Cornish Metals developed a near mine Exploration Target at South Crofty and believes this demonstrates the potential to define additional mineralisation, and pointing to potential upside of 6Mt to 13Mt, at a tin grade of 0.5% to 1.8%, above the current South Crofty Mineral Resource in the Lower Mine area.

Don Turvey, CEO and Director of Cornish Metals, stated: “This Exploration Target supports our view that there is a lot more tin at South Crofty waiting to be discovered. South Crofty is a generational asset with a long history of Mineral Resource discovery and conversion, and we expect this trend to continue after the mine restarts production. The PEA results represent a strong foundation for advancing South Crofty to production, but it is only the starting point, and this Exploration Target illustrates the potential for immense upside.”