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 […]
Tag: tungsten
Power Metal exercises option to acquire Pilot
Power Metal Resources plc has acquired the Pilot Mountain tungsten-copper-silver-zinc project in Nevada, United States. GOLDEN METAL The company’s subsidiary Golden Metal Resources Ltd signed the option at the end of August, adding the acquisition to its other projects of Garfield and Stonewall and the right to earn 100% of Golconda Summit. The deal sees Power […]
Tungsten West starts trading on AIM
Tungsten West plc today started trading as a public listed company on the London Stock Exchange AIM market for its tungsten-tin project at Hemerdon in Devon. FUNDING Admission follows the company’s £39 million fundraise from the offer of 65 million new shares at 60 pence per share. Tungsten West has also received £36m ($49m) from […]
CRL notes significant tin results west of Redmoor
Cornwall Resources Ltd has identified significant tin results from a trenching and auger exploration programme to the west of the resource at Redmoor. RESULTS Trench CRT01 peaked at 0.38% tin over a 2m sample interval with nearby mineralisation spanning a width of 20m. Peak tin values of 0.87% and 0.20% tungsten were generated from close-spaced auger […]
Power Metal signs Pilot tungsten option
Power Metal Resources plc has signed a strategic option agreement to acquire a 100% interest in the tungsten-copper-silver-zinc Pilot Mountain project in Nevada. EXPLORATION The 5,908-acre project comprises four existing mineral deposits of Garnet, Good Hope, Gunmetal and Desert Scheelite which all hold “significant skarn-style tungsten-copper-silver-zinc mineralisation”. Pilot lies 200km southeast of Reno and hosts a […]
Cornish Tin to start drilling at Wheal Vor
Cornish Tin Ltd said it expected to start drilling within the coming weeks in Carleen in Wheal Vor, Cornwall. PREPARATIONS The mining research company is currently completing studies on ecology, environment, noise, and protection of wildlife and natural habitats. It then expects to submit its general permitted development order (GPDO) notification to the mineral planning […]