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Strategic Minerals PLC - London-based mineral producer - Announces ‘significant’ increase in tungsten recovery at subsidiary Cornwall Resources Ltd. Cornwall Resources received results from a recent metallurgical study focused on improving and refining the proposed metallurgical flowsheet for the Redmoor tungsten-tin-copper project near Callington in the historical Tamar Valley mining district of Cornwall. The company says the new mineral resource estimate shows an increase in tungsten trioxide recovery to 85.8%, up from 72.0% in a 2020 scoping study, which the firm says is a 19.2% relative uplift in overall tungsten trioxide recoverability. Managing Director Dennis Rowland says: ‘These results further demonstrate the quality of mineralisation at Redmoor, with strong recoveries for the polymetallic mineralisation. The substantial increase in tungsten recovery, the primary economic driver of the project, is expected to positively feed into the project economics as part of the forthcoming mineral resource estimate and updated economic assessment.’ Current stock price: 5.41 pence each, up 10% on Friday afternoon in London 12-month change: up sharply from 0.33p each on March 20, 2025 Copyright 2026 Alliance News Ltd. All Rights Reserved.
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