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Strategic Minerals Reports Enhanced Tungsten Grades at Redmoor

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Strategic Minerals ( (GB:SML) ) has shared an update.

Strategic Minerals plc announced positive results from the re-analysis of 73 tungsten samples from previous drilling at Redmoor, revealing an average 9.2% increase in tungsten trioxide grades. This improvement may enhance future resource estimates and supports the potential for increased mineral yields, benefiting ongoing and future exploration efforts.

More about Strategic Minerals

Strategic Minerals plc is an international mineral exploration and production company, with a focus on the extraction and analysis of minerals such as tungsten, tin, and copper. The company operates through its wholly owned subsidiary, Cornwall Resources Limited, and is actively involved in exploration activities at the Redmoor site.

Average Trading Volume: 5,901,871

Technical Sentiment Signal: Buy

Current Market Cap: £6.25M

Learn more about SML stock on TipRanks’ Stock Analysis page.

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