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The latest update is out from Strategic Minerals ( (GB:SML) ).
Strategic Minerals announced updates on its Leigh Creek Copper Mine and Redmoor Project. The company expects a payment for a call option to acquire the Leigh Creek Copper Mine, while Cornwall Resources Limited has signed a drilling contract for the Redmoor Project, supported by UK government funding. The drilling aims to explore further mineralization, with results expected to inform a new mineral resource estimate by Q1 2026.
More about Strategic Minerals
Strategic Minerals plc is an AIM-quoted mineral exploration and production company with strategic projects in the UK, United States, and Australia. The company acquired Cornwall Resources Limited and the Redmoor Tungsten-Tin-Copper Project in 2019, and it also owns the Cobre magnetite project in New Mexico, USA, and the Leigh Creek Copper Mine in South Australia.
Average Trading Volume: 6,028,885
Technical Sentiment Signal: Buy
Current Market Cap: £6.81M
For detailed information about SML stock, go to TipRanks’ Stock Analysis page.