“This drill programme allows us to accelerate the South Crofty feasibility study in advance of dewatering the mine and will provide key information for the mineral processing flowsheet,” chief executive officer Richard Williams said in the statement.
The news comes about a year after Cornish Metals announced the project was richer than anticipated. The updated resource estimate showed a 10% increase in indicated resources to 2.08 million tonnes in both the lower mine and upper mine areas.
It also revealed an almost 130% gain in inferred tin resources at the lower mine to 1.94 million tonnes.
The Vancouver-based miner is working on re-opening the South Crofty mine, which was closed in 1998 following more than 400 years of almost continuous production.
Cornish completed the acquisition of the South Crofty and United Downs copper-tin projects in 2016. A year later, it completed a preliminary economic assessment, which…
