Metals & Minerals News

Cornish Metals extends South Crofty acreage

Cornish Metals Inc has purchased 7.7 acres to accommodate future site works immediately next to surface infrastructure at its South Crofty tin project in Cornwall. NORTH WINDER The area, lying between New Cook’s Kitchen shaft and the existing surface land containing the water treatment plant, increases the Canadian company’s total holding to 28.5 acres (11.5ha). […]

Finance Metals & Minerals News

Cornish Metals to restore NCK shaft early

Cornish Metals Inc will refurbish New Cooks Kitchen shaft ahead of schedule to ensure safety and allow larger equipment to access South Crofty tin mine at an earlier stage. FUNDING The company said it would reallocate proceeds from the May 2022 fundraising for the work. The rate of mine dewatering will also be reduced, with […]

Equipment & Logistics Metals & Minerals News

South Crofty mine water levels fall faster than expected

Cornish Metals Inc said that water levels are falling quicker than expected during the dewatering of South Crofty tin mine. UNDERGROUND WORKINGS Operations began in early November with up to 25,000m3 per day of water pumped directly from the mine to the water treatment plant before discharge into the Red River. The Canadian company said […]

Equipment & Logistics Metals & Minerals News

South Crofty drill samples tests exceed expectations

Cornish Metals Inc reported better than expected results from metallurgical testwork on drill samples from the South Crofty tin project in Pool, Redruth. UPGRADING POTENTIAL TOMRA Sorting GmbH completed X-Ray transmission (XRT) ore sorting and Wardell Armstrong International conducted the heavy liquid separation (HLS) preconcentration testwork. XRT resulted in 55% mass rejection and <3% metal […]

Metals & Minerals News

Cornish Metals grants 800,000 options to CDO Fawzi Hanano

Cornish Metals Inc will issue 800,000 options over common shares to its chief development officer Fawzi Hanano. The options have an exercise price of £0.18 per share, the same as those granted earlier in 2023 and the investment price paid by Vision Blue Resources in the £40.5 million fundraise in May 2022. The granted options […]