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Cornish Lithium's £1.4mln crowdfunding 'an unqualified success'

Mining Capital's Alastair Ford discusses Cornish Lithium's recent £1.4mln raise via crowdfunding describing it as an 'unqualified success'.

More than 1,200 new investors took part - many of them based in Cornwall.

Ford say it now puts the company in a firm position to get on and drill its lithium brines they've been targeting.

''These are very deep so there's going to be a significantly-sized drill rig going down to the project within a couple of weeks and the idea is to get drilling in November''.

''If they hit what they think they're going to hit it could be a significant leap forward for them''.

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Cornish Lithium: Mining Capital's Alastair Ford on recent 'huge drill hit'

Mining Capital's Alastair Ford discusses the recent 'huge' drill hit made by Cornish Lithium on ground owned by Strongbow Exploration Inc (CVE:SBW) in Cornwall. He says it's the kind of drill hit you only see once or twice a year: 14.69 metres grading 7.46% copper and 1.19% tin from a depth...

on 17/4/20

2 min read