Strategic Minerals (LSE:SML) reported initial assay results from its resource infill drilling programme at the Redmoor tungsten-tin-copper project in Cornwall, UK.
The drilling returned multiple mineralised intercepts within the Redmoor Sheeted Vein System, including tungsten grades that the company said were among the highest recorded at the project, as well as copper-bearing intervals.
According to Strategic Minerals, the results are consistent with the existing mineral resource model and provide additional information on the continuity of mineralisation and grades within the deposit.
New Copper-Tin Mineralisation Identified
The drilling also identified a style of copper-tin mineralisation that is not included in the existing geological model.
Strategic Minerals said the mineralisation occurs in flat-lying aplitic bodies beneath the currently defined Redmoor Sheeted Vein System. The company plans further geological and metallurgical testing to assess the newly identified zone.
Three Drill Rigs Operating at Redmoor
Three drill rigs are operating at the project as Strategic Minerals continues its resource infill programme.
Samples from the drilling are also being used for metallurgical and geotechnical work intended to support planned prefeasibility and feasibility studies.
The company said results from the programme may also contribute to future updates to the Redmoor mineral resource estimate.
Strategic Minerals is a mineral exploration and production company focused on the Redmoor tungsten-tin-copper project in Cornwall. The project contains tungsten, tin and copper mineralisation, with the company continuing drilling and technical studies as part of its development programme.
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