Cornish Metals (TSX.V / AIM: CUSN)
Reported the assay results from nine diamond drill holes drilled to test the Trenares Lode target within the United Downs project, located in Cornwall, SW England.
Mineralisation is principally tin – zinc – silver with minor copper. Intersects included TN21_002 2.42m grading 2.88% tin and 1.43% zinc. […]
|Cornish Metals||TSX.V : CUSN|
|Market cap||C$175 m @ 33c|
|Location||Cornwall, United Kingdom|
Cornish Metals Inc.(TSX.V / AIM: CUSN) (“Cornish Metals” or the “Company”), a dual-listed company focused on advancing the South Crofty high-grade, underground tin project through to delivery of a feasibility study, as well as exploring its additional mineral rights, all located in Cornwall, SW England, is pleased to report the assay results from nine diamond drill holes drilled to test the Trenares Lode target within the United Downs project.
- The Trenares target area is located approximately 300 metres (“m”) south of the historic, copper-rich, United Mines;
- Nine drill holes were completed, on three drill sections, for a total of 2,683.55m drilled;
- Multiple zones of mineralisation were intersected on each drill section (Table 1, below);
- Mineralisation is principally tin – zinc – silver with minor copper.
- Intersects include (full table presented below):
- TN21_002 2.42m grading 2.88% tin and 1.43% zinc
- TN21_002 3.34m grading 2.48% zinc and 22 grammes per tonne (“g/t”) silver
- TN21_002 0.90m grading 10.30% zinc and 18 g/t silver
- TN21_003 1.52m grading 0.72% tin, 1.69% zinc and 14 g/t silver
- TN21_004 0.62m grading 1.46% tin, 5.23% zinc and 18 g/t silver
Cornish Metals management comments
“The Trenares Target drill programme has been successful in demonstrating the presence of multiple zones of mineralisation in an area of the United Downs project that is underexplored, has never been mined and represents a compelling exploration target.
“The presence of high-grade tin and zinc warrants further follow-up exploration. Once we are in receipt of all remaining drill programme assays, we can evaluate the priority targets for follow up work.”
Richard Williams, CEO, Cornish Metals
The drill programme at United Downs project is now complete, with results pending for a further five holes drilled into the Mount Wellington, UD Lode, and United Mine targets still pending. In addition, eight drill holes for 2,501m were drilled at the Carn Brea South Target, located approximately 2km southeast of South Crofty mine site. Results for these drill holes will be released in due course.
The drill rig has now been moved to South Crofty where it will start an 8,000-12,000m drill programme designed to collect samples for metallurgical testwork as part of the South Crofty Feasibility Study (see news release dated May 23, 2022) leading to a construction decision for the South Crofty mine. This programme will involve three drill rigs testing the eastern, central, and western part of the mine complex. The other two drill rigs are expected to arrive at South Crofty over the next four to six weeks
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