Cornwall Resources Ltd said that a drill and crews shortage might delay its four-hole drill campaign on a previously identified tin prospect, west of the Redmoor tin-tungsten-copper project. HIGH ACTIVITY Parent company Strategic Minerals plc reported that high activity in the region by other companies had led to a lack of machinery and personnel. Cornwall […]
Tag: tungsten
Power Metal assesses drill targets at Pilot
Power Metal Resources plc said it had started assessing priority targets for drilling at its Pilot Mountain tungsten-copper-silver-zinc project in Nevada, USA. STRUCTURE The company’s subsidiary (83.13%) Golden Metal Resources owns 100% of the Pilot Mountain, Garfield and Stonewall projects and a right to earn-in to a 100% interest in the Golconda project. Golden Metal […]
Tungsten West targets low cost mine operations
Tungsten West plc said it is to start construction immediately with lower-cost and streamlined production scheduled for H1 2023 at the Hemerdon tin-tungsten mine in Devon. INFLATION The decision follows a three-month technical and commercial re-evaluation of options for restarting production, which lead to a new development plan. The new plan is also in response […]
Tungsten West co-founder and CEO Max Denning leaves
Tungsten West plc said that chief executive officer Max Denning will leave his role and the board with immediate effect. The company added that executive vice-chairman and co-founder Mark Thompson had assumed the responsibilities of CEO. Mr Thompson previously held senior management positions at commodity trader Trafigura and its investment division Galena Asset Management, global […]
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 […]
Cornish Tin opens fundraise to public
Cornish Tin Ltd said that following “an extremely strong response” it would extend its recent fundraise to the public for its Great Wheal Vor project. MINERAL RIGHTS Money received will advance work at a group of 26 former producing tin and copper mines near the village of Breage in Cornwall. The company added it had […]