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Strategic Minerals PLC
LON:SML
Strategic Minerals is an AIM-quoted minerals explorer and producer. Its primary focus is accelerating the development of the Redmoor Tungsten-Tin-Copper Project in Cornwall, UK. Redmoor is Europe’s highest grade undeveloped tungsten deposit and the second highest globally. Strategic Minerals’ strategy is to develop Redmoor into a leading source of critical and strategic minerals to provide resilience to western supply chains. Strategic Minerals is also underpinned by a revenue generating asset, with long-term distribution rights to the Cobre magnetite stockpile in New Mexico, USA which has been in production since 2012.
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Strategic Minerals issues final tranche of shares to pay for acquisition of Leigh Creek copper project
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Strategic Minerals returns strong copper grades from Leigh Creek drilling
Strategic Minerals is bringing Leigh Creek along quickly, following its acquisition last year
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Strategic Minerals shows Redmoor project’s “world class” potential
Redmoor now ranks as one of the leading undeveloped tin-tungsten mining projects in the world, the company said
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Strategic Minerals upbeat over Redmoor as final assays impress
Average tin grades for the whole programme were significantly higher than the existing resource, said Strategic.