Finance Metals & Minerals News

Tungsten West raises £18,544 via option exercise

Tungsten West plc raised £18,544.22 after receiving notices to exercise options to subscribe for 1,854,422 new ordinary shares of one penny each at an exercise price of one penny per ordinary share. Pursuant to the option exercise, Baker Steel Resources Trust Ltd will be issued with 1,657,196 new ordinary shares. This will increase Baker Steel’s […]

Metals & Minerals News

Cornish Metals results indicate greater potential at United Downs

Cornish Metals Inc said that recent high grade copper assay results at United Downs could indicate a copper-tin-silver mineral resource to complement the tin mineral resource at South Crofty in Cornwall. UNITED DOWNS RESULTS The Canadian company today reported results from three diamond drill holes at United Downs. Drill hole UD21-011A intersected five parallel zones […]

Metals & Minerals News

CRL identifies further high grade tin west of Redmoor

Strategic Minerals plc announced that its subsidiary Cornwall Resources Ltd has identified further significant high-grade tin in four pit samples west of its main Redmoor deposit. SAMPLES The company confirmed in-situ mineralisation in all four samples with at or near surface tin result in pit CRT04 peaking at 0.68% tin. A revised internally estimated project […]

Metals & Minerals News

Cornish Metals intersects further high grade metals at United Downs

Cornish Metals Inc. announced further high grade tin-copper-silver-zinc intersections from its diamond drill programme at United Downs, Cornwall. DRILL PROGRAMME The assay results are from holes, UD21-006 and UD21-008, which are part of the continuing drill programme, with reported intercepts being drilled lengths. Chief executive Richard Williams said that the results continued to demonstrate the presence […]

Metals & Minerals News

Tungsten West starts trading on AIM

Tungsten West plc today started trading as a public listed company on the London Stock Exchange AIM market for its tungsten-tin project at Hemerdon in Devon. FUNDING Admission follows the company’s £39 million fundraise from the offer of 65 million new shares at 60 pence per share. Tungsten West has also received £36m ($49m) from […]