Revolutionary Discoveries in Cornwall: High-Grade Mineralization Found at Redmoor
Strategic Minerals plc has made significant strides in the mineral exploration sector with promising assay results from its Redmoor Tungsten-Tin-Copper Project in southeast Cornwall. The results from the recent drilling at the Redmoor site have unveiled the presence of a Sheeted Vein System (SVS), indicating potential high-grade mineral deposits of tungsten, tin, and copper.
Highlights of the Findings
The drillhole, designated CRD037, successfully intersected a key high-priority section of the Redmoor Exploration Target. Within this untested section, multiple high-grade zones have been identified, demonstrating the potential for substantial contributions to future Mineral Resource Estimates (MRE). Notable intersections include:
- 51.30 meters at 0.11% WO3, 0.13% Sn, and 0.40% Cu from 520.00 meters depth.
- 2.06% WO3 over 0.85 meters and 2.00% Sn over 0.53 meters in particularly promising segments.
Implications for the Mining Sector
These results underscore the potential for expanding mineral resources at Redmoor, which is now recognized as one of the highest-grade undeveloped tungsten resources in Europe. This discovery aligns with the company's broader objectives of advancing local mining prospects and creating economic opportunities within the region.
Statements from Company Officials
Mark Burnett, Executive Director at Strategic Minerals, expressed optimism regarding the findings, stating that the continuity of mineralization supports the company's efforts to modify and enhance their geological models. This development is expected to prompt further drilling activities aimed at determining the full extent of the mineral resources present.
Conclusion
The breakthrough at Redmoor symbolizes not only a pivotal moment for Strategic Minerals plc but also for the mining industry in the UK, as it navigates towards more sustainable and productive mineral exploration. As the company moves forward with further drilling and resource estimations, the results could significantly impact local economies and mineral supply chains, boosting both regional and national interests.