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Pin to quick picksStrategic Minerals Share News (SML)

Share Price Information for Strategic Minerals (SML)

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Share Price: 0.225
Bid: 0.20
Ask: 0.25
Change: 0.00 (0.00%)
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Strategic Minerals Excited After "Impressive" Redmoor Drill Results

Wed, 23rd Jan 2019 11:17

LONDON (Alliance News) - Strategic Minerals PLC on Wednesday said latest results from its drilling programme at the Redmoor tin-tungsten project are "exceptional".

Every hole in the 12-hole programme was successful, Strategic said, with most beating expectations.

As a result, the company said there is a "high likelihood" of a "substantially" increased mineral resource, with results expected in the first quarter of 2019.

The average tin grade is 81% higher than the current resource, it added. Tin grades include up to 5.1% tin.

Strategic has found intercepts of up to 26%, 12%, and 11% tin equivalent, with some of the latest holes showing the highest grades to-date.

The programme was completed on time and under budget, with a good environmental and safety record.

Executive Director Peter Wale said: "These impressive assay results show great scope to increase both the resource tonnage and grade at Redmoor. We anticipate this update and the expected resource upgrade will add further support to the renaissance of mining in Cornwall."

"2019 is anticipated to be a watershed year for Strategic - this update from Redmoor sets the tone for what the board expects to be a year of substantial progress."

Shares were down 0.5% on Wednesday at a price of 1.84 pence each.

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1 Jun 2020 09:17

Arbitrator finds in favour of Strategic Minerals subsidiary

(Sharecast News) - Strategic Minerals announced on Monday that the appointed arbitrator has awarded its wholly-owned subsidiary Southern Minerals Group (SMG) $21.93m (£17.71m) in damages and costs, exclusive of additional interest to be calculated, in its claim against a "major client" at the Cobre magnetite stockpile.

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21 May 2020 16:29

Strategic Minerals completes 'important step' in reopening of Leigh Creek

(Sharecast News) - Strategic Minerals announced on Thursday that its wholly-owned subsidiary Leigh Creek Copper Mine has lodged a draft programme for environment protection and rehabilitation (PEPR) with the South Australian government.

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2 Mar 2020 18:11

DIRECTOR DEALINGS SUMMARY: Jupiter Fund Executives Buy Shares

DIRECTOR DEALINGS SUMMARY: Jupiter Fund Executives Buy Shares

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2 Mar 2020 13:36

Strategic Minerals To Get Court Decision Soon; Rules Out Fundraise

Strategic Minerals To Get Court Decision Soon; Rules Out Fundraise

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14 Jan 2020 15:04

Strategic Minerals reports fall in sales at Cobre ahead of arbitration

(Sharecast News) - Battery minerals producing company Strategic Minerals updated the market on its cash position and ore sales at the Cobre magnetite operation in New Mexico for the quarter ended December on Tuesday, reporting continued improving demand from existing Cobre clients.

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14 Jan 2020 10:53

Strategic Minerals Hopes Cobre Arbitration Date Will Be Set Soon

Strategic Minerals Hopes Cobre Arbitration Date Will Be Set Soon

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26 Nov 2019 14:31

Strategic Minerals Gets R&D Tax Rebate For Redmoor Exploration

Strategic Minerals Gets R&D Tax Rebate For Redmoor Exploration

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26 Nov 2019 08:31

Strategic Minerals pleased with latest R&D tax rebate

(Sharecast News) - Producing battery minerals company Strategic Minerals has received a rebate of £0.25m from Her Majesty's Revenue and Customs (HMRC) in relation to research and development tax relief claims, it announced on Tuesday.

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22 Nov 2019 14:52

Strategic Minerals reports on de-risking progress at Leigh Creek

(Sharecast News) - Battery minerals-focussed company Strategic Minerals updated the market on its operations at the Leigh Creek Copper Mine on Friday, including the results from a completed feasibility study on the first stage development at Paltridge North, and an updated feasibility study on the Lynda and Lorna Doone deposits.

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22 Nov 2019 14:32

Strategic Minerals Still Awaiting Funding Deal For Leigh Creek Mine

Strategic Minerals Still Awaiting Funding Deal For Leigh Creek Mine

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16 Oct 2019 11:44

Strategic Minerals Optimistic As Demand For Cobre Produce Improves

Strategic Minerals Optimistic As Demand For Cobre Produce Improves

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8 Oct 2019 15:25

Strategic Minerals makes first payment to New Age Exploration early

(Sharecast News) - Battery minerals developer Strategic Minerals announced on Tuesday that the first quarterly payment of AUD 0.3m (£0.17m) has been made to New Age Exploration.

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2 Oct 2019 12:17

DIRECTOR DEALINGS: Strategic Minerals Director Peter Wale Buys Shares

DIRECTOR DEALINGS: Strategic Minerals Director Peter Wale Buys Shares

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1 Oct 2019 15:47

Strategic Minerals Sinks To Loss On Charges And Revenue Pain

Strategic Minerals Sinks To Loss On Charges And Revenue Pain

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