Cornish Metals shares gain on South Crofty tin mine drill results

Cornish Metals has reported promising results from its recently completed drilling program at the Wide Formation target near its South Crofty tin project in Cornwall.

The company successfully completed a 14-hole, 8,993-meter drilling program, testing tin mineralisation over a substantial area of 2,500m by 800m. The program confirmed the Wide Formation structure over a strike length exceeding 2,500m and a downdip extent of at least 800m, with true thicknesses ranging from 2m to 10m.

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Investors may also be interested to learn the campaign encountered notable copper intercepts.

High-grade tin intercepts were encountered in several areas of interest. Within the Wide Formation, a significant intercept of 10.55m grading 0.19% Sn was found, including a high-grade zone of 1.49m grading 0.72% Sn in hole CB23_012.

The drilling also identified steeply-dipping, high-grade ‘Dropper’ zones between the Great Flat Lode and the Wide Formation, with impressive results such as 1.56m grading 0.76% Sn in CB23_010, 2.07m grading 0.85% Sn in CB23_012, and 1.97m grading 0.66% Sn also in CB23_012.

The program also intersected tin mineralisation associated with the Great Flat Lode and the Great Flat Lode Splay, as well as a new structure interpreted as the eastern extension of the Great Condurrow Mine’s Main Lode.

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“This drilling programme has validated the Wide Formation as a new, large-scale, tin-bearing exploration target that is potentially accessible from the underground workings at South Crofty,” said Ken Armstrong, Interim CEO and Director of Cornish Metals.

“Mineralisation has been traced over a 2,500m extent, up to 800m down dip, and remains open along strike and to depth. Furthermore, in addition to the earlier discovery of the Great Flat Lode Splay and new ‘Dropper’ zones of high-grade tin mineralisation, the discovery of polymetallic tin and copper mineralisation within the interpreted extension of the Great Condurrow Mine’s Main Lode further demonstrates the exploration potential of the South Crofty area.”

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