Cornish Metals (TSX.V / AIM: CUSN)
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| Cornish Metals | TSX.V / AIM: CUSN |
| Stage | Exploration |
| Metals | Tin, copper |
| Market cap | C$51 m @ 9.5c |
| Location | Cornwall, United Kingdom |
| Website | www.cornishmetals.com |
Land Purchase Removes Reliance on Third Party Right-Of-Access Agreements
Vancouver, May 21, 2024 Cornish Metals Inc.(AIM/TSX-V: CUSN) (“Cornish Metals” or the “Company”), is pleased to announce that it has purchased approximately 7.7 acres of land located immediately adjacent to important surface infrastructure at its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom.
Ken Armstrong, Interim CEO and Director of Cornish Metals, stated:
“The acquisition of this land parcel is of strategic importance to Cornish Metals, increasing the total land area owned by the Company to 28.5 acres (11.5 ha)..“The purchased land includes the location of the North Winder for New Cook’s Kitchen shaft, South Crofty’s main production shaft, as well as a large area adjacent to the proposed site of the project’s permitted processing plant..
“The land will provide additional space for future site works as well as opportunities for potential operating cost savings, renewable energy initiatives and improved overall property security.
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“Importantly, the enlarged surface footprint for South Crofty now removes reliance on existing right-of-passage agreements and allows the Company complete control over the timing for refurbishment of the North Winder.”
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To read the full news release please click HERE
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Disclosure
At the time of writing the author holds no shares in Cornish Metals
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