Canadian mineral exploration company Cornish Metals has released an updated mineral resource estimate for the South Crofty tin mine in the UK, indicating a 10.2 percent increase in the asset’s resources to some 2.08 million tonnes in both the lower and upper mine.
“We are very pleased with the outcome of this new Mineral Resource Estimate, which shows a material increase in both tonnage and con-tained tin in the ground at South Crofty,” said Richard Williams, the chief executive of Cornish Metals, as quoted in a statement.
“Following on from our successful surface drilling campaign in 2020, where we intersected high-grade tin mineralisation below the histori-cal workings, this new Mineral Resource Estimate confirms our belief in the resource expansion potential at South Crofty,” the CEO said.
Cornish Metals says it completed the acquisition of the South Crofty tin and United Downs copper/tin projects in July 2016.