Cornish Metals (TSX.V / AIM: CUSN)
Provided an update on progress at the South Crofty Tin Project located in Cornwall, SW England.
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| Cornish Metals | TSX.V : CUSN |
| Stage | Exploration |
| Metals | Tin, copper |
| Market cap | C$122 m @ 23c |
| Location | Cornwall, United Kingdom |
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Cornish Metals Provides Update for the South Crofty Tin Project
Cornish Metals Inc. (TSX-V/AIM: CUSN) (“Cornish Metals” or the “Company”) is pleased to provide an update on progress at the South Crofty Tin Project (“South Crofty” or the “Project”), located in Cornwall, SW England.
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- First pump installation underway in New Cooks Kitchen shaft
Substantial amount of Feasibility Study completed
New Mineral Resource Estimate planned for Q3, 2023
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Richard Williams, CEO and Director, stated
“Activities at South Crofty continue at a good pace with the commencement of dewatering on-track for later this summer.
“Good progress is also being made with many aspects of the Feasibility Study to examining the re-opening of South Crofty. Initial results are very encouraging.
“The mine site team have also reached another important milestone with the installation of the first submersible pump into NCK shaft now underway.”
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- This pump is the first of two submersible pumps to be installed in NCK shaft for Stage 1 of the two-stage mine dewatering programme;
- The pumps are specialist high-head 950 kW vertical submersible pumps manufactured by KSB in Germany, controlled by variable speed drives to enable the 25,000 cubic metres (m3) per day pumping rate to the Mine Water Treatment Plant (“MWTP”) to be maintained as the water level drops and the pumping head increases;
- The pumps will be lowered to immediately below the 195 fathom level (360 metres below surface) suspended from one hundred and twenty x 3-metre long pipes that will form the temporary rising main;
- When the water level reaches 195 fathom level, (360m below surface) a permanent set of pumps will be installed and the submersible pumps will be lowered to the 400 (approximately 700m below surface) fathom level for Stage 2 of the dewatering programme;
- Installation of the second pump is expected to commence before the end of June;
- See photos 1, 2, and 3 here and below.
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To read the full news release, please click HERE
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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com
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Disclosure
At the time of writing the author holds no shares in Cornish Metals
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