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Pin to quick picksStrategic Minerals Share News (SML)

Share Price Information for Strategic Minerals (SML)

London Stock Exchange
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Share Price: 0.25
Bid: 0.20
Ask: 0.30
Change: 0.00 (0.00%)
Spread: 0.10 (50.00%)
Open: 0.25
High: 0.25
Low: 0.25
Prev. Close: 0.25
SML Live PriceLast checked at -

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IN BRIEF: Strategic Minerals shares down but DDC work complete

Fri, 10th Nov 2023 11:39

Strategic Minerals PLC - London-based miner with projects in New Mexico, South Australia and the UK - Says wholly owned subsidiary Cornwall Resources Ltd has completed all field activities at the Deep Digital Cornwall (DDC) project. Outputs include analytical data for 2,184 soil samples and a "highly detailed" ground gravity survey. Expects data to increase CRL's understanding of the larger licence area's prospectivity, and highlight potential target areas for future exploration. Analysis is ongoing, including targeting soil anomalies for further testing, field verification and indoor sampling. Company says soil sample results provide validation of the mineral prospectivity map announced in September.

Executive Director Peter Wale says: "At this stage we believe that the outputs have provided valuable information which helps us reinforce our understanding of our existing resource and mineral rights. This has resulted in another step in de-risking the project, whilst demonstrating there is much more left to discover."

Current stock price: 0.11 pence, down 3.6% on Friday around midday

12-month change: down 61%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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28 Mar 2022 18:14

IN BRIEF: Strategic Minerals gains extended access to Cobre stockpile

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IN BRIEF: Strategic Minerals expects annual profit despite revenue dip

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23 Dec 2021 12:16

Strategic Minerals shifts funding focus for Leigh Creek mine

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Strategic Minerals looks for alternate routes to fund copper mine

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Strategic Minerals finds more high-grade tin in pit samples

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Cobre sales remain muted as Strategic Minerals works on future

(Sharecast News) - Strategic Minerals updated the market on its cash position and ore sales at the Cobre magnetite operation in New Mexico for the September quarter on Tuesday, reporting that annual sales totalled $2.87m for the 12 months ended 30 September.

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25 Oct 2021 16:33

Strategic Minerals raises £0.4m to help fund Paltridge North work

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IN BRIEF: Strategic Minerals raises GBP400,000 to advance projects

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