Exploration & Mining News

CRL increases exploration area with Duchy agreement

Cornwall Resources Ltd has increased its footprint fourfold in East Cornwall/Tamar Valley under a three-year exclusivity and prospecting agreement with The Duchy of Cornwall. MINING AREAS The company said that the deal was the first of its kind in modern times and aimed to advance “commercialisation of The Duchy’s mineral rights.” CRL will have exclusive […]

Equipment & Logistics Exploration & Mining News

CRL highlights ‘significant mineralisation trends’

Cornwall Resources Ltd (CRL)’s completed field activities for the Deep Digital Cornwall (DDC) project have indicated “significant mineralisation trends near surface” at its Redmoor licence. TARGETS Parent company Strategic Minerals plc said that CRL submitted analytical data for 2,186 soil samples and a highly detailed ground gravity survey and 3D interpretation. The updated results improve […]

Exploration & Mining News

CRL signs MOU for tungsten take-off

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 […]

Exploration & Mining Finance News

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 […]