Cornish Metals Inc. (TSE:CUSN) has released an update.
Cornish Metals Inc. has acknowledged a recent decrease in its share price, but remains confident in the robustness of the Preliminary Economic Assessment for its South Crofty tin project, which shows promising economic viability with a substantial after-tax NPV and IRR. Despite market fluctuations, the company highlighted South Crofty’s advantages, including full mining permits until 2071 and its strategic importance due to high tin demand and supply uncertainties. Financial results for the quarter ending March 31, 2024, will be forthcoming by May 23.
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