Strategic Minerals plc’s subsidiary, Cornwall Resources Ltd, has returned “ultra high-grade” tungsten, along with the “long intersections of high grade mineralisation” at the Redmoor tin-tungsten-copper project in southeast Cornwall. QUALITY The results are from the final drill hole, CRD039, of a nine-hole programme for 5,000 metres, completed between June and December 2025. Returns include an […]
Tag: Strategic Minerals plc
Cornwall Resources finds new tin zone at Redmoor
Strategic Minerals plc’s subsidiary, Cornwall Resources Ltd, has discovered a new tin zone of “meaningful scale” at the Redmoor tungsten-tun-copper project in southeast Cornwall. SCALE Named the ‘North Tin Zone’, the “distinct and continuous, tin-dominant zone of mineralisation” lies outside of the project’s sheeted vein system deposit and was previously unnoticed. The discovery is based […]
Strategic issues 88.7m share options
Strategic Minerals plc has granted share options over a total of 88,675,000 new ordinary 0.1p shares to its directors, advisers and certain existing employees of its subsidiary Cornwall Resources Ltd. DIRECTORS The grant is for the “significant contributions to recent progress for the benefit of shareholders”, and is a long-term incentive to retain key personnel. The five-year […]
Arkle appoints new directors
Arkle Resources plc has appointed three new directors to its board, with immediate effect. NAMIBIA URANIUM Rory Harding has been made interim chief executive, Robin Birchall is a non-executive director and Mark Burnett strategic adviser. Mr Harding is an emerging markets specialist with experience in energy, mining and investment banking, and also an adviser to […]
Strategic posts further strong results at Redmoor
Strategic Minerals plc posted “strong” tungsten, tin and copper mineralisation within a “new tin-dominant zone” for the first time from the 2025 drilling programme at the Redmoor deposit in Kelly Bray, East Cornwall. SILVER The company’s subsidiary Cornwall Resources Ltd received the assays from its diamond core drill campaign of nine boreholes for 5,300 metres. […]
Strategic raises £4m for Redmoor
Strategic Minerals plc has raised gross £4 million through the issue of an aggregate 307,692,308 new ordinary shares in the company of 0.1 pence each, at a price of 1.3p per new ordinary share. TVRs The fundraise comprised a placing and a subscription for 123,076,922 and 184,615,386, respectively. Strategic said that demand had exceeded expectations, […]