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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 IWAnewson Jul 07, 2021 10:27am
144 Views
Post# 33504913

ONGOING UNITED DOWNS DRILL PROGRAMME

ONGOING UNITED DOWNS DRILL PROGRAMME

HIGHLIGHTS

  • Drill hole UD21_001, drilled to a total depth of 260.24m, intersected two zones of high-grade mineralisation, one with tin mineralisation, and the second with tin, copper and silver, as follows:
  • target depth of Lithium Lode and could represent a completely new target. A photograph of the new zone of mineralisation and the native copper can be seen below; and
  • Drilling to date has tested 200m of a strike extent within the potentially 900m long United Downs target zone.
Drill Hole From (m) To (m) Length (m) Copper (%) Tin (%) Silver (g/t)
UD21_001 47.57 48.61 1.04 7.9%
UD21_001 227.1 229.7 2.61 5.2% 1.3% 77.0
  • The 2.61m tin, copper and silver intercept is the same zone of mineralisation as Lithium Lode, indicating that the mineralised zone has a vertical extent of at least 180m;
  • This is the first time that silver grades have been observed;
  • Drill holes UD21_002 through UD21_006 intersected similar zones of mineralisation, currently interpreted as the extension of Lithium Lode – assays for these holes are pending;
  • Drill Hole UD21_007 intersected a new zone of mineralisation between approximately 204m and 209.6m, containing native copper (assays pending).  This zone is approximately 100m above the target depth of Lithium Lode and could represent a completely new target. A photograph of the new zone of mineralisation and the native copper can be seen below; and
  • Drilling to date has tested 200m of a strike extent within the potentially 900m long United Downs target zone.

 

Richard Williams, CEO, stated “We are pleased with the initial results and observations from our drilling at United Downs, and pleasantly surprised with the silver content recorded. The high-grade nature of the tin and copper mineralisation is similar to what was mined here between 1700 – 1870 and, subject to proving continuity of mineralisation, has the potential to support delineation of a mineral resource. The confirmation of silver in the system adds to the potential for the area.

“Furthermore, the United Downs project has numerous additional targets that we will be testing throughout the course of this year, including the downdip extension of the historic Mount Wellington Mine, which operated until 1978, and a further lode to the south of Mount Wellington, which was discovered in the 1970s but never followed up after the mine closed.”

https://investingwithawareness.com/cornish-metals-reports-results-from-ongoing-united-downs-drill-programme/
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