Finance Metals & Minerals News

Cornwall Resources starts Redmoor infill drilling

Cornwall Resources Ltd has started resource infill drilling as part of the prefeasibilty study for its Redmoor tungsten-tin.copper project in the southeast of the county.

Funds: grants, Government and backers of critical minerals projects (Pixabay)

MRE

The company began on 28 March to drill hole CRD042, which is the first of eight planned holes from pad four, for a total 3,850 metres over six months.

The work, part of a wider planned infill drilling campaign at Redmoor, will help convert inferred resources to the indicated category, ahead of an inaugural mineral reserves estimate.

Cornwall Resources also announced it had received a visit from Blair McDougall MP, minister for small business and economic transformation, within the Department for Business and Trade.

Discussions included “the potential for the project to seek further support through Government”.

Managing director Dennis Rowland added: “Moving forward, the company will continue to advocate for further project support where available, including via grant funding opportunities and also from government departments and entities responsible for overseeing or supporting critical minerals project development.”

Cornwall Resources’ parent company is Strategic Minerals plc.