Strategic Minerals plc (LSE:SML) has released highly encouraging results from its second drillhole, CRD034b, at the Redmoor Tungsten-Tin-Copper Project. The hole returned exceptionally high-grade tungsten intervals alongside several substantial zones of mineralisation, reinforcing Redmoor’s position as the highest-grade undeveloped tungsten resource in Europe. These findings point to meaningful resource expansion potential and further establish Redmoor as an important future source of critical minerals for the UK. The results also strengthen the project’s investment appeal and its ability to support skilled job creation within Cornwall’s growing critical minerals industry.
Strategic Minerals’ outlook is supported by a marked financial recovery and bullish technical signals, although valuation concerns and the company’s historically volatile trading profile introduce risk. With no recent earnings call commentary or corporate developments, broader context remains limited.
More about Strategic Minerals
Strategic Minerals plc is an international exploration and production company. Through its wholly owned subsidiary, Cornwall Resources Limited, it focuses on the exploration of tungsten, tin and copper, with its flagship Redmoor project located in southeast Cornwall.
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