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Strategic Minerals Hits High-Grade Tin and Tungsten in Redmoor Western Zone

Story Highlights
  • CRD041 drilling at Redmoor confirmed high-grade SVS continuity and new tin-dominant zones.
  • Completed 2025 drilling goals position Redmoor as a leading undeveloped tungsten-tin asset in Europe.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Strategic Minerals Hits High-Grade Tin and Tungsten in Redmoor Western Zone

Meet Samuel – Your Personal Investing Prophet

Strategic Minerals ( (GB:SML) ) just unveiled an announcement.

Strategic Minerals reported assay results from drillhole CRD041 at its Redmoor tungsten‑tin‑copper project in Cornwall, confirming continuity of the high‑grade Sheeted Vein System in the underexplored, tin‑dominant western portion of the deposit. The hole also intersected new non‑SVS tin‑dominant zones and additional mineralised structures outside the current resource model, underpinning the geological model and suggesting scope to expand resources.

Management said the 2025 drilling campaign’s objectives have been met, including validating historical data, confirming structure and grade continuity and testing parts of the JORC Exploration Target. With global price shifts favouring tungsten and tin and Redmoor’s multicommodity profile, the company expects upcoming resource and economic updates under its Shared Prosperity Fund‑supported programme to reinforce the project’s status as one of Europe’s highest‑grade undeveloped tungsten assets.

The most recent analyst rating on (GB:SML) stock is a Buy with a £3.00 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.

Spark’s Take on GB:SML Stock

According to Spark, TipRanks’ AI Analyst, GB:SML is a Neutral.

The score is primarily supported by improved 2024 financial performance and strong technical uptrend signals. It is materially constrained by expensive valuation (high P/E and no dividend yield data) and technical overbought indicators that elevate near-term risk.

To see Spark’s full report on GB:SML stock, click here.

More about Strategic Minerals

Strategic Minerals plc is an international mineral exploration and production company listed on AIM and USOTC, with its key Redmoor project focused on tungsten, tin and copper in southeast Cornwall. Through its wholly owned subsidiary Cornwall Resources Limited, the group is targeting high-grade, polymetallic resources in Europe amid shifting global metal markets.

Average Trading Volume: 27,452,599

Technical Sentiment Signal: Buy

Current Market Cap: £91.27M

For a thorough assessment of SML stock, go to TipRanks’ Stock Analysis page.

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