertake initial field work on other high priority exploration targets within transport distance of South Crofty. The Canadian miner will use funds raised for the operations from a private placing which raised £8.2 […]
Tag: South Crofty
Cornish Metals narrows losses
Cornish Metals Inc ended its last financial year with a low cash balance but narrowed losses at its copper-tin projects in South Crofty and United Downs, Cornwall. In its financial results for the year ended 31 January 2021, the Canadian exploration and development company recorded a cash balance of CA$353,601 [£207,000] (31 Jan 2020: $1,305,253). […]
Cornish Metals reports 10% tin at 976m in South Crofty
Cornish Metals has reported findings of 10.33% tin at depths of between 974.20 metres and 976.80m, including 39.60% tin from 975.77m, at South Crofty mine in Cornwall. The figures were released today in the company’s final set of assay results from its recently completed diamond drilling programme. Cornish Metals drilled hole SDD20-001 and two wedged daughter […]
Cornish Metals finds deeper high-grade tin in South Crofty
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 […]
South Crofty drill shows high grade tin-copper
Cornish Metals has announced high-grade tin and copper results from its first batch of the South Crofty 2020 diamond drill programme in the village of Pool, Cornwall. The Canadian miner reported that it had intersected multiple lode structures with the results showing high grade metal mineralisation. The company has also intersected three additional lode structures […]
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 […]