Metals & Minerals News

Tungsten West records £5m losses

Tungsten West plc said its recorded losses of nearly £5 million was in line with expectations for the current stage of the tin-tungsten project at Hemerdon Mine in Devon. FINANCES In its half-year results for the six months ended 30 September 2021, the company’s losses were £4,990,226 (2020: £3,631,500) with administrative expenses of £1,763,573 (2020: […]

Finance Metals & Minerals News

Tungsten West raises £18,544 via option exercise

Tungsten West plc raised £18,544.22 after receiving notices to exercise options to subscribe for 1,854,422 new ordinary shares of one penny each at an exercise price of one penny per ordinary share. Pursuant to the option exercise, Baker Steel Resources Trust Ltd will be issued with 1,657,196 new ordinary shares. This will increase Baker Steel’s […]

Metals & Minerals News

Cornish Metals results indicate greater potential at United Downs

Cornish Metals Inc said that recent high grade copper assay results at United Downs could indicate a copper-tin-silver mineral resource to complement the tin mineral resource at South Crofty in Cornwall. UNITED DOWNS RESULTS The Canadian company today reported results from three diamond drill holes at United Downs. Drill hole UD21-011A intersected five parallel zones […]

Metals & Minerals News

CRL identifies further high grade tin west of Redmoor

Strategic Minerals plc announced that its subsidiary Cornwall Resources Ltd has identified further significant high-grade tin in four pit samples west of its main Redmoor deposit. SAMPLES The company confirmed in-situ mineralisation in all four samples with at or near surface tin result in pit CRT04 peaking at 0.68% tin. A revised internally estimated project […]