Cornwall Resources Ltd (CRL)’s completed field activities for the Deep Digital Cornwall (DDC) project have indicated “significant mineralisation trends near surface” at its Redmoor licence. TARGETS Parent company Strategic Minerals plc said that CRL submitted analytical data for 2,186 soil samples and a highly detailed ground gravity survey and 3D interpretation. The updated results improve […]
Tag: Strategic Minerals plc
CRL consultant Jeffrey Harrison to retire
Cornwall Resources Ltd’s community consultant Jeffrey Harrison is retiring from his role as non-executive director of parent company Strategic Minerals plc. Mr Harrison, who is leaving for personal reasons, worked at Strategic Minerals (SML) for a total seven years, of which five was spent as a NED. “I will continue to support the Cornwall Resources […]
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, […]
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 […]
CRL extends Redmoor licence by 10 years
Cornwall Resources Ltd has extended its existing exploration licence agreement to 2037 for the Redmoor copper-tin-tungsten project. LICENCE In October 2012, New Age Exploration Ltd held the original exploration licence which was due to expire in 2027. The licence covers 23km2 surrounding the Redmoor deposit in East Cornwall and provides the rights to explore over the […]
Strategic Minerals raises £400,000 via directors’ dealings
Strategic Minerals plc has raised £400,000 before expenses by way of a placing and subscription of 106,666,667 new ordinary shares of 0.1p each at a price of 0.375p per share. DIRECTORS DEALINGS Peter Wale (executive director) and John Peters (managing director) have each agreed to subscribe for 4 million placing shares pursuant to the placing. […]