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 […]

Exploration & Mining Finance News

Cornish Tin raises £2m via placing-crowdfunding

Cornish Tin Ltd ended last year with a total £2,080,000 million raised via a private placing by its shareholders and crowdfunding. EXPLORATION Funds will be used for working capital and to progress phase II drilling, started on 15 February 2024, after receiving permission on 9 January from Cornwall Council. Contractor Priority Drilling UK Ltd is […]

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 […]

Equipment & Logistics Exploration & Mining News

South Crofty drill samples tests exceed expectations

Cornish Metals Inc reported better than expected results from metallurgical testwork on drill samples from the South Crofty tin project in Pool, Redruth. UPGRADING POTENTIAL TOMRA Sorting GmbH completed X-Ray transmission (XRT) ore sorting and Wardell Armstrong International conducted the heavy liquid separation (HLS) preconcentration testwork. XRT resulted in 55% mass rejection and <3% metal […]

Company Moves Exploration & Mining News

EGM awarded Marienberg polymetal licence

European Green Metals Ltd (EGM) has been awarded a “highly prospective” three-year exploration licence covering several historic mining districts in the state of Saxony, Germany. FUNDING The Marienberg permit, covering 381km2 in southern Saxony, hosts several styles of mineralisation within the Marienberg-Pobershau, Annaberg-Buccholz and Seiffen mining districts. EGM said that the districts were mined, from […]