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IN BRIEF: Cornish Metals shares rise with good assay results

24th Aug 2022 09:31

Cornish Metals Inc - Vancouver-based mineral exploration company - Says the remaining assay results from the phase one drill programme at the United Downs project in Cornwall, England found that the MW22_001 hole intersects several high-grade zinc zones. Further, the MW22_002 hole intersects several polymetallic zones. Says the high copper and tin intersects beneath the project have now been observed over a strike length of roughly 1,350 meters.

"The phase one drill programme at United Downs has been successful on a number of fronts - assay results, safety, community support and drill contractor performance," Chief Executive Richard Williams says.

"Results from the United Downs drill programme confirm the potential to develop a mineral resource, especially the down dip section of the United Mine where we encountered high-grade copper, tin and silver."

Current stock price: 18.90 pence, up 6.5% on Wednesday

12-month change: up 36%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Cornish Metals
FTSE 100 Latest
Value8,809.74
Change53.53