Strategic Minerals ( (GB:SML) ) just unveiled an update.
Strategic Minerals plc has secured over £764k in grant funding from the UK Government’s Shared Prosperity Fund to accelerate the development of its Redmoor Tungsten-Tin-Copper Project in Cornwall. This funding, matched by the company, will support new exploration activities, including drilling, to update the mineral resource estimate and economic model for Redmoor. The project aims to enhance the company’s market position by highlighting Redmoor’s potential as a world-class, high-grade polymetallic resource, while also opening doors for further investments and expansion.
More about Strategic Minerals
Strategic Minerals plc is an AIM-quoted minerals company involved in the exploration and production of strategic projects in the UK, United States, and Australia. The company owns Cornwall Resources Limited and the Redmoor Tungsten-Tin-Copper Project in Cornwall, UK, and has interests in the Cobre magnetite project in New Mexico, USA, and the Leigh Creek Copper Mine in South Australia.
YTD Price Performance: 50.0%
Average Trading Volume: 4,869,788
Technical Sentiment Signal: Sell
Current Market Cap: £7.56M
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