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Cornish Metals Inc V.CUSN

Alternate Symbol(s):  SBWFF

Cornish Metals Inc. is a Canada-based mineral exploration and development company focused on advancing its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom. The 100% owned and fully permitted South Crofty tin project is a strategic tin asset and is located in the Central Mining District of Cornwall, in the towns of Pool and Camborne, United Kingdom. The project’s underground permission area covers about 1,490 hectares (ha) and includes 26 former producing mines. The Company also has additional mineral rights in Cornwall, United Kingdom. The additional mineral rights cover an area of about 15,000 ha and are scattered throughout Cornwall and include the United Downs Project. It maintains an interest in the Nickel King Property and the Sleitat Tin-Silver Property. The Company also maintains an interest in exploration properties which are prospective for tin, tungsten and silver in Alaska and nickel in Northwest Territories, Canada.


TSXV:CUSN - Post by User

Post by mrsgoldmineron Mar 24, 2021 7:28am
215 Views
Post# 32864663

Cornish Metals receives United Downs drill permit

Cornish Metals receives United Downs drill permit

Cornish Metals receives United Downs drill permit

 

2021-03-24 06:53 ET - News Release

 

Mr. Richard Williams reports

CORNISH METALS RECEIVES PERMIT FOR UNITED DOWNS DRILLING PROGRAMME

Cornish Metals Inc. will commence an exploration drilling program at its United Downs project in Cornwall, United Kingdom, on April 6, 2021, after receiving confirmation of its permitted development rights.

 

  • The aim of the drill programme is to follow-up on the discovery of high-grade copper-tin mineralisation in drill hole GWDD-002 that recorded 14.69 metres ("m") at 8.45% copper ("Cu") and 1.19% tin ("Sn"), as first reported on April 6, 2020;
  • Cornwall Council, being the relevant Mineral Planning Authority, has confirmed Cornish Metals' permitted development rights enabling the Company to commence an exploration drilling programme at its United Downs prospect under the provisions of Part 17 Class K of the Town and Country Planning (General Permitted Development) (England) Order 2015;
  • Drilling is due to commence from the first of up to five separate drill sites on April 6, 2021;
  • The drilling activities will be contracted to Priority Drilling Ltd and conducted under the supervision of Cornish Metals' local technical team; and
  • The drill programme will be run with full COVID safe guidelines, policies and procedures in place.

 

Richard Williams, CEO of Cornish Metals, stated, "The receipt of the drilling permit from Cornwall Council is an important step in our aim of delineating a new high-grade copper-tin resource at United Downs.

"The first phase of the programme will focus on tracing the recently discovered high-grade copper-tin structure along strike and down to a depth of up to 500m. Thereafter, depending on success, we aim to conduct a second phase of infill drilling later in the year to enable a maiden mineral resource to be defined.

"Our local exploration team has worked hard over the last few months to complete the work required for the application and consult with local residents on our plans for the forthcoming campaign. Much has happened in the year since we announced the initial discovery, including renaming the company to Cornish Metals and completing a dual listing on the AIM Market of the London Stock Exchange. We now very much look forward to commencing this drill programme and discovering what more this historic mining area has to offer."

ABOUT CORNISH METALS

Cornish Metals completed the acquisition of the South Crofty tin and United Downs copper / tin projects, plus additional mineral rights located in Cornwall, UK, in July 2016 (see Company news release dated July 12, 2016). The additional mineral rights cover an area of approximately 15,000 hectares and are distributed throughout Cornwall. Some of these mineral rights cover old mines that were historically worked for copper, tin, zinc, and tungsten.

We seek Safe Harbor.

© 2021 Canjex Publishing Ltd. All rights reserved.

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