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Strategic Minerals PLC - London-based mineral producer, which operates in the UK, US and Australia - Subsidiary Cornwall Resources Ltd completes diamond drilling programme at the Redmoor Tungsten-Tin-Copper Project in southeast Cornwall, England. Strategic Minerals says over 5,048 metres of core has been drilled, logged and reviewed for sampling, having on November 10 reported ‘exceptional results from drillholes CRD033 and CRD034b’. CRD035 and CRD036 are currently being processed and analysed, and the firm expects results ‘imminently’ from CRD035. Says CRD041 passed through an underexplored section of the Redmoor deposit and identified visible tungsten, tin and copper mineralisation within the intersected sheeted vein system; confirmed the continuity of mineralised structures, and the SVS, to the westward-most extent of the explored deposit; and found additional zones of mineralisation outside of the SVS. Expects results from flotation testing in the first quarter of 2026, as metallurgical testwork for flowsheet design is ‘progressing ahead of schedule’. ‘We are happy to report that the 2025 exploration drilling programme at Redmoor has been completed ahead of schedule, within budget, and with exceptional results reported to-date from two drillholes,’ says CRL Exploration Manager Rowan Thorne. Strategic Minerals’ Executive Chair Charles Manners comments: ‘With drilling complete, and samples being shipped regularly to the laboratory, there will be further updates to shareholders as the remainder of the programme is reported. Following the release of the UK Critical Minerals Strategy, and our engagement throughout its formation, we are positioning ourselves to highlight the strategic importance of the Redmoor Project, and its ability to meaningfully contribute to the stated aims of the strategy.’ Current stock price: 1.22 pence 12-month change: more than quadrupled from 0.25p Copyright 2025 Alliance News Ltd. All Rights Reserved.
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