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 […]
Tag: tungsten
EGM awarded Marienberg polymetal licence
European Green Metals Ltd (EGM) has been awarded a “highly prospective” three-year exploration licence covering several historic mining districts in the state of Saxony, Germany. FUNDING The Marienberg permit, covering 381km2 in southern Saxony, hosts several styles of mineralisation within the Marienberg-Pobershau, Annaberg-Buccholz and Seiffen mining districts. EGM said that the districts were mined, from […]
Cornish Tin to fundraise for second lithium-tin drill
Cornish Tin Ltd aims to raise further funds via a limited shares offer for its tin-copper-lithium-tungsten project at Great Wheal Vor near the village of Breage. USES Money, raised through crowdfunding, will go towards its second exploration drilling campaign and working capital. The first exploration programme for 6,500 metres showed tin grades of up to […]
Golden Metal signs MoU to supply tungsten for nuclear fusion
Golden Metal Resources plc plans to supply Oxford Sigma Ltd with tungsten from the company’s Pilot Mountain in Nevada in the USA for nuclear fusion technology. COLLABORATION A non-binding memorandum of understanding will see the two companies explore and develop critical metal supply for tungsten alloy and tungsten containing materials for the fusion industry. Tungsten, with […]
Golden Metal engages Allan Moran as modelling geologist
Golden Metal Resources plc has engaged modelling geologist Allan V. Moran to advance the company’s Pilot Mountain tungsten project in Nevada, USA. Mr Moran will model existing tungsten-copper-silver-zinc mineralisation at the site, focusing on the Desert Scheelite zone which hosts the majority of the in-ground resource at Pilot Mountain. He will plan resource infill as well as […]
CRL to re-apply for grant following refusal
Cornwall Resources Ltd will reapply for grant funding after its submission was refused as it also considers American backing to develop the Redmoor tin-tungsten project. FUNDING 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 […]