Cornish Metals ( (TSE:CUSN) ) has issued an update.
Cornish Metals Inc. has expanded its land ownership at the South Crofty tin project by purchasing 4.5 acres from Cornwall Council, increasing its total land area to approximately 32.5 acres. This acquisition provides direct access to a main road and facilitates the development of new mine infrastructure, which is crucial for the project’s advancement. The expansion is expected to enhance the company’s operational capabilities and strengthen its position in the tin market, potentially generating significant economic benefits and job opportunities in the region.
More about Cornish Metals
Cornish Metals Inc. is a dual-listed mineral exploration and development company focused on advancing the South Crofty tin project in Cornwall, United Kingdom. The company is working towards production at South Crofty, a historical underground tin mine with existing infrastructure and permits for mining and processing. The project is significant as it would be the only primary producer of tin in Europe or North America, a critical mineral used in electronic devices and electrical infrastructure.
YTD Price Performance: -12.50%
Average Trading Volume: 40,993
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$90.33M
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