RE: Cornish metals19 Nov 2020 18:15
CORNISH METALS
CORNISH METALS REPORTS MULTIPLE COPPER AND TIN DRILL INTERSECTS FROM UNITED DOWNS
Including 4.04 metres grading 4.44% Copper and 2.06% Tin
Vancouver, November 18, 2020
Cornish Metals Inc. (TSX-V: CUSN), (“Cornish Metals” or the “Company”) is pleased to report the second set of assays from the diamond drilling programme conducted by Cornish Lithium at the United Downs project earlier in 2020.
HIGHLIGHTS
Multiple zones of copper and / or tin mineralisation have been intersected
Mineralisation extends over at least 750 metres (“m”) vertical extent and is open along strike and to depth
Identification of at least five new zones of copper and / or tin mineralisation
The two drill holes reported here were drilled to test for lithium in brines, yet discovered new zones of copper / tin mineralization highlighting the regional potential for new discoveries
All mineralised zones are tabulated below:
Hole ID From
(m) To
(m) Length
(m) Copper
(% Cu) Tin
(% Sn)
GWDD-001 621.90 628,81 6.91 0.81
Inc. 625.00 627.75 2.75 1.08
GWDD-002 90.60 105.29 14.69 8.45 1.19*
GWDD-002 513.33 515.78 2.45 0.90
Inc. 513.33 513.65 0.32 3.57
GWDD-002 636.11 637.71 1.60 0.98
GWDD-002 638.85 642.89 4.04 4.44 2.06
GWDD-002 770.06 773.00 2.94 0.95
Inc. 771.06 771.96 0.90 3.05
And 781.02 782.90 1.88 0.90
Inc. 781.02 782.00 0.98 1.39
* reported April 15, 2020 – see company news release dated April 15, 2020
** Additional drilling is required to determine the true width of all reported mineralised zones.
Richard Williams, CEO, stated “These results add further confidence to the exploration potential at United Downs between and beneath the former copper producing United Mines and Great Consolidated Mines. This drilling has identified at least five new zones of copper and / or tin mineralisation that have not previously been recognised.”
BACKGROUND
Following the recent successful exploration drilling at South Crofty, which demonstrated high-grade tin mineralisation at depth including 2.6 m at 10.33% tin (“Sn”), see Company press release dated October 7, 2020, Cornish Metals has now assayed the remainder of the core drilled by Cornish Lithium earlier in the year at United Downs, located 8km east of South Crofty.
Cornish Lithium drilled two deep diamond drill holes (GWDD-001 and GWDD-002) to test for lithium in brine potential on Cornish Metals’ mineral rights area at United Downs.
The two drill holes were collared approximately 200 m apart and were drilled towards the south between the historic United Mines (to the south) and Great Consolidated Mine (to the north).
Map 1 shows the collar locations and traces of the drill holes in relation to surrounding mines and mine workings.
On April 15, 2020, the Company reported high-grade copper / tin mineralisation in drill hole GWDD-002 (14.69 m grading 8.45% copper (“Cu”) and 1.19% Sn between 90.6 m – 105.29 m downhole depth) from a zone referred to as Lith