Strategic Minerals PLC - mineral company operating in the US, Australia and the UK - Appoints Natural Resources Global Capital Partners Ltd to provide advice on the advancing of the company's Redmoor tin and tungsten project, held by its subsidiary Cornwall Resources Ltd, based in Cornwall, England. NRG has undertaken an encouraging initial review of the project and plans on targeting higher-grade material identified in the latest drilling programme. This strategy is expected to result in an updated financial model which may offer a better initial rate of return.
Current stock price: 0.40p
Year-to-date change: down 41%
By Greg Roxburgh; gregroxburgh@alliancenews.com
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Strategic Minerals (SML)