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Cornish Metals Inc - Vancouver-based mineral exploration company - Buys about 7.7 acres of land located immediately adjacent to important surface infrastructure at its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom.
Interim Chief Executive Ken Armstrong said: "The purchased land includes the location of the North Winder for New Cook's Kitchen shaft, South Crofty's main production shaft, as well as a large area adjacent to the proposed site of the project's permitted processing plant. The land will provide additional space for future site works as well as opportunities for potential operating cost savings, renewable energy initiatives and improved overall property security."
Current stock price: 6.68 pence
12-month change: down 45%
By Sophie Rose, Alliance News senior reporter
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