Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Gold & silver

Strategic Minerals looks at targets as Cornwall project completes

Strategic Minerals Corporation NL (ASX:SMC) said it has started to assess potential targets following the completion of the 'Deep Digital Cornwall' (DDC) project.

Soil samples identified significant mineralisation near the surface and work has started at Target 1.

This contains tin-tungsten and copper-lead-zinc soil anomalies located near a previously identified granite upwelling and within a prospective zone highlighted by the MPM mapping.

DDC was a collaboration between the Camborne School of Mines, Strategic Minerals subsidiary Cornwall Resources Limited (CRL) and Cornish Lithium.

CRL's DDC outputs include analytical data for 2,184 soil samples; highly detailed ground gravity survey and 3D interpretation; datasets from the DDC aerial survey of the Redmoor area; and box scan data from CRL borehole CRD031.

DDC was funded by the European Regional Development Fund (ERDF), and administered through HM Department for Levelling Up.

Peter Wale, executive director of Strategic Minerals and director of CRL, said: "There are currently few comparative modern, highly detailed, and comprehensive datasets covering mineral licence operating areas in the UK, and fewer still examples of similar cost-effective datasets being produced.

“The CRL team has delivered a first-class outcome after the effective completion of the DDC project. This has in turn contributed to the overall successful completion of the DDC project.

"Now that DDC has come to an end, CRL aims to advance and analyse further the work undertaken, through the completion of a case study, modelling of project data and follow-up exploration activities.”

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK