Strategic Minerals plc, parent of Cornwall Resources Ltd, has appointed Charles Manners as executive chairman, with immediate effect. REDMOOR Mr Manners became a non-executive director in August 2024 and then chairman in September of the same year. Strategic said that the executive role reflected his work to rationalise the group and refocus the business. The […]
Tag: tin
Cornwall Resources starts drilling at Redmoor
Cornwall Resources Ltd has started a nine-borehole drill programme for 5,300 metres of new diamond core drilling at the Redmoor tungsten, tin and copper project in the east of the county. SOURCE The first of three drill holes is on Redmoor Road in Kelly Bray, Callington with all three expected to complete in three months. A […]
Strategic receives Leigh Creek call option payment
Cornwall Resources Ltd’s parent company said it had received the A$100,000 for an exclusive call option to acquire the Leigh Creek copper mine in South Australia. REDMOOR If the sale proceeds and completes, Strategic Minerals plc is expected to use net proceeds for its Cornish subsidiary’s Redmoor tin-tungsten project in the east of the county. […]
CRL’s reanalysis increases grades at Redmoor
Cornwall Resources Ltd has identified an overall increase in grades at its Redmoor tungsten, tin and copper project following reanalysis of 73 pulp samples from 2017 and 2018 exploration drilling. MRE The review applied a reduced analytical cutoff grade utilised to select samples for x-ray fluorescence (XRF) from 0.5% tungsten trioxide to 0.3%. A total […]
Redmoor in line for possible cash injection
Cornwall Resources Ltd could be in line for an injection of several million pounds for the Redmoor project after its parent company agreed a tentative deal to sell its Australian assets. LISTING Strategic Minerals plc signed a non-binding heads of agreement with Axis Mining & Minerals Pty Ltd to sell its Australia subsidiary which owns […]
Cornwall Resources to progress Redmoor with £1.5m
Cornwall Resources Ltd has agreed more than £764,000 funding with the Government for the first exploration drilling since 2018 at its Redmoor tungsten, tin and copper project. MRE The company’s parent Strategic Mineral Resources plc said it would match the funds up to a total project spend of £1,529,701. Operations over 12 months will include […]