Strategic Minerals (LSE:SML) has announced the completion of three additional drill holes at its Redmoor project, each intersecting the full thickness of the sheeted vein system. These results signal strong potential for expanding the project’s resource base. In parallel, the company is undertaking new metallurgical test work aimed at improving metal recovery rates and enhancing overall process economics. An updated mineral resource estimate is scheduled for release in early 2026.
The company’s outlook points to a solid financial recovery and an appealing valuation profile, although technical indicators suggest possible short-term pressure. Past market volatility remains a factor to watch.
About Strategic Minerals plc
Strategic Minerals is an international exploration and production company focused on the Redmoor Tungsten-Tin-Copper Project in east Cornwall — recognized as the highest-grade undeveloped tungsten resource in Europe.
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