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Strategic Minerals PLC on Monday announced ‘standout’ drilling results from wholly owned subsidiary Cornwall Resources Ltd at its Redmoor tungsten-tin-copper project in Cornwall, England. Laboratory results for the first borehole of the 2025 drilling programme confirmed multiple zones of high-grade tungsten mineralisation throughout the full 90-metre thickness of the Redmoor Sheeted Vein System deposit. Highlights include 3.05 metres at 1.43% tungsten trioxide and 0.54% copper from 439.70 metres, including 1.30 metres at 2.34% tungsten trioxide and 0.44% copper from 439.70 metres, as well as 0.75 metres at 1.54% tungsten trioxide and 0.68% copper from 442.00 metres. Managing Director of CRL Dennis Rowland said: ‘These initial results demonstrate high tungsten grades and support Redmoor’s position as one of the highest-grade deposits globally, when compared to other CRIRSCO (Committee for Mineral Reserves International Reporting Standards) resources.’ Executive Chairman of Strategic Minerals Charles Manners added: ‘With tungsten prices rising significantly this year, and a global push to secure access to critical and strategic minerals, Redmoor is well placed as a world leading asset.’ Share prices in Strategic Minerals rose 74% on Monday in London, closing at 0.83 pence. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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