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General mining & base metals

Strategic Minerals appoints local man to oversee drilling campaign at Redmoor

Getting the Gist: Brett Gist is based in Devon and is a member of the Dartmoor Tinworking Research Group

Strategic Minerals PLC (LON:SML) has appointed an exploration manager for its Redmoor tin/tungsten project in Cornwall.

Step forward Brett Gist, who will oversee the 2017 drilling programme, which is intended to extend the defined high grade resource at Redmoor.

Redmoor is being developed by Cornwall Resources Limited, Strategic’s joint venture with New Age Exploration Limited. Strategic holds 16.4% of Redmoor's capital but has the option to increase that stake to 50%.

The company said the appointment of Gist is in line with its strategy of bolstering CRL's ground senior management team.

Devon-based Gist is a geologist from the Royal School of Mines, London with over 18 years of exploration and mining experience in base metals and gold across Europe, the Middle East, West and Central Africa and Australia.

As part of his role he will be involved with the recruitment of additional staff and will assist in finalising arrangements for the awarding of the contracts in relation to the planned two phase drilling programme.

"The addition of Brett, along with the progress we are making with the tender for the drilling programme, sees us on track to commence drilling in the first half of this year. Brett's experience and his knowledge of the area should prove a valuable asset and we welcome him to the team,” said John Peters, managing director of Strategic Minerals.

“While we received a number of high quality applications for the position, we are delighted that the best candidate for this key position was from South West England, in line with our policy of looking to employ people from the local community where possible," he added.

Shares rose 1% to 0.53p on the news.

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