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Strategic Minerals ( (GB:SML) ) just unveiled an announcement.
Strategic Minerals plc announced significant findings from the re-analysis of historical drill core samples at its Redmoor project, revealing elevated silver concentrations associated with copper mineralisation. This discovery highlights the potential for further economic development of the project, as it suggests a strong correlation between copper and silver grades. The company plans to continue its investigations and incorporate new data into an updated mineral resource estimate by Q1 2026, potentially enhancing its industry positioning and offering new opportunities for stakeholders.
More about Strategic Minerals
Strategic Minerals plc is an international mineral exploration and production company. Its primary focus is on the exploration and development of mineral resources, with a particular emphasis on copper and silver mineralisation. The company operates through its wholly owned subsidiary, Cornwall Resources Limited, which is involved in the Redmoor project.
Average Trading Volume: 6,134,522
Technical Sentiment Signal: Buy
Current Market Cap: £6.93M
Find detailed analytics on SML stock on TipRanks’ Stock Analysis page.