Cornish Metals Inc (AIM:CUSN, TSX-V:CUSN, OTC:SBWFF) said it intersected high-grade copper, tin, and zinc mineralisation from the Mount Wellington and United Mines targets at its United Downs project.
All four of the remaining holes from the Phase 1 drilling programme at United Downs intersected multiple mineralised zones.
"Results from the United Downs drill programme confirm the potential to develop a mineral resource, especially the down dip section of the United Mine where we encountered high-grade copper, tin, and silver,” said chief executive Richard Williams. “The company is now considering the next steps for United Downs."
One of the drill holes at Mount Wellington intersected several high-grade zinc zones including 2.05 metres (m) at 6.05% zinc and 4.25m grading 5.51% zinc. While the second hole intersected several polymetallic zones, including 1.49m at 6.17% copper and 67 grammes a tonne (g/t) silver; 4.89m grading 2.21% copper and 19 g/t silver; and 2.42m at 3.70% tin and 9.09% zinc.
High-grade tin intersects were encountered in the two holes drilled in the central part of United Downs project to test the down dip extension of United Mines. They both confirmed a potential transition from high-grade copper to high-grade tin at depth, similar to the mineralisation transition seen at the nearby South Crofty mine, the company said.
The United Downs project is eight kilometres east of South Crofty.